Bernardo is a General Partner at Expansion Capital Partners, where he has deployed capital into diverse areas of Clean Technology including energy, air emissions control, manufacturing efficiency, sensors and software. Before joining Expansion Capital Partners, Bernardo was a Senior Vice President at GE Equity, the private equity arm of the General Electric Company. Bernardo managed GE Equity's Enterprise Solutions Group and co-managed the Technology & Communications Group and completed growth-stage venture investments in thirty-five companies. Prior to joining GE Equity, Bernardo was a Senior Manager with Sara Lee Corporation in Chicago where he focused on strategic planning and M&A. Before business school, Bernardo worked in private equity in London for three years at Security Pacific Hoare Govett Equity Ventures and Schroder Ventures, where he was involved in leveraged buyout transactions across a wide variety of industry sectors. Bernardo currently sits on the boards of Agile Systems, Biorem [TSX: BRM], Expansion Capital Partners, LLC, Powerit Holdings and Tiger Optics. Bernardo holds a BA in Engineering Sciences from Dartmouth College and an MBA from the Kellogg Graduate School of Business Administration, at Northwestern University.
Expansion Capital was founded in late 2001 by Mark Donohue, who seeded the company with sweat equity and initial working capital. On July 1st, 2002, Mark was joined by Henry Corning as the Management Company's first Founding Investor. In the tradition of the Corning Family's original role in the founding of Greylock Partners in 1964, Henry became Clean Technology Fund's lead investor. In 2003, Diana Propper de Callejon and Bernardo Llovera joined as General Partners. As funds under management have grown, investors now include the founding families of ten Fortune 1000 companies, GP's of other venture funds, leading foundations, and strategic corporate investors from the energy and Cleantech sectors.
Expansion Capital was a pioneer in Cleantech venture capital and is respected for its leadership in developing the Cleantech sector. In this respect, in 2002, Expansion Capital was the only VC to be a Founding Investor of the Cleantech Venture Network, which is the world's leading conference and data provider to the Cleantech investment community.