Marx L. Cazenave II
Co-founder and former CEO
Progress Investment Management Company,
Mr. Cazenave has devoted his professional career to expanding business opportunities for minorities, women and start-up companies. He is the co-founder and former CEO of Progress Investment Management Company, a San Francisco-based manager of managers, focusing on emerging firms (small, minority, and women owned investment companies). Since its inception in 1990, Progress Investment Management has funded more than 125 emerging firms across a broad range of public security asset classes. The firm grew the assets to $3 billion in eight years was sold in 1998 to Liberty Financial, a subsidiary of Liberty Mutual Life. Progress Investment Management Companies currently manages more than $7 billion in assets for some of the world’s largest public and corporate pension funds
Mr. Cazenave was appointed by President Jimmy Carter to serve as regional administrator of the Small Business Administration (SBA), and has served as director of Business Development for the State of California and as a principal consultant to the State Assembly Office of Research. Mr. Cazenave served on the board of the National Associate of Securities for Professionals (NASP) Foundation and was awarded the 8thAnnual NY NASP Foundation Wall Street Hall of Fame Award in February 2006. Mr. Cazenave also received the NASP Travers Bell Award In 2011.
Today, he serves on the advisory boards of the UCLA Anderson’s Harold and Pauline Price Center for Entrepreneurial Studies, Busara Advisors, Bennu Ventures, Cazenave Consulting Group, Vicente Capital Partners, Making Waves Education Program in Richmond, California, the Jesuit Retreat Center in Los Altos, California and formerly on the board of the Jesuit School of Theology at Santa Clara University.
Mr. Cazenave received his B.A. in political science from California State University, Los Angeles, 1962, and completed Stanford University’s Graduate School of Business Executive Program for Smaller Companies in 1978.