Managing Director, El Grande Group
Mr. Covarrubias represents more than 15 years of international business experience based on a solid investment banking, international business, legal and finance background; he leads El Grande’s team of experts assuring they provide the most competitive intelligent support service platform in the industry guiding the client’s growth milestones.
He started his professional career in 1996 as a paralegal at De La Fuente, Cano & Brizio, a corporate and labor law firm based in Mexico City and in 2000 he became the firm’s youngest partner, during his tenure he lead several restructures and union conflict resolutions as a consequence of the Tequila Effect (Mexico’s 1995 financial crisis); from 2001 to 2003 he joined Gozain, Frangie & Forcada Wright as part of the corporate department in charge of restructures, leading more than 20 transactions for domestic and international companies and financial institutions.
As a result of the experience of being a legal advisor of international investment banks, funds, and financial institutions and with a solid education, in 2003 Eduardo started one of Mexico’s first investment banks with US and MX partners called the Probitas group. Eduardo is recognized as a pioneer in the Mexican investment banking industry by founding and driving the group’s growth. The group has represented more than 3 BN USD in closed transactions from International Investors in Mexico. Probitas recently merged with 2 investments banks to form the Pharos Organization.
Following a long family tradition as a promoter of foreign investment in Mexico, Eduardo is an expert in the maquiladora industry and NAFTA (now USMCA), an environment that he has worked in since 1986 under Covman, a family office. Covman invested in the largest Mexican shelter group and during that time he implemented several growth structures for international companies operating in Mexico, creating a strategy using NAFTA and international financing programs.
Eduardo received his Law Degree from Universidad Emmanuel Kant in Mexico City. As part of his international education, Eduardo holds a Certificate in International Business and Finance, a Certificate in US Law and Methodologies and completed the Series 7 special certification; all at New York University (NYU).