Luis Berruga

Luis joined Global X in 2014. He is responsible for advancing Global X’s leadership in providing intelligent investment solutions. In doing so, he leads the organization of the senior management team to drive execution across all functional areas and the planning and implementation of the firm’s strategic vision. Prior to joining Global X, Luis served as an Investment Banker in the Financial Institutions Group at Jefferies, where he advised the board of directors and executive management teams of public and private companies on acquisitions, divestitures, and capital raises. Prior to that, Luis was at Morgan Stanley, where he focused primarily on technology and operations strategic planning within the Wealth & Asset Management Group. Luis earned his MBA from the Kellogg School of Management at Northwestern University.

• Mergers and acquisitions, capital raising and strategic advice for financial institutions (FIG). • Manage, mentor and develop a team of 8 analysts. • Co-lead Jefferies' recruiting efforts at the Kellogg School of Management. Select transactions: • Advisor to PacWest on their $2.3bn merger with CapitalSource • $100 million Senior PIK Notes Offering for one of the largest North American title lending companies • $150 million Follow On offering of common shares for a Diversified Holding Company with operations in insurance and annuity products, branded consumer products and energy • $700 million Senior Notes offering for a Diversified Holding Company with operations in insurance and annuity products, branded consumer products and energy • $60 million Senior Unsecured Notes Offering for a leading North American Business Development Company • Conducted a fairness opinion for the board of directors of a publicly traded real estate investment trust (REIT) regarding a proposed management agreement

• Provided training support in investment banking analyst and associate training programs. • Analyzed companies using financial modeling and corporate valuation techniques. • Investigated transactions and their impact on a client's capital structure. • Modeled the consequences of mergers, acquisitions, and leveraged buyouts. • Assisted with case study preparation, content development, and the building of models in Excel.

• Responsible for training a 1,000+ workforce of Private Wealth Advisors in portfolio optimization and quantitative research tools leading to an estimated increase in revenue of 10% in fiscal year 2010. • Managed a team of 8 Technology Training Associates responsible for training of 1,500 employees in the Midwest Division during the technology and operations integration of Morgan Stanley and Smith Barney. • Worked with senior management to develop and implement strategies that drive revenue growth, reduce expenses and minimize risk exposure.

• Delivered customized manager and portfolio-level quantitative analysis to Private Wealth Advisors resulting in a 9% increase in revenue from existing assets. • Developed a practice management dashboard used by 1,200 advisors that displayed key performance indicators, book analytics and growth opportunities driving a 12% productivity increase. • Built mathematical models to eliminate diversifiable risk for a $400MM Portfolio Management Group.

• Conducted a business management benchmarking analysis across forty branches in the Midwest that led to a 10% increase in the efficiency ratio and a #1 ranking in operational efficiency for the Central Division • Built financial models for senior management to monitor performance of 800 Financial Advisors in the Midwest • Assisted with the preparation of weekly presentations to summarize progress of strategic initiatives, business management improvements and recruiting efforts