Bea is an accomplished businesswoman, social entrepreneur, visionary, and pioneer in the economic development/asset building field. As CEO of New Capital LLC, she manages multi-million dollar portfolios of affordable housing, business, and economic development. New Economics for Women, a Latina economic development non-profit, was established through Bea’s adeptness at navigating financial products. By leveraging an initial $97,000 grant into more than $280 million in investments, for single and multi-family affordable housing in low-income communities throughout Southern California; simultaneously creating business incubators and small business loan funds. She is currently spearheading the development of the Latina Wealth Index to measure wealth among immigrant Latina entrepreneurs.
With more than 30 years of thought-leadership experience, Bea has been recognized for her work on local, state, and national levels. She has served as a trusted advisor to the Clinton Administration, the Mayor of Los Angeles, the Aspen Institute, the Ford Foundation, and a host of local government, private, and independent sector organizations. As former Treasurer of UNIDOS (formerly the National Council of La Raza (NCLR)) Board of Directors, she partnered with the CEO and CFO to deliver their strongest balance sheet in 15 years. Bea currently serves as a strategic advisor or executive board member for key national non-profits, foundations, and corporations who focus on economic mobility. A lifelong advocate for economic opportunities especially for vulnerable women and families, Bea is resolute about increasing the role of women as leaders within the finance sector, and was recently appointed to serve as a Commissioner on the Los Angeles County Women and Girls Initiative Governing Council.