Joncarlo Mark

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Joncarlo Mark

Joncarlo Mark is the Founder of Upwelling Capital Group LLC, which was formed in 2011.

Prior to forming Upwelling in 2011, Mr. Mark was a Senior Portfolio Manager at the California Public Employees Retirement System (CalPERS), where he was responsible for investing in global private equity partnerships and direct investments, with a portfolio that exceeded $48 billion of exposure. In addition, from 2007 to 2010, Mr. Mark served as chairman of the board for the Institutional Limited Partners Association (ILPA), whose 350 institutional members manage over $1 trillion in private equity assets. Prior to joining CalPERS in 1999, Mr. Mark spent six years with Premier Farnell PLC.

Mr. Mark currently serves as a trustee of the University of California Davis Foundation, where he also served as chairman of the Finance and Investment Committee. From 2012 to 2018, he was on the board of AltExchange Alliance, an industry body chartered to define, maintain and promote a single data standard for the private equity industry.

Mr. Mark earned an MBA from the Graduate School of Management at the University of California, Davis and received a BA from the University of California, San Diego. He also holds Series 62, 63 and 65 FINRA securities licenses.