![Francisco Borges](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Francisco Borges
Chairman at
ASSURED GUARANTY LTD.
Net worth: 13 M $ as of 2026-05-30
Profile
Francisco Lopes Borges is currently Chairman & Managing Partner at Landmark Realty Advisors LLC; Partner and Chairman at Ares Secondaries Group since 2021; Chairman at Assured Guaranty Ltd. since 2015; Chairman & Co-Managing Partner at Landmark Partners LLC since 1999; Director at Hartford HealthCare Corp., the University of Connecticut Health Center, Connecticut Public Broadcasting, Inc., The University of Connecticut Foundation, Inc., Selected American Shares, Inc., Davis New York Venture Fund, Inc., Davis Variable Account Fund, Inc., Selected International Fund Inc.; Member-Regents Board at the University of Hartford since 2011; Member of the New Jersey State Bar Association and Connecticut Bar Association, Inc.; Trustee at Millbrook School, Clipper Funds Trust, and Ares Landmark Private Markets Fund.
Former roles include Lead Independent Director at Jefferies Financial Group, Inc. from 2013 to 2022; Lead Director at Jefferies Group LLC from 2018 to 2022; Director at Highland Hospitality Corp.
and Landmark Partners (Europe) Ltd.; Managing Director at Financial Guaranty Insurance Co.; Director at Hartford Foundation for Public Giving; Legal Counsel at The Travelers Insurance Co.; Treasurer for the State of Connecticut and the National Association for the Advancement of Colored People; Partner at Ares Management Corp.
Education includes undergraduate studies at Trinity College (Connecticut), graduate degrees from the University of Connecticut, and graduate studies at Connecticut School of Law University Of.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
| 2026-05-27 | 179,858 ( 0.41% ) | 13 M $ | 2026-05-30 |
Francisco Borges active positions
| Companies | Position | Start |
|---|---|---|
| ASSURED GUARANTY LTD. | Chairman | 2015-05-19 |
Ares Secondaries Group
 Ares Secondaries Group Investment ManagersFinance Landmark Partners invests in companies located in North America, Europe, and Asia. The firm targets companies operating across a broad range of sectors and industries. It provides financing for secondary interest and growth stage capital requirements. The firm also invest in private equity funds. | Private Equity Investor | 1998-12-31 |
Landmark Realty Advisors LLC
 Landmark Realty Advisors LLC Investment ManagersFinance Landmark Real Estate Partners invests primarily in the US & 30% globally outside of the US. The firm provides financing for secondary transactions and funds of fund. It acquires a portfolio of real estate funds. The investment size ranges form $5 to $50 million. | Chief Executive Officer | - |
Selected American Shares, Inc.
 Selected American Shares, Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust | Director/Board Member | - |
Davis Variable Account Fund, Inc.
 Davis Variable Account Fund, Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as umbrella fund | Director/Board Member | - |
Davis New York Venture Fund, Inc.
 Davis New York Venture Fund, Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust | Director/Board Member | - |
Clipper Funds Trust | Director/Board Member | - |
Hartford HealthCare Corp.
 Hartford HealthCare Corp. Hospital/Nursing ManagementHealth Services Operates hospital | Director/Board Member | - |
Ares Landmark Private Markets Fund
 Ares Landmark Private Markets Fund Investment Trusts/Mutual FundsMiscellaneous Functions as a closed-end investment fund or Investment trust | Director/Board Member | - |
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Former positions of Francisco Borges
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Training of Francisco Borges
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
75
1st degree connections
31
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 31 |
|---|---|
Jefferies Financial Group, Inc.
 Jefferies Financial Group, Inc. Investment Banks/BrokersFinance Provides investment banking, capital markets and asset management services | Finance |
Selected American Shares, Inc.
Selected American Shares, Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust | Miscellaneous |
The Travelers Insurance Co.
 The Travelers Insurance Co. Life/Health InsuranceFinance Provides individual annuities, life insurance and institutional protection | Finance |
Davis New York Venture Fund, Inc.
Davis New York Venture Fund, Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust | Miscellaneous |
Davis Variable Account Fund, Inc.
Davis Variable Account Fund, Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as umbrella fund | Miscellaneous |
Jefferies Group LLC
 Jefferies Group LLC Investment Banks/BrokersFinance Provides investment banking and financial services | Finance |
Highland Hospitality Corp.
 Highland Hospitality Corp. Real Estate Investment TrustsFinance Provides real estate investment services | Finance |
Landmark Realty Advisors LLC
Landmark Realty Advisors LLC Investment ManagersFinance Landmark Real Estate Partners invests primarily in the US & 30% globally outside of the US. The firm provides financing for secondary transactions and funds of fund. It acquires a portfolio of real estate funds. The investment size ranges form $5 to $50 million. | Finance |
Clipper Funds Trust | Miscellaneous |
Selected International Fund Inc.
 Selected International Fund Inc. Investment Trusts/Mutual FundsMiscellaneous Acts as Open-End Investment Fund/Unit Trust | Miscellaneous |
Ares Secondaries Group
Ares Secondaries Group Investment ManagersFinance Landmark Partners invests in companies located in North America, Europe, and Asia. The firm targets companies operating across a broad range of sectors and industries. It provides financing for secondary interest and growth stage capital requirements. The firm also invest in private equity funds. | Finance |
Financial Guaranty Insurance Co.
 Financial Guaranty Insurance Co. Financial Publishing/ServicesCommercial Services Provides credit enhancement on public finance and structured finance securities | Commercial Services |
Assured Guaranty Ltd.
 Assured Guaranty Ltd. Specialty InsuranceFinance Operates as a insurance holding company, which provides financial guaranty insurance services | Finance |
State of Connecticut
 State of Connecticut Province/StateGovernment Functions as a regional level government authority | Government |
Trinity College (Connecticut)
 Trinity College (Connecticut) Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Ares Management Corp.
 Ares Management Corp. Investment ManagersFinance Provides investment advice services | Finance |
University of Connecticut
 University of Connecticut Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
University of Hartford
 University of Hartford Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
National Association for the Advancement of Colored People
 National Association for the Advancement of Colored People Miscellaneous Commercial ServicesCommercial Services Provides civil rights protection services | Commercial Services |
Hartford HealthCare Corp.
Hartford HealthCare Corp. Hospital/Nursing ManagementHealth Services Operates hospital | Health Services |
University of Connecticut Health Center
 University of Connecticut Health Center Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Connecticut Public Broadcasting, Inc.
 Connecticut Public Broadcasting, Inc. BroadcastingConsumer Services Functions as a non-profit organization that operates television and radio broadcasting stations | Consumer Services |
The University of Connecticut Foundation, Inc.
 The University of Connecticut Foundation, Inc. Investment Trusts/Mutual FundsMiscellaneous Operates as a foundation | Miscellaneous |
New Jersey State Bar Association
 New Jersey State Bar Association Miscellaneous Commercial ServicesCommercial Services Operates as a bar association | Commercial Services |
Connecticut Bar Association, Inc.
 Connecticut Bar Association, Inc. Miscellaneous Commercial ServicesCommercial Services Provides legal services | Commercial Services |
Hartford Foundation for Public Giving
 Hartford Foundation for Public Giving Investment Trusts/Mutual FundsMiscellaneous Functions as a community foundation | Miscellaneous |
Millbrook School
 Millbrook School Millbrook School is a coeducational, college preparatory boarding school for grades 9-12 located on an 800-acre campus. Millbrook School fosters student growth through signature programs like the culminating experience for seniors, where students undertake projects in community service, arts, athletics, and leadership. The private company is based in Millbrook, NY. The school emphasizes core values including curiosity, respect, integrity, environmental stewardship, and service to others. It offers a rigorous academic program complemented by competitive athletics, fine and performing arts, community service, and leadership opportunities within a diverse and inclusive community. A distinctive feature is the AZA-accredited Trevor-Lovejoy Zoo, which houses over 170 exotic and indigenous animals and serves as a hands-on learning center for conservation education and wildlife management. The school integrates environmental responsibility through sustainable practices such as solar energy use, green building initiatives, and a goal of carbon neutrality. The school provides resources including academic support, college counseling, summer programs, off-campus learning experiences, a school store, livestreams of athletic events, and a calendar of community and alumni activities. | |
Landmark Partners (Europe) Ltd.
 Landmark Partners (Europe) Ltd. Financial ConglomeratesFinance Provides investment services | Finance |
Connecticut School of Law University Of
 Connecticut School of Law University Of Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Landmark Partners LLC
 Landmark Partners LLC Real Estate DevelopmentFinance Provides real estate services | Finance |
Ares Landmark Private Markets Fund
Ares Landmark Private Markets Fund Investment Trusts/Mutual FundsMiscellaneous Functions as a closed-end investment fund or Investment trust | Miscellaneous |
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