Joncarlo R. Mark is the founder of Upwelling Capital Group LLC, a registered investment adviser with a particular focus on providing advisory and capital solutions to legacy private equity portfolios. Prior to forming Upwelling in 2011, Mr. Mark was a Senior Portfolio Manager in the Alternative Investment Management (AIM) Program at the California Public Employees Retirement System (CalPERS), where he was a part of the senior leadership team 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) and is currently on the board of AltExchange Alliance and an advisory board member for the Private Capital Research Institute (PCRI). Separately, Mr. Mark serves as trustee and member of the University of California Davis Foundation Finance and Investment Committee. Prior to joining CalPERS in 1999, Mr. Mark spent six years with Premier Farnell PLC. He 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.