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Alumnus creates venture capital firm focused on the Southwestern U.S. and Mexico

Reported by Stmarytx
Nov 22, 2024· 2 min read
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Key Takeaways
  • • Andy Vargas-Hernandez (B.B.A. '14), a St. Mary's University alumnus, has launched No Border Ventures, a venture capital firm targeting the Southwestern U.S. and Mexico as its primary investment geography.
  • • Vargas-Hernandez incubated the firm while completing his MBA at the Wharton School of the University of Pennsylvania in 2024, bringing experience across technology, venture capital, energy, and financial services sectors.
  • • The founder's background as a first-generation Mexican American from El Paso, with exposure to entrepreneurship through family businesses (restaurant, golf course, and leather goods operations), informed the firm's regional and cross-border investment focus.
  • • No Border Ventures represents an institutional capital deployment strategy targeting an underserved geographic market combining the Southwestern United States and Mexico, positioning the firm at the intersection of North American entrepreneurship and venture ecosystems.
Summary
Andy Vargas-Hernandez has established No Border Ventures, a venture capital firm with a defined focus on the Southwestern United States and Mexico. The founder, who graduated from St. Mary's University with a B.B.A. in 2014, incubated the firm while pursuing an MBA at the Wharton School of the University of Pennsylvania, completing the venture's foundational development in 2024.

Vargas-Hernandez brings a multifaceted career trajectory spanning technology, venture capital, energy, and financial services sectors. His professional experience, combined with his background as a first-generation Mexican American entrepreneur raised in El Paso, positions him to capitalize on regional market dynamics and cross-border investment opportunities. Growing up with entrepreneurial exposure through family enterprises—including restaurant and golf course operations on one side and a leather goods company on the other—provided formative business acumen that influenced his venture strategy.

His educational path reflects the early institutional commitment that shaped his professional direction. At St. Mary's University, Vargas-Hernandez was attracted to the institution's faith-based educational model, small faculty-to-student ratios, and designation as a Hispanic-Serving Institution. These factors aligned with his background and contributed to his engagement with the university community. He is scheduled to address attendees at St. Mary's Business Week Experience in October, maintaining ties to his alma mater.

No Border Ventures' geographic focus on the Southwest and Mexico addresses a market segment with significant entrepreneurial activity and capital formation opportunities. The firm's nomenclature—emphasizing the removal of borders—reflects Vargas-Hernandez's philosophical approach to venture deployment across both U.S. regional markets and Mexican opportunities, potentially positioning it within an underserved segment of the North American venture landscape.

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Sources

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Stmarytx Alumnus creates venture capital firm focused on the Southwestern U.S. and Mexico