Welcome to Monllor Capital

Monllor Capital, led by Mr. Torres Monllor, has a team of experienced investment professionals and senior advisors. The team is supported by local operating partners, legal, tax and accounting experts.

Our specialization


Meet the Team

We are a team of dedicated professionals, ready to do what ever it takes to make your business grow

Jose A. Torres

Jose A. Torres

Managing Partner & Founder

Mr. Torres, born in Ponce, Puerto Rico, brings over 25 years in private equity and investment banking experience. Prior to founding Monllor Capital, Mr. Torres worked for 13 years at Ares Management/Energy Investors Funds (“Ares EIF”) in San Francisco, CA, where led the San Francisco office. At Ares EIF, Mr. Torres was a partner in the Private Equity Energy Infrastructure Group and a member of its Investment Committee. For the last 4 years, Mr. Torres led Ares EIF’s San Francisco office.

Mr. Torres has also held various investment banking positions at ING Barings (Chile, Amsterdam, New York), Société Generale (New York) and CoBank (Colorado).

Mr. Torres Holds a B.A. in Economics from Colorado College and an International M.B.A from the American Graduate School of International Management (Thunderbird).

Adrian Stella

Adrian Stella

Operating Partner

Mr. Adrian Stella is the founder and President of Stella Group, a diversified real estate company focused on single and multi-family, self-storage, commercial centers, renewable energy and student housing. Adrian’s vision and leadership has expanded Stella Group into a multi-dimensional company.

Mr. Stella has extensive real estate development, management, sales and marketing experience across various sectors including resident, commercial/retail and urban renewal.

Mr. Stella studied finance at Jacksonville University.

For additional information visit: www.stellagroup.com

Phil Henson

Phil Henson


Mr. Henson has more than 30 years of experience in the field of energy and natural resources finance, most recently as the Chief Financial Officer of AMP Solar Group, Inc., a multinational solar energy company based in the Toronto area, from 2016 to 2017. At AMP, Mr. Henson successfully raised more than C$300MM of project equity and tax equity.

From 2012-2016, Mr. Henson served as CFO for AES Distributed Energy, a Boulder, Colorado based developer of distributed commercial and utility-scale photovoltaic solar energy facilities.

From 2009 – 2011, Mr. Henson was the CFO for Solar Power Partners, Inc. (“SPP”), a solar power developer based in San Francisco. At SPP, he raised more than $250MM in corporate and project financing.

From 2001 – 2008, Mr. Henson was the global co-head of the Power & Utilities Group of XL Capital Assurance, Inc. (“XLCA”), a New York-based financial guaranty company. Prior to joining XLCA, Mr. Henson was a transactor and relationship manager in the project finance group at ING and before that with Swiss Bank Corporation (now UBS).

Mr. Henson received a B.A. in history from Colgate University, an M.S. in international relations from Georgetown University and an M.B.A. from the University of Chicago Graduate School of Business.

Maricarmen Toro

Maricarmen Toro


Maricarmen Toro has over 25 years of experience in banking & lending to mid-size, corporate and UHNW and HNW clients. Thru her career she been responsible for deal origination, structuring, due diligence, execution and monitoring of over $7B of transactions via capital markets, commercial loans and wealth management. Most recently, Maricarmen was an Executive Director at Morgan Stanley Private Bank in New York focused on lending to international clients.

Amongst her prior employers are Santander Securities, GE Capital and Scotiabank where she focused on investment banking, business development and deal structuring.

Maricarmen serves on the Board of Directors of Pro-Arte Musical, Puerto Rico’s oldest non-profit organization, focused on promoting concert hall classical music and promote musical education.
While in NYC, she collaborated with Project Cicero, an annual non-profit book drive to enhance school and classroom libraries in under-served communities.

She received a bachelor’s degree from Bryant University and holds an Executive MBA from Northwestern University, Kellogg School of Management. She also holds the Series 7 and 66.

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