Mr. Villanueva was previously Managing Director of Bastion Capital Corporation and Bastion Management Corporation, the first private equity fund to focus on the Hispanic market. Bastion’s limited partners included several of the nation’s largest institutional investors including New York, Pennsylvania, and CalPers. Bastion enjoyed returns amongst the very highest of its peers.
Mr. Villanueva left the broadcasting business after 25 years as a television executive, Senior Vice President, Partner and Director with Spanish International Communications Corp. and its successor company Univision. Mr. Villanueva has developed and sold numerous broadcasting properties across the United States. Under Mr. Villanueva’s direction, KMEX-TV in Los Angeles became the most profitable Spanish language station in the United States. Univision was sold to Hallmark Cards and First Chicago Venture Capital in 1988.
Current corporate boards on which Mr. Villanueva currently serves include Integrated Water Resources (Chairman), Met West Funds, Fleetwood Enterprises (NYSE:FLE), Banamex USA and Juanita’s Foods. Former directorships include Spanish International Communications Corporation (Univision station group) and Telemundo Network.
Mr. Villanueva serves as a Director for both the New America Alliance and the Marathon Club. His prior civic activities have included board membership of the American Red Cross, the National Association of Broadcasters, National Junior Achievement, National YMCA, the National Hispanic Education Fund, the California Broadcasters Association, the California Economic Development Corporation, the Greater Los Angeles Chamber of Commerce, KCET Public Television, the United Way, Stanford Graduate School of Business, the Ventura County Community Foundation, and the Museum of Contemporary Art. Mr. Villanueva was also active in immigration reform legislation and was a Commissioner of the 1984 Summer Olympic Games in Los Angeles.
Mr. Villanueva is a graduate of New Mexico State University, and from 1960 to 1968 was a professional football player with the Los Angeles Rams and the Dallas Cowboys.
Mr. Villanueva went on to become an owner and a senior vice president of the network’s parent company, the Spanish International Communications Corporation. In 1987, the corporation’s television stations were sold to Hallmark for more than $260 million and renamed Univision. He remained with Univision until 1990.
Other ventures with which Mr. Villanueva was involved over the years include Telemundo, a rival network to Univision; Rustic Canyon/Fontis Partners, a private equity concern; Bastion Capital; and the Los Angeles Aztecs and Galaxy soccer teams. A noted philanthropist, he contributed to New Mexico State and many other institutions.
Mr. Villanueva lived in Camarillo, Calif. His survivors include his wife, the former Myrna Schmidt; two sons, Daniel L. and Jim; four brothers, Samuel, Paul, Ben and Primo; four sisters, Mary Blank, Lily Hernandez, Noemi Prince and Ester Aguilar; five grandchildren; and eight great-grandchildren.