Raul Fernandez is currently vice chairman and owner of Monumental Sports & Entertainment, a private partnership and owner of DC sporting franchises—including the Washington Mystics, Washington Capitals, Washington Wizards, and Wizards District Gaming NBA 2K team—as well as DC’s premier sports and entertainment complex, Capital One Arena. A senior advisor and limited partner to General Atlantic Partners, Fernandez is also an investor, business executive, and philanthropist, with an esteemed career spanning a cross-section of industries from technology and retail to sports and entertainment. Investing his expertise and resources in emerging and established B2B and B2C companies, he is active in a multitude of sectors that intersect technology with lifestyle industries. As a hands-on leader, Fernandez is also involved in global sponsorship and technology innovation and serves as an alternate governor on the NBA Board of Governors.
Fernandez brings more than three decades of executive experience scaling innovative and rapidly growing technology companies. He is well known in the tech industry and the DC area as the founder of Proxicom, which which has evolved into a prominent global provider of e-commerce solutions for Fortune 500 companies under his leadership, guiding their growth from 1991 to 1999. With more than 2,000 consultants and $200 million in revenue, he sold the company to Dimension Data in an all-cash transaction valued at $450 million. From 2000 to 2002, he served as chief executive officer for Dimension Data North America, and as a director of its parent company, Dimension Data Holdings Plc, in 2001.
He serves as chairman and CEO for ObjectVideo; served on the board of directors of Liz Claiborne/Kate Spade & Company from 2001 until 2017; and is a member of the President’s Council of Advisors on Science and Technology. Fernandez serves on the board of directors at DXC Technology; Broadcom, Inc.; GameStop; URBANEER; InSite; and Perfect Sense, Inc. Fernandez is also an active technology investor in disruptive companies including Cloud9 eSports, SyncThink, Radius Networks, SUGARFISH, Professional Fighters League (MMA), and RemoteRetail.
A native Washingtonian, Fernandez is an active philanthropist with a focus on educational reform. In 2000, he co-founded Venture Philanthropy Partners, a philanthropic investment organization based in Washington, DC. Passionate about making college education accessible to DC’s high school students, Fernandez is also a board member of DC College Access Program and the Fernandez Foundation. Profiled by The Wall Street Journal, Fortune, Forbes, CNBC, The Industry Standard, The Washington Post, and CNN, Fernandez holds a bachelor’s degree in economics from the University of Maryland.