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X-Square Capital

Investment Advisory and Financial Services


About Us

X-Square is a minority owned and operated registered investment advisor that provides investment advisory services to individual and institutional clients.

Our team is comprised of professional money managers and advisors with extensive knowledge and experience in financial markets.

Relentless search for value, inefficiencies, and event driven opportunities.

Ignacio Canto, CFA, FRM

Ignacio Canto, CFA, FRM

Ignacio Canto is the founder, President and Portfolio Manager at X-Square Capital Group. He served as Executive Vice President and Treasurer for the Government Development Bank for Puerto Rico (GDB) from 2010 to 2012. Prior to that, he worked as a portfolio manager and portfolio analyst at Santander Asset Management Corporation, where he traded interest rate derivatives, U.S. Government and Agency securities, structured products, municipal bonds, equities and equity derivatives.

He holds the Chartered Financial Analyst (CFA) designation and the Financial Risk Manager (FRM) designation.

Gabriel Medina, CFA

Gabriel Medina, CFA

Gabriel Medina is Portfolio Manager for X-Square Capital. He began his career at Saint-Gobian as a production engineer in the manufacturing sector. He then transitioned into the services industry, working at Liberty Mutual and Accenture as a business analyst. Gabriel interned as a private equity analyst while studying for his Master’s Degree in Boston. He has managed to successfully leverage his prior experience in the asset management industry.

He holds the Chartered Financial Analyst (CFA) designation.

Jimmy Rodríguez

Jimmy Rodríguez

Jimmy Rodríguez is Head of Business Development and Senior Vice President in X-Square Capital. In his over 30 years of experience, he served as President and Chief Executive Officer in Santander Securities Corporation, and prior to that, he was Managing Director in charge of Institutional Sales for Popular Securities.

Lee Daniel Cardona

Lee Daniel Cardona

Lee Cardona is a Senior Vice President at X-Square Capital. He served as First Vice President of Investments for Popular Securities from August 2011 through February 2019, where he oversaw a book of approximately $475MM in assets under management. He specializes in developing strategies and solutions based on the client’s risk tolerance, time horizon, liquidity needs, and overall investment goals for high net worth individuals.

Contact Us

Feel free to contact us. We always look forward to communicating with current and potential clients as well as interested third parties.

X-Square Capital, LLC 
Centro Internacional de Mercadeo II
90 Carr 165, Ste 803
Guaynabo, PR 00968

(787) 282-1621

An investor should consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. To obtain a prospectus containing this and other information, please call 1-787-282-1621 or download one from Read the prospectus carefully before you invest.

The Fund is new and has limited operating history.

Investing involves risks, including loss of principal.


ALPS Distributors, Inc. is the distributor of the X-Square Balanced Fund. There is no affiliation between X-Square Capital, LLC and ALPS Distributors, Inc.  ALPS Distributors, Inc. 1290 Broadway, Suite 1100, Denver, CO 80203