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Businessman Pledges $1 Million to Fund

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From Times Staff and Wire Reports

Luis Nogales, a businessman and philanthropist, pledged $1 million Monday to the Mexican American Legal Defense and Educational Fund.

The gift will help further the fund’s work on behalf of immigrants in education, health care and jobs, Nogales said.

“Millions of Latino immigrants are making valuable contributions to our economy and society, but they live and work unprotected by our laws and are marginalized in participating in the life of our nation,” he said.

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Nogales is head of Nogales Investors, a Los Angeles-based equity investment firm.

He formerly was president of Univision and United Press International.

The grandson of Mexican immigrants, Nogales is also a senior advisor to Deutsche Bank Private Equity Group and served on the Stanford Board of Trustees for several years.

“We’re still reeling from this announcement,” said the fund’s president, Antonia Hernandez. “We deeply appreciate his generous donation and so does our large immigrant community.”

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