Per a Spurs Organization Press release:
The San Antonio Spurs today announced that Paul Viera, founder of global investment firm EARNEST Partners, has joined the Spurs investor group as a strategic partner and a member of the board of managers. Viera’s acquisition of an equity stake in the Spurs has been approved by the NBA Board of Governors and closed today.
“Paul is an exceptional business leader and we are excited to welcome him to the San Antonio Spurs investor group,” said Peter J. Holt, SS&E managing partner. “Paul Viera brings a unique perspective and expertise to our organization and shares our commitment to integrity, success and community impact.