A graduate of University of Oxford's Saïd Business School, Oscar Hilt Tatum IV is the founder, lead general partner, and president of Panama-based iPoint Capital Partners, an investment and venture capital firm. In his free time, Oscar Hilt Tatum IV has several hobbies including fishing.
Panama is regarded as a world-class destination for fishing, mostly because fishing enthusiasts have been known to reel in monster species such as blue marlin, yellowfin tuna, and swordfish. A popular fishing destination is Lake Gatún, where one can be assured of a catch within a few minutes of throwing a line. While Panama offers a great fishing experience the year-round, prized species such as marlins and tunas are more abundant between January and April.
For fishing aficionados, Panama is home to several fishing charters, which are available for day and multi-day excursions. Charters usually include fishing gear, meals, transportation, and a bilingual guide. They offer a range of services, from getting out of the water with the help of a fisherman to manning a trip organized by a competent operator
Oscar Hilt Tatum IV holds a postgraduate business degree from the University of Oxford’s Said Business School. Also the founder and lead partner at iPoint Capital Partners, Oscar Hilt Tatum IV steers the private equity firm in creating value in its portfolio companies.
Value is what attracts customers to a business and makes stakeholders eager to transact with a business. In many ways, therefore, value is not fixed or tangible but exists in the mindset of the client or stakeholder.
Businesses often seek an understanding of what value means to their customers, then strive to deliver it. Businesses can create value in three ways:
1) Create new value. This requires that a business break into a new sector. Businesses can create new value by going after a new market segment or tapping into a demand for a new product. For example, a business seeking to increase membership can create new value by opening a new category of membership to include vendors who sell in that industry.
2) Create more value. More value is created when the purchase price of a product or service is kept the same but more is delivered, when the purchase price is lowered but the same quality is delivered, or both. Here, the focus is on the quantity - such as added features in a phone or levels in a game.
3) Create better value. As the name implies, better value is based on pre-existing value. However, unlike more value, which focuses on increasing quantity, better value focuses on increasing quality. For example, journals create better value by launching an online forum to encourage discussion, and cleaning companies achieve this end by cleaning apartments beyond competitors’ standards, thus improving the quality of their service.
As founding partner, chief executive officer, and president of iPoint Capital Partners, Hilt Tatum IV oversees the Panama City, Panama, investment company’s daily operations. Tatum commenced his career when he cofounded a technology company while still in college. An active philanthropist, Hilt Tatum IV supports numerous charities, including Save the Children.
The Save the Children organization aims to provide children with the tools they need to grow up healthy and happy. The non-profit organization serves children in 120 countries, including the United States, Transforming their lives in areas such as education, healthcare, and emergency aid in regions affected by natural disasters.
Individuals who want to support Save the Children’s advocacy of children can contact legislators and insist that the government put the needs of children first. Save the Children focuses on ensuring that children have access to high-quality education, and since two out of every five children of preschool age are not enrolled in preschool, the organization asks that individuals contact Congress about this issue. Save the Children suggests people insist that their government representatives support the Strong Start for America’s Children Act, a 10-year federal-state partnership intended to improve learning opportunities for young children. Its website features a form letter that people can fill in and have sent to their representative.
A co-founder of the Panama City, Panama, private equity, venture capital, and asset management firm iPoint Capital Partners, Hilt Tatum IV serves the investment group as president and CEO. Outside of his professional responsibilities, Hilt Tatum IV supports nonprofit aid organizations that provide relief to those in need in Panama and other countries in the region. Thanks to the generous contributions of donors like Hilt Tatum, the American Red Cross is able to assist those in Panama and other Latin American and Caribbean nations through disaster risk-reduction projects and the Resilience in the Americas (RITA) program.
Working with local Red Cross affiliates in Panama, Colombia, Paraguay, Costa Rica, Ecuador, and El Salvador, the American Red Cross began Latin America-based disaster risk-reduction initiatives in 2011 to safeguard local communities that are inadequately equipped to contend with natural disasters that regularly strike the region. With the goal of impacting more than 176,300 people in at-risk areas throughout the six countries, the American Red Cross has developed community-based education programs and has trained local Red Cross staff and volunteers to teach residents disaster-preparedness best practices, including earthquake survival methods, basic first-aid, and the importance of keeping an emergency response kit in the home. The American Red Cross has also supported infrastructural improvements, such as the installation of public address or very high frequency radio systems that can save lives by alerting citizens of an imminent disaster, allowing them to evacuate before it arrives.
RITA is a pilot program launched by the American Red Cross in 10 Latin American and Caribbean countries, including Panama, Guyana, Belize, the Bahamas, and Nicaragua. It is intended to benefit 3,500 people and enhance the resilience of 126 communities across these nations through a risk assessment process wherein community members themselves will identify locally available means they can develop to address pressing needs and secure against vulnerabilities. From the results of this pilot, the American Red Cross and local affiliates hope to develop tools and training manuals to model community resilience programs that can be applied in other areas of the world.
Hilt Tatum is CEO of Oxford Consulting Group - International business consulting