Goldman veteran joins Grafine Partners

New York-based Grafine Partners appointed Katherine Park, a Goldman Sachs and former Bain & Company consultant, as managing director. Most recently Park served as managing director and head of U.S fund and private capital at Goldman Sachs and served in various roles at the firm over 18 years. “We’re thrilled that Kathy is joining our diverse and growing team as we continue to disrupt the traditional model of private capital investing,” Elizabeth Weymouth, founder and managing partner of Grafine. “Her experience and expansive network will add to our ability to source and evaluate investment opportunities and create value for our capital partners.” Weymouth founded Grafine launched last year with an aim to invest private capital across sectors, geographies and capital structures. She had been a partner at Riverstone Holdings for a decade helping to institutionalize the firm and overseeing the growth of firm assets by $27 billion during her tenure. Providing the flexibility of a large family office model, Grafine has built a network of active institutional investors to bring capital closer to the deal. The Grafine team has wide-ranging experience across the institutional investor arena. The management team includes Luis Enriquez, a former senior partner at McKinsey & Co.; Allen Waldrop, a former partner at Mercer Investments; Nicole Musicco, a former executive at the Ontario Teachers’ Pension Plan; Caroline Witmer, a former executive at J.P. Morgan and Marnie Lanphier, a former executive at Blackstone and Credit Suisse. Over the last 12 months, Grafine has capitalized over $1.2 billion in private investment deals across a range of opportunities, including significant deal flow within the real estate industry. According to Weymouth, there are some secular trends emerging within private markets, such as the increased demand from institutional investors for co-investments or direct deals, as well as a desire to increase the flexibility of capital structures. “Concurrently, there’s an influx of talented managers who are departing from the largest private equity firms, with renewed interest in alpha generation rather than asset gathering,” said Weymouth. “We’ve developed a new model for alignment to best support the evolving interests of LPs, while also ensuring that we source and invest in highly attractive direct deals from the next generation of talented managers.”

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