Artist Capital scales up with key hires

New York-based Artist Capital is looking to serve more investment firms and entrepreneurs as it onboards two senior executives to help further the firm’s institutional growth platform. Ramesh Parameswar joined as managing director and Patrick Neuman as director as Artist Capital celebrates having organized over $4 billion in capital for clients across the alternative investment landscape. Most of that growth has taken place over the past five years and in recognition of their contributions, Denise Sadowski, Evan Kerr and Brett Kasner have been appointed partners of the firm. Parameswar most recently led business development and sat on the management committee of Trend Capital Management. He also played a significant role in growing Citigroup Alternative Investment’s single manager hedge fund and leveraged loan business. Neuman, meanwhile, joined Artist from Trailmark Inc., where he advised fund sponsors and investors across private equity, private credit and real assets. “I am thrilled to join a firm that is highly selective in the projects it takes on,” said Parameswar. “What truly differentiates Artist Capital is its willingness and ability to partner with extraordinary investors that are early in their evolution or early in their appreciation for their strategy and invest the time and resources to effectuate quality results.” Neuman added that he looked forward to working with a team that doesn’t believe simply in sourcing capital, but instead focuses on bringing compelling, actionable and early-stage ideas to market. In turn, Artist Capital helps investors find alpha and build long-term partnerships. In 2018, to capitalize further on market opportunities, Artist Capital launched Artist Capital Management LLC, an asset management firm that currently manages over $500 million in private capital commitments across themes within the technology and consumer Internet landscape. Since its founding in 2004, Artist Capital has worked in public and private markets facilitating assets for clients, which include Sabal Investment Holdings and 8VC. “Since the inception of Sabal’s investment management business, Artist Capital has been a trusted strategic partner providing high-touch service. From day one they helped iterate our business development strategy, and have been partners ever since as we’ve successfully grown from an emerging investment platform to greater than a $1 billion dollar franchise in less than five years,” said Pat Jackson, CEO of Sabal Investment Holdings, which is a firm focused on lending within commercial real estate. Co-Founder of Palantir Joe Lonsdale, also founding partner of 8VC, added, "Artist Capital has been a trusted partner for the last decade, starting with Formation 8 and continuing at 8VC and our current focus on smart enterprise and the renaissance in biology. The team has scaled innovative investment strategies and built an impressive platform over the past decade.”

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