Private Equity
- Star Mountain Capital added MaryAnn Stauffer as a managing director. Stauffer will be based in Star Mountain’s new Philadelphia office, and her role will involve enhancing the firm’s client services and distribution capabilities, with a particular focus on the high-net-worth channel and institutional coverage. Stauffer brings extensive experience in alternative investments, including private credit, private lending, BDC structures, private equity, and secondary fund investment strategies. She spent 17 years at Goldman Sachs Asset Management and previously held a vice president position at J.P. Morgan Asset Management. Star Mountain specializes in the North American lower middle-market.
- Windham Venture Partners appointed David Kereiakes as managing partner. He brings over a decade of experience in investing in healthcare innovation and will lead the firm’s new Cincinnati office, giving Windham a foothold in the Midwest region. Kereiakes has helped healthcare entrepreneurs achieve over $1 billion in value and played leading roles in $250 million in private placements, according to a Windham announcement. He joins from Providence Ventures, the venture capital fund of the Providence St. Joseph Health system in Washington State, where he was instrumental in the closing of several digital health and medtech deals (read more).
Private Credit
- Intermediate Capital Group (ICG) appointed Mathew Cestar as global head of credit to be based in the £80 billion ($102 billion) firm’s London office. In the newly created role, Cestar will provide strategic and operational leadership for ICG’s credit platform that spans private and public debt, including CLOs, liquid loans, multi-asset credit and alternative credit (read more).
- Real estate firm Harbor Group International (HGI) named Matt Jones to the new role of chief investment officer of credit investments. Having been with the firm for over two decades, most recently as managing director supporting the firm’s investments in multifamily, commercial and real estate debt sectors, Jones is now tasked with leading the firm’s rapid growth in the credit space. He will lead the credit investment team, strategy, sourcing investment opportunities. He is also charged with managing the due diligence process, sourcing financing relationships and closing transactions (read more).
Wealth Management
- Scott Thomas has been appointed to the newly created role of head of private wealth, Australia, at Hamilton Lane. Based in Sydney, Thomas will focus on serving the firm’s high-net-worth investors in the region, taking advantage of the growing interest in private markets. He will also contribute to expanding the firm’s distribution efforts. Thomas brings a wealth of investment management experience, including expertise in alternative and traditional asset classes, strategic business initiatives, and product development. He served most recently as the director of investment strategy at Invesco and previously held sales and business development positions at BT Investment Management, Pinnacle Investment Management Group and Macquarie Group.
Hedge Funds
- Scott Bommer, who heads the management of the $81 billion Blackstone Alternative Asset Management’s Horizon Fund, is leaving the firm this month. The $2 billion Horizon Fund, which is the fund of hedge fund unit’s strategic partnerships platform targeting absolute return oriented high-performing investment managers, will be run by an investment committee led by Joe Dowling, according to a Blackstone spokeswoman. (read more)
Real Estate
- Sriyas R. Pande was appointed as vice president at RCLCO Fund Advisors (RFA), the investment advisory affiliate of RCLCO. Pande brings extensive experience in investment and portfolio management, having previously served as the real estate portfolio manager at the Employees Retirement System of Texas. In that role, he oversaw the pension fund’s relationships with various types of real estate funds, including open end core funds, closed-end multi-family funds, and proptech funds. Before joining ERS, Pande worked as an Asset Management Analyst at Harbor Group International. RCLCO Fund Advisors, based in Bethesda, Md., provides specialized advisory services to institutional investors, focusing on real estate investments.
Foundations
- The Virginia Tech Foundation in Blacksburg, Va., hired as chief investment officer David Greenberg, who had served as CIO at The California Endowment in Los Angeles. Greenberg replaces Dan Ward, who stepped down from the $2 billion Virginia Tech Foundation late last year after more than 14 years at the helm. Ward remains at the foundation, however, serving as associate vice president for finance and portfolio manager (read more).
Service Providers
- Allen Matkins, a full-service real estate and business law firm, added Elizabeth N. Thompson as a partner in the firm’s Real Estate department and Joint Venture & Equity Investments practice group at its San Diego office. She joins from Sheppard Mullin Richter & Hampton, and and her previous experience working in-house for companies ranging from startups to global NYSE-listed life science real estate investment trusts gives her valuable insights into client needs when it comes to intricate deal structuring and execution.
- Grant Thornton is strengthening its private equity capabilities by welcoming Bill McManus and Alex Arata to lead the firm’s Value Creation Planning services. McManus joins as a managing director in the Strategy and Transactions practice, bringing over three decades of private equity and consulting experience. He has collaborated with executive management teams in mid-sized and Fortune 100 companies across various industries. Previously, he held senior roles at Point B, PwC, and Alvarez & Marsal. Arata joins as a business development executive within the Strategy and Transactions practice, having held leadership positions at Accenture and Cushman & Wakefield. He most recently served as a private equity director at Point B. Their additions will bolster Grant Thornton’s expertise and offerings in the private equity sector.
- StratCap Securities, a wholesale distributor of alternative investment offerings in Newport Beach, Calif., hired Bill Wolfe as regional vice president to head the the sales and marketing efforts for the firm’s investment offerings in the Northeast. Before joining StratCap, Wolfe was focused on capital raising efforts in private deals and funds targeting triple net lease real estate. He brings about 16 years of experience in the financial services industry.
- Matt Dubofsky joined Wilson Sonsini Goodrich & Rosati as a corporate partner in the Boulder, Colo., office. His addition bolsters the firm’s efforts to represent technology and life sciences companies in the Mountain West region and the Denver-Boulder corridor in particular. Serving at Cooley for 15 years, Dubofsky has dedicated his legal practice to providing representation for technology and healthcare companies, both public and private, throughout their entire growth journey. This includes assisting them in crucial stages such as incorporation, early-stage financing, and strategic events such as IPOs and mergers & acquisitions.
- Redwood Investment Management appointed Vincent Calvanese as the head of private market investments. His extensive experience and successful track record in private debt, real estate and private equity will contribute to Redwood’s position as an innovative and leading investment management firm, with a focus on serving financial advisors and their clients. He brings 23 years of experience, the past nine of which were specifically focused on private markets. Before joining Redwood, Calvanese worked at Griffin Capital, Transamerica, and FS Investments, where he developed and delivered wealth solutions in the private market sector.
