Senior, junior jobs open at Star Mountain Capital

Fast-growing Star Mountain Capital has opened a search for a West Coast-based managing director for direct lending, as well as for four junior professionals and an executive assistant to the CEO to be located in the firm’s new Tampa office.

The New York City-based lender and secondaries investor recently has seen its payroll grow from some 65 full-time employees in early 2023 to more than 90, while its assets under management have topped $4 billion. The firm also has about 40 senior advisors and operating partners, as well as about 30 interns, for a total of about 160 people.

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Gemspring, Peak Rock show why CalPERS loves emerging managers

Emerging managers have generated tremendous profits for California Public Employees’ Retirement System, amply justifying the pension fund’s recent faith in them, an analysis by Private Equity Career News shows.

An analysis of 54 PE emerging managers backed from roughly 2007 to 2018 on behalf of the $504 billion pension fund by money manager GCM Grosvenor shows they generated a median net IRR of 14.5 percent as of September 30. All told, GCM Grosvenor committed $895 million to the bunch.

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More plum PE jobs open at public pension funds

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