Ex-NHL player plans to create talent pipeline into business development

“We have great connectivity,” said Jeff Brubaker, describing ex-professional athletes such as himself. “That’s a form of capital when you think about it.”

Indeed, Brubaker, who played left wing for the New York Rangers and other NHL teams for most of the 1980s, parlayed the popularity of his sport and his own considerable talents into a career as an investment banker. His firm, Players Capital Group, employs more than two dozen former pro athletes working in half a dozen cities.

Continue reading “Ex-NHL player plans to create talent pipeline into business development”

Ex-McNally Capital executive launches new firm

Fundraising expert Beth Rahn, the former principal and head of family capital at McNally Capital and an advocate for women in private equity, has started a new firm.

Rahn launched New Era Advisors as managing partner earlier this year, according to her LinkedIn profile.  Her profile describes her fundraising, investor relations and business development skills, as well as her advocacy of “gender equity through capital allocation.”

Continue reading “Ex-McNally Capital executive launches new firm”

Sports investor Otro Capital hires PJT Park Hill to raise debut fund

Otro Capital, launched last year by former executives at RedBird Capital Partners, has hired placement agent PJT Park Hill to raise its debut fund.

News of the hiring comes in regulatory forms for Otro Capital Fund I-A LP and a related fund filed by the 11-year-old, New York City-based sports, media, gaming and entertainment investor.

Continue reading “Sports investor Otro Capital hires PJT Park Hill to raise debut fund”

Industry veteran launches advisory firm for emerging managers, LPs

Kelly DePonte, who spent more than 31 years in private equity as a limited partner, as an advisor to LPs and as a placement agent, has opened up his own advisory firm to work with both GPs and LPs.

DePonte (pictured) launched Bennington, Vermont-based Kelly DePonte Advisory LLC after retiring late last month as managing director and head of research at San Francisco-based placement agency Probitas Partners. He remains a senior advisor with the firm.

Continue reading “Industry veteran launches advisory firm for emerging managers, LPs”

Big Moves: Kentucky PPA, Missouri LAGERS, CalPERS

The following Big Move! items appeared in the April 5 free edition of Private Equity Career News:

Ryan Barrow is tapped to serve as the next executive director of the Kentucky Public Pensions Authority. Barrow, according to his Linkedin profile, most recently served as executive director of the state’s office of financial management. He starts July 1.

Continue reading “Big Moves: Kentucky PPA, Missouri LAGERS, CalPERS”

Get your FREE compensation benchmarking report

You know how valuable it is to have clear, accurate compensation data.

In fact, you’d spend close to $4,000 for a copy of the annual compensation study that I oversaw a few years ago as executive editor of Buyouts Magazine.

Now that I have my own publishing company, I’m determined to make great compensation data affordable—especially for those who share their own data on a confidential basis.

All professionals who work at PE firms, independent sponsors or PE money managers (such as funds of funds) are eligible to participate. Just complete our 10-minute survey and you will receive a full copy of the study when it’s published later this year.

Continue reading “Get your FREE compensation benchmarking report”

Texas Municipal’s new CIO touts four private market openings

The Texas Municipal Retirement System’s new chief investment officer is promoting a batch of private equity and private credit positions at the pension. That includes a head of private markets spot open since last fall and whose compensation package appears to have grown sweeter.

Continue reading “Texas Municipal’s new CIO touts four private market openings”

Johns Hopkins University seeks managing director for private markets: Updated

Update: Shortly after this story was posted, Johns Hopkins University updated the job posting for the managing director-private markets position to say it was “on-hold, has been canceled or has been filled.”

Johns Hopkins University has launched a search for a managing director to help set and execute on private markets strategy for the $8 billion endowment manager.

“This is a significant opportunity to further build out a private equity program in a broader portfolio with ample liquidity and a goal to materially increase private equity exposure, and the buyout exposure specifically,” stated a position description from executive search firm David Barrett Partners.

Continue reading “Johns Hopkins University seeks managing director for private markets: Updated”

Big Moves: Audax Private Debt, Housatonic Partners, Brown Gibbons Lang

The following Big Move! items appeared in the March 29 edition of Private Equity Career News:

Brian Dwyer joins Boston-based Audax Private Debt as managing director-investor relations, according to his Linkedin profile. Dwyer most recently served as senior vice president-institutional marketing at The TCW Group.

Continue reading “Big Moves: Audax Private Debt, Housatonic Partners, Brown Gibbons Lang”

Hiring outlook mixed as we review our favorite career sites

Following several years of go-go recruiting, chinks are beginning to show in the PE hiring market’s armor.

While hiring remains active it is slower than last year, Laurie Thompson, founder and executive recruiter of fundraising and investor relations specialist Willow Hill Advisors, told Private Equity Career News. Thompson’s survey of 95 hiring managers last fall found about 13 percent of respondents expecting to actively recruit in 2024. That was down from about 27 percent in 2023.

Continue reading “Hiring outlook mixed as we review our favorite career sites”