A pioneer in developing the now-ubiquitous role of deal originator, and a high-profile advocate for private equity on Capitol Hill, Gretchen Perkins has joined start-up buyout shop Avance Investment Management to source both platform and add-on investments from her office in Miami.
Perkins spent the last 12 and a half years at Detroit-based buyout shop Huron Capital, a lower-middle-market firm with more than $1.8 billion in committed capital across six funds. As partner Perkins led deal sourcing for the firm and, in recent years, also built relationships with limited partners.
In an industry that has seen too few women launch their own firms, Kerstin Dittmar last week shared insights into her decision to start San Francisco-based private investment firm L2 Point.
Dittmar (pictured) said that during the first 12 years of her career she “took the less risky approach” of working for other firms. She spent nearly nine of those at TPG Sixth Street Partners, where she and her team worked on special situations and structured finance deals across a range of industries. She left in late 2018.