Starr Mountain

Star Mountain Capital Adds Former Head of BlackRock’s $1 Trillion U.S. Wealth Business, Frank Porcelli, as Senior Advisor

Retrieved on: 
Thursday, March 21, 2024
Finance, Banking, Accounting, Professional Services, Asset Management, Goldman Sachs, Partner (business rank), Putnam Investments, Trustee, Pace University, Strategic planning, BlackRock, Senior, Senior advisor, Starr Mountain, IShares, Morgan Stanley Wealth Management, Financial services

Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that Frank Porcelli has joined as Senior Advisor.

Key Points: 
  • Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that Frank Porcelli has joined as Senior Advisor.
  • View the full release here: https://www.businesswire.com/news/home/20240320564063/en/
    Star Mountain adds new Senior Advisor, Frank Porcelli (Photo: Business Wire)
    Frank Porcelli has had a distinguished 30+ year career in asset management and wealth management.
  • Wealth Business and was a member of their Operating Committee and helped that division grow assets under management from $250 billion to $1 trillion.
  • “We are honored to have Frank join Star Mountain as an aligned Senior Advisor bringing extensive strategic leadership, business management and client service experience,” said Brett Hickey , Star Mountain Capital Founder & CEO.

Star Mountain Capital Bolsters its Secondaries and Client Services Team Adding Warren DeKinder as a Managing Director Based in Dallas

Retrieved on: 
Thursday, February 22, 2024
Asset Management, Professional Services, Finance, Janus, Philosophy, Senior, ING Group, Research, Janus Henderson, University of Oklahoma, Star, AUM, NN Group, CFA Institute, CFA, Consultant, Starr Mountain, University, FINRA, Intech, RIAS, Financial adviser

Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that Warren DeKinder has joined as a Managing Director based in Star Mountain’s Dallas office, one of its team’s 20+ locations nationwide.

Key Points: 
  • Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that Warren DeKinder has joined as a Managing Director based in Star Mountain’s Dallas office, one of its team’s 20+ locations nationwide.
  • View the full release here: https://www.businesswire.com/news/home/20240222525972/en/
    Star Mountain Capital Managing Director, Warren DeKinder, CFA (Photo: Business Wire)
    Warren DeKinder has 30+ years of leadership experience advising and recommending strategic investment solutions to some of the world’s largest and most sophisticated institutions and private clients.
  • “We are excited for Warren to join other Dallas based senior team members Managing Director Chris Goodwin and Senior Advisors Rob Kaplan and Tom Tull .
  • Mr. DeKinder is a Chartered Financial Analyst (CFA) and is a member of the CFA Institute, as well as the Dallas Society of Financial Analysts.

Star Mountain Capital Adds Former Dallas Fed CEO, Goldman Sachs Vice Chairman, Robert Kaplan, as Senior Advisor

Retrieved on: 
Tuesday, February 13, 2024
Asset Management, Professional Services, Finance, Federal Reserve Bank, Advisory board, Senior, Baker Institute, Draper Richards Kaplan Foundation, Professor, Project, Friends, Star, Ford Foundation, Advisory Council, State Street Corporation, Senior advisor, Trustee, Harvard University endowment, Interim, Starr Mountain, Investment banking, Goldman Sachs, Harvard Medical School, Project ALS, Harvard Business School, Book, Management

Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that Robert Kaplan has joined as Senior Advisor.

Key Points: 
  • Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that Robert Kaplan has joined as Senior Advisor.
  • View the full release here: https://www.businesswire.com/news/home/20240213968210/en/
    Robert S. Kaplan, Star Mountain Capital Senior Advisor (Photo: Business Wire)
    Robert Kaplan has over 40 years of investment management, business management, monetary policy, investment banking, and leadership experience.
  • His previous positions include CEO and President of the Federal Reserve Bank of Dallas, Vice Chairman of Investment Banking and Investment Management Divisions of Goldman Sachs, and Professor and Senior Associate Dean of Harvard Business School.
  • “We are honored to have Rob join Star Mountain as an aligned Senior Advisor bringing extensive investment, strategic leadership, business management and governance experience,” said Brett Hickey , Star Mountain Capital Founder & CEO.

Star Mountain Named One of Crain’s New York Business 2023 Best Places to Work for the 5th Year in a Row

Retrieved on: 
Wednesday, February 7, 2024
Human Resources, Finance, Public Relations, Investor Relations, Asset Management, Banking, Communications, Small Business, Professional Services, Multimedia, Economic development, Starr Mountain, Investment, Culture, Health

Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that for the fifth year in a row it has been named one of the Best Places to Work by Crain’s New York Business for the year 2023.

Key Points: 
  • Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that for the fifth year in a row it has been named one of the Best Places to Work by Crain’s New York Business for the year 2023.
  • With approximately $4 billion in assets under management, alignment of interest is a core value of Star Mountain, including being 100% employee-owned and sharing investment profits with 100% of its U.S.-based full-time team.
  • Star Mountain is a purpose-built business with one of the largest teams focused on investing in established, profitable, small and medium-sized private North American businesses (the “lower middle-market”).
  • Additionally, the Star Mountain Charitable Foundation enables our team to give back to community in the form of supporting job creation, economic development and health & wellness.”

Star Mountain Recognized as One of GrowthCap’s Top Private Debt Firms of 2023

Retrieved on: 
Thursday, January 25, 2024
Banking, Accounting, Professional Services, Business, Small Business, Asset Management, Public Relations, Investor Relations, Other Professional Services, Insurance, Communications, Human Resources, Finance, Consulting, Multimedia, Starr Mountain

Star Mountain Capital, LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce it has been named one of the Top Private Debt Firms by GrowthCap for the year 2023.

Key Points: 
  • Star Mountain Capital, LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce it has been named one of the Top Private Debt Firms by GrowthCap for the year 2023.
  • With approximately $4 billion in assets under management, alignment of interest is a core value of Star Mountain, including being 100% employee-owned and sharing investment profits with 100% of its U.S.-based full-time team.
  • Star Mountain is a purpose-built business with one of the largest teams focused on investing in established, profitable, small and medium-sized private North American businesses (the “lower middle-market”).
  • View the full release here: https://www.businesswire.com/news/home/20240125098578/en/
    Star Mountain Capital Team (Photo: Business Wire)
    “We are honored to be recognized as one of GrowthCap’s Top Private Debt Firms for 2023.

Star Mountain Capital Bolsters Secondaries Team Adding Former $500+ Billion in Assets Truist Bank’s Head of Private Capital Manager Research, Ravi Ugale, as a Managing Director

Retrieved on: 
Tuesday, January 23, 2024
Finance, Consulting, Banking, Professional Services, Asset Management, Specialization, SunTrust Banks, Florida Atlantic University, Atlantic University, Starr Mountain, International business, Institutional Limited Partners Association, YPO, Partner, Truist Financial, Knowledge, Savitribai Phule Pune University, Marquette University, BB&T, IBM, Computer science, Investment, Xerox, Information technology, Organization, Electricity, Family, Research, Engineering, Crossbow, ILPA, Education, TFC, Star

View the full release here: https://www.businesswire.com/news/home/20240123124540/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240123124540/en/
    Ravi Ugale, Star Mountain Capital Managing Director (Photo: Business Wire)
    Ravi Ugale has over 30 years of private capital fund and direct investment experience, business operations, governance, and leadership experience.
  • His alternatives investment experience includes private credit, secondaries, private equity, venture capital and real assets.
  • “With over 10 years of success in private credit and private equity secondaries, and with growing opportunities in these asset classes, we’re thrilled to welcome Ravi to join our team.” said Brett Hickey , Star Mountain Capital Founder & CEO.
  • In addition, he oversaw selection and coverage of illiquid and semi-liquid long dated assets within private equity, private credit, private real estate, and private real assets.

Star Mountain Capital Celebrates New Tampa Office with Ribbon Cutting Ceremony Officiated by Mayor Jane Castor

Retrieved on: 
Thursday, December 21, 2023
Asset Management, Professional Services, Finance, Star, Human, Starr Mountain, Nonprofit organization, Multimedia

Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce it has officially opened its Tampa office.

Key Points: 
  • Star Mountain Capital , LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce it has officially opened its Tampa office.
  • Star Mountain is a purpose-built business with one of the largest teams focused on investing in established, profitable, small, and medium-sized private North American businesses (the “lower middle-market”).
  • View the full release here: https://www.businesswire.com/news/home/20231221051358/en/
    “We found Tampa to be one of the best places to build businesses, livelihoods, and careers in America.
  • With great pride and on behalf of our community, welcome Star Mountain to the greatest city in the nation.”

For the 5th Year in a Row Star Mountain Capital Named One of Pensions & Investments Best Places to Work in Money Management

Retrieved on: 
Tuesday, December 19, 2023
Asset Management, Professional Services, Finance, Investment, Pension, Culture, Starr Mountain, Multimedia

With over $3.8 billion in assets under management, alignment of interest is a core value of Star Mountain, including being 100% employee-owned and sharing investment profits with 100% of its U.S.-based full-time team.

Key Points: 
  • With over $3.8 billion in assets under management, alignment of interest is a core value of Star Mountain, including being 100% employee-owned and sharing investment profits with 100% of its U.S.-based full-time team.
  • Star Mountain is a purpose-built business with one of the largest teams focused on investing in established, profitable, small and medium-sized private North American businesses (the “lower middle-market”).
  • This has helped attract and develop a highly focused, talented and committed team of over 85 professionals in multiple offices nationwide,” says Star Mountain Capital Founder & CEO, Brett Hickey .
  • Our alignment and specialized platform allow us to bring distinctive value to our portfolio investments and our investors.

Star Mountain Closes $1.2 Billion Direct Lending Fund IV Above Target

Retrieved on: 
Monday, November 27, 2023
Finance, Consulting, Public Relations, Investor Relations, Banking, Accounting, Communications, Professional Services, Asset Management, Other Professional Services, Star, Fund, Insurance, BDC, City, SBIC, Ageing, Partnership, Starr Mountain, RIA, Security (finance)

As a result of the current market opportunity and Star Mountain’s robust platform, Fund IV is over 90% deployed.

Key Points: 
  • As a result of the current market opportunity and Star Mountain’s robust platform, Fund IV is over 90% deployed.
  • Fund IV has achieved its target diversification of approximately 50 portfolio companies.
  • Star Mountain believes it can continue to generate above market cash yields with tax-advantaged equity upside giving investors diversified access to this large and fragmented marketplace.
  • Its private equity-style, value-added lending approach aims to align Star Mountain with its borrowers to help them become “middle-market ready,” increasing enterprise value at exit while also helping optimize capital protection.

Star Mountain Capital adds former Carlyle Vice Chairman of Global Buyout & Operating Committee Member, Gregory Summe, as Senior Advisor

Retrieved on: 
Tuesday, November 14, 2023
Professional Services, Finance, Vice, NYSE, STT, Engineering, Honeywell, University, EG&G, Professional Football Compensation Committee, Commercial Motor, Investment, Semiconductor industry, Multimedia, NXPI, Partner, PerkinElmer, Goldman Sachs, Nomination, Friends, State Street Corporation, Pella (company), The Carlyle Group, Compensated emancipation, Senior advisor, NXP Semiconductors, Goldman Sachs Capital Partners, McKinsey & Company, Starr Mountain, General Electric, PKI, AlliedSignal, Airline, Management

He has completed over 200 private equity investments as an investment committee member and has also acquired or sold more than 40 companies as a company CEO.

Key Points: 
  • He has completed over 200 private equity investments as an investment committee member and has also acquired or sold more than 40 companies as a company CEO.
  • Mr. Summe spent 5 years as Vice Chairman, Partner, and Investment Committee member of the Global Buyout group at The Carlyle Group (~$375 bn AUM).
  • Prior to Carlyle, Mr. Summe served as a Senior Advisor to Goldman Sachs Capital Partners .
  • “Greg has tremendous industry, operating and investment insights that we believe will be additive to our portfolio companies, investors and team,” said Brett Hickey , Star Mountain Capital Founder & CEO.