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Star Mountain Capital has appointed Bryan Johnson (pictured) as a managing director, primarily based in Los Angeles.
The $4bn (£3.1bn) personal credit score fund supervisor, which focuses on lending to US companies within the decrease center market, stated that Johnson will work with buyers on portfolio optimisation investments and potential liquidity wants by the agency’s secondaries enterprise.
Johnson has practically 20 years of experience advising on strategic funding options to wealth managers, household places of work and high-net-worth people.
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Most not too long ago, he spent 15 years working at AQR Capital Administration, previous to which he spent three years at Dimensional Fund Advisors.
“We’re dedicated to offering our buyers with the very best assets and repair doable in accessing the advantages of the much less environment friendly and huge US decrease middle-market which may embody the next money yield, tax benefits and portfolio constriction advantages of much less correlated belongings,” stated Brett Hickey, Star Mountain Capital founder and chief government. “We’re thrilled for Bryan to affix our Los Angeles workplace and add to our presence on the West Coast the place Star Mountain has quite a few essential buyers and investments.”
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Johnson stated: “I’ve been impressed by Star Mountain’s management workforce and the present consumer base of refined shoppers and buyers. I used to be additionally intrigued to find out how massive and extremely fragmented the decrease middle-market is at practically 50 per cent of the U.S. economic system.
“This presents an excellent alternative for buyers to focus on increased potential returns by both offering liquidity to those smaller, but resilient companies or by offering liquidity to different buyers by Star Mountain’s secondaries platform. Traders could profit from publicity to this fragmented phase of the market and economic system which many portfolios do not need publicity to. That is additionally a compelling and well timed alternative as a result of anticipated enhance in M&A exercise with small companies as a consequence of growing old demographics. Star Mountain has a particular origination and underwriting platform to capitalize on these alternatives.”
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