Easterly Asset Management hires private market sales leaders

Easterly Asset Management hires private market sales leaders
Duo will drive growth and diversification of firm’s alternatives solutions offering.
SEP 12, 2024

Easterly Asset Management is aiming for growth and diversification for its alternatives solutions offering with its private markets distribution team.

The firm says that demand for differentiated alternative strategies continues to grow among private wealth investors and it has announced two new hires - Genna Brounstein and Jennifer Cahill – in the newly created roles of senior vice presidents of Private Market Sales.

“Genna and Jennifer’s established track records and deep roots in the private wealth community will serve as valuable assets as we continue to expand access to Easterly’s curated portfolio of Alternatives Solutions to new investors,” said Darrell Crate, founder and managing principal of Easterly.

Brounstein was previously senior vice president and client relationship manager at Rockefeller Asset Management and prior to that was a vice president and client relationship manager within Brookfield Asset Management’s Private Funds Group and held various roles over a nine-year period at Bank of America Merrill Lynch.

Cahill was previously co-head of US Capital Formation at Fasanara Capital, and her career includes serving as managing director at Investcorp and Harbert Management Corporation and various leadership roles at other global asset managers including, Atlantic Investment Management, Protégé Partners, and Pequot Capital Management. 

“Today’s appointments underscore our continued commitment to the private markets space,” said Phil Juliano, Jr., head of sales at Easterly, who joined earlier this year from BlackRock iShares.  “Genna and Jennifer’s experience as high-performing sales executives will bolster our distribution strategy for Easterly’s private market offerings and enhance the firm’s growth trajectory.”

Easterly’s strategic partnerships to grow its expanding range of alternatives solutions include global real assets focused investment firm Harrison Street, private equity firm Lateral Investment Management, and Easterly Clear Ocean, formed to capitalize on imbalances and dislocations in the international shipping markets.

Further strategic appointments are expected in the near future.

Latest News

More Americans are invested in the elections than the stock market
More Americans are invested in the elections than the stock market

A substantial number of people in a new 2,200-person survey believe their wealth, their "wallet power" and their retirement timelines are at stake.

Stocks rally to fresh highs as JPMorgan drives bank gains
Stocks rally to fresh highs as JPMorgan drives bank gains

The S&P 500 headed toward its 45th record in the year helped in part by a surprise interest income gain at the Wall Street giant.

Boosting payouts on cash crimps wealth management at Wells Fargo
Boosting payouts on cash crimps wealth management at Wells Fargo

Meanwhile, Wells Fargo’s WIM group reported close to $2.3 trillion at the end of last month.

Another AI-washing case shows where SEC is headed
Another AI-washing case shows where SEC is headed

The Securities and Exchange Commission has focused on "black-and-white" allegations of AI washing, but that could broaden out to a gray area that may loop in more financial services companies, a lawyer says.

High-net-worth giving splits along generational and gender lines, find BofA survey
High-net-worth giving splits along generational and gender lines, find BofA survey

More than nine in 10 HNWIs prioritize charitable giving, but demographics help shape the whys and the hows.

SPONSORED Destiny Wealth Partners: RIA Team of the Year shares keys to success

Discover the award-winning strategies behind Destiny Wealth Partners' client-centric approach.

SPONSORED Explore four opportunities to elevate advisor-client relationships

Morningstar’s Joe Agostinelli highlights strategies for advisors to deepen client engagement and drive success