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

Advisor AI use hits 80%, but client time still falls short
Advisor AI use hits 80%, but client time still falls short

Morningstar advisor survey finds admin work, rising client demands are offsetting efficiency gains from greater technology adoption.

Advisor moves: Merrill nabs Morgan Stanley, Wells Fargo teams overseeing $770M
Advisor moves: Merrill nabs Morgan Stanley, Wells Fargo teams overseeing $770M

Raymond James, UBS and Prime Capital Financial also announced additions as advisor recruiting stays brisk across wirehouse and independent channels

Prediction markets get a new twist: betting on what's already happened
Prediction markets get a new twist: betting on what's already happened

A new platform turns disputed facts into tradable markets, flipping the prediction market model on its head.

Merrill to pay $39 million in cash sweep settlement
Merrill to pay $39 million in cash sweep settlement

The financial advice industry has been facing inquiries into its cash sweep programs for years now.

SEC accuses fund advisor of defrauding SpaceX, OpenAI investors
SEC accuses fund advisor of defrauding SpaceX, OpenAI investors

Investor money allegedly went to strip clubs, exotic cars, and landscaping

SPONSORED In the Age of AI, Trust Becomes the Advisor's Greatest Asset

As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains