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.
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