New private markets investment firm PeakAlts launches in US

Industry veterans from Goldman Sachs, Hightower Advisors, and H.I.G. Capital person launched a caller backstage markets concern firm, Peak Altitude Partners (PeakAlts).

Based successful New York, the caller steadfast offers curated alternate plus solutions specifically tailored for RIAs, household offices, multi-family offices, and endowments.

It presently advises connected implicit $30bn successful assets done its spouse ecosystem.

PeakAlts focuses connected providing hard-to-access investments, carrying retired institutional-grade diligence, and negotiating presumption for alternate investments.

The company’s absorption spans backstage equity, backstage credit, existent assets, esoterics, and niche co-investments.

The steadfast leverages integrated exertion to make an exclusive concern ecosystem, implicit with an automated subscription process and broad money medication and show reporting.

Before co-founding PeakAlts, Joshua Desai served astatine Goldman Sachs, astir precocious arsenic co-head of backstage recognition successful alternate superior markets.

His responsibilities included sourcing, structuring, and syndicating backstage markets vulnerability for Goldman Sachs' wealthiness absorption clients. Mr. Desai's anterior acquisition includes positions astatine Credit Suisse and Lehman Brothers.

Desai said: “We leverage our expertise to place precocious quality, hard-to-access backstage marketplace opportunities successful a mode we judge has not been disposable successful the wealthiness conception until now. We connection bespoke solutions designed to conscionable the needs of our divers lawsuit base.”

Adriana Tullman, besides a co-founder of PeakAlts, antecedently held enactment roles astatine Manna Tree and Sound Ventures.

Her extended inheritance includes astir a decennary astatine Hightower Advisors, a nationalist RIA with implicit $160bn successful AUM, wherever she spearheaded marketing, strategy, and advisor development.

Richard Boghosian, different co-founder, brings to PeakAlts his acquisition arsenic a elder backstage equity capitalist astatine H.I.G. Capital and Cohere Capital. His vocation began astatine State Street Bank and included a stint successful concern banking astatine BB&T Capital Markets.

Boghosian said: “With the extremity of maximising nett risk-adjusted returns for our clients, we are dedicated to identifying top-performing assets crossed the full alternate concern spectrum.”

"New backstage markets concern steadfast PeakAlts launches successful US" was primitively created and published by Private Banker International, a GlobalData owned brand.

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