Wednesday, 1 April 2015
Last updated 33 min ago
May 16 2011 | 1:11pm ET
New York-based alternative investment specialist Spring Mountain Capital has hired Avi Faliks and Jamie Weston as managing directors in its private equity business.
The two will partner with Raymond Wong, managing director and head of private equity to further extend SMC’s capabilities in sourcing, selecting and managing its private equity investments.
“We are seeing a growing number of compelling investment opportunities in private equity, and the addition of Avi and Jamie demonstrates our increased commitment to this area of our business,” said Gregory Ho, Spring Mountain Capital president.
Faliks comes to Spring Mountain from Vertex Capital Management, a firm he founded and which focused on distressed consumer companies. Prior to this, Faliks was co-founder and managing director of the Greater China-focused hedge fund Apex Capital Management, and before that he was CEO of AccuImage Diagnostic. Faliks began his investment career in Bear Stearns’ strategic structures and transactions group.
Mr. Weston was previously a partner at the Wicks Group, a private equity firm with close to $1 billion under management, focused on selected segments of the information, education and media industries. Prior to Wicks, Mr. Weston worked at both IBJ Whitehall Bank & Trust Company and National Westminster Bancorp where he completed leveraged financings.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…