Commerce Street Taps Highland Capital Vet As MD

Nov 30 2011 | 10:45am ET

Dallas-based private equity and credit specialist Commerce Street Investment Advisor has hired Richard C. Jakob as a managing director.

In his new post, Jakob will work with his former Highland Capital Management colleague Kurt Plumer, who joined CSIA earlier this year.

Jakob comes to CSIA from Cedarview Capital Management, a registered investment advisor of below-investment grade assets, where he’d served as chief marketing officer. Prior to joining Cedarview, he was a managing director at NewOak Capital in New York.

“Rich brings client relations experience that will be of great benefit to our firm,” said Dory A. Wiley, managing partner of Commerce Street Holdings. “This hire reflects our continuing commitment to further develop our asset management platform, and we are pleased to have him join us to continue the expansion of our business.”
 


In Depth

Q&A: TCA Fund Management's Bob Press on Small-Cap Private Equity

Aug 25 2016 | 8:55pm ET

The emergence of private credit as a replacement for traditional bank financing...

Lifestyle

Kiawah: Island Reversal

Aug 24 2016 | 9:59pm ET

Looking for real estate investments but the typical real estate fare isn’t cutting...

Guest Contributor

Old Hill Partners: Embrace Illiquidity

Aug 9 2016 | 2:39pm ET

The age-old financial concept that higher yields are the result of higher risk and...