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

Debunking Conventional Investment Wisdom

Feb 8 2017 | 3:22pm ET

Due diligence in the hedge fund world has long involved some combination of the...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Future of Private Equity: New Opportunities, New Challenges

Feb 3 2017 | 6:41pm ET

The private equity industry’s astonishing rebound since the financial crisis has...

 

From the current issue of