Sunday, 28 August 2016
Last updated 1 day ago
Jul 9 2012 | 9:58am ET
New York-based private equity firm Lightyear Capital has appointed Jerry W. Miller, former president and CEO of Van Kampen Investments, as senior advisor on behalf of its affiliated funds.
Prior to Van Kampen, Miller was a division director for Morgan Stanley’s Global Wealth Management Group and a member of its executive and operating committees. Before that, Miller spent 21 years at Merrill Lynch in various senior positions in both the investment and wealth management businesses.
“Jerry’s executive management experience and insights into the asset and wealth management sectors will add to the development of new investment opportunities as well as enhance our operational capabilities,” said Donald B. Marron, chairman of Lightyear Capital.
Lightyear has two current portfolio companies in the asset and wealth management sectors: Cetera Financial Group, a broker-dealer with 7,000 clients and Clarion Partners, a commercial real estate specialist managing over $24 billion worth of properties.