Atlantic-Pacific Capital Taps Elkhatib, Gurley For Key Roles

Jan 26 2017 | 10:00pm ET

Atlantic-Pacific Capital has named former Credit Suisse executive Raed Elkhatib as partner and CEO, and brought former Fortress director Hank Gurley aboard as principal.

Elkhatib succeeds Mark Bourgeois, who left in November 2016 to lead North American operations for emerging-market private equity specialist Abraaj Group. 

In his new role, Elkhatib will focus on origination for Atlantic-Pacific and will be a full voting member of the partnership group which has overseen day-to-day operations and strategic direction of the firm since 2009, the company said in a statement.  

He joins the firm after spending eleven years in the private fund group at Credit Suisse, where he was a managing director responsible for leading the due diligence and origination efforts for Credit Suisse’s private equity fundraising team. Beforehand, he was a director in PricewaterhouseCoopers’ Transaction Services practice worked in the Assurance group of Deloitte & Touche.

Elkhatib’s appointment was previously announced last October, but became effective this month. 

Gurley, meanwhile, joins Atlantic-Pacific to lead the firm’s product distribution in the Southeast region of the U.S. He previously spent five years at Fortress Group, where he served as director with responsibilities including Southeastern institutional investor coverage. Beforehand, he was an associate director with Harbert Management Corporation, where he raised institutional capital for the firm’s alternative investment funds.

“Raed’s extensive global network of private fund sponsors and experience evaluating their respective offerings will heighten our ability to bring compelling, differentiated investment opportunities to market, while Hank will enhance our coverage in the Southeast from our new Atlanta office,” said Anthony Bossone, partner at Atlantic-Pacific, in the statement. “We are thrilled to welcome these highly respected professionals to the Atlantic-Pacific team.”

Founded in 1995, Atlantic-Pacific Capital is one of the largest independent placement and advisory firms dedicated to alternative investments. The firm has executed more than 80 capital raising assignments aggregating over $60 billion for private equity, real estate, real assets, natural resources, and infrastructure fund placements since inception. 

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