Castle Hill Capital Partners Taps McInerney To Lead Private Placement Effort

Jun 21 2017 | 8:00pm ET

Institutional brokerage boutique Castle Hill Capital Partners has named healthcare industry veteran Tim McInerney as a managing director and head of the company’s nascent efforts in raising capital for companies via private placements.

McInerney will be based in New York, according to the company, and will initially focus on opportunities in the healthcare industry, according to a statement.

He brings more than 30 years of experience as a pharmaceutical executive and healthcare investment banker and analyst to his new role, with positions in industry and a number of Wall Street firms. Following stints at Bristol, Myers Squibb, Bear Stearns, Shearson Lehman Brothers and Ladenburg Thalmann, McInerney oversaw the overall distribution of Paramount Capital's private equity product and was directly responsible for over $1 billion in capital raised for both startups and private placement investments. 

“We are delighted to add Tim’s insight, expertise and deep, multi-year relationships to our firm,” said Andrew Saunders, senior managing director of Castle Hill, in the statement. “Tim is a personal investor in many companies and has a track record of success. More and more we hear from our single-family office, endowment and foundation clients that they want to be closer to the source of return and increasingly opting for direct investments.”

“Adding Tim’s experience and successful track record building healthcare companies is an exciting next step in the evolution of our firm,” Saunders added. 

Founded in 2014, New York-based Castle Hill Capital Partners provides hedge funds with a range of brokerage, consulting, capital raising and research services anchored on the company’s proprietary “Alpha and Assets" integrated offering. The company’s clients include long/short equity, event driven, and commodity hedge funds, as well as fund investors such as foundations and family offices. 

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