Easterly Asset Management Strengthens Private Market Sales Team
Easterly Asset Management is thrilled to share the appointment of Genna Brounstein and Jennifer Cahill as Senior Vice Presidents of Private Market Sales. With their deep experience in the financial sector, both Brounstein and Cahill are poised to significantly enhance our portfolio of Alternatives Solutions, a crucial part of our private markets distribution strategy.
Expanding Alternatives Solutions
In their new positions, Brounstein and Cahill will spearhead efforts to grow and diversify the options available within Easterly’s Alternatives Solutions. This aligns with a broader strategic aim to provide investors with comprehensive alternative strategies, focusing on areas like active equity and active fixed income.
Collaborations That Fuel Success
Easterly has developed a robust portfolio of Alternatives Solutions thanks to successful collaborations with leading firms in the alternatives investment field. This includes partnerships with Harrison Street, which focuses on demographic-driven investments in sectors such as healthcare and student housing. Other notable partners are Lateral Investment Management, known for transformative buyouts in the middle market, and Easterly Clear Ocean, a firm dedicated to addressing opportunities in the international shipping markets.
In-Demand Expertise
The appetite for unique and distinct alternative strategies is on the rise among private wealth investors. Darrell Crate, Founder and Managing Principal of Easterly, stressed the significance of Brounstein and Cahill’s backgrounds within the private wealth sector, indicating that their expertise will be vital as Easterly expands its curated offerings.
Introducing the New Senior VPs
Brounstein joins Easterly from Rockefeller Asset Management, where she played a key role in capital raising initiatives aimed at family offices and institutional clients. Her background also includes substantial positions at Brookfield Asset Management, showcasing her ability to extend investor reach.
Cahill brings over 20 years of fundraising experience specializing in alternative investments to her new role. Prior to joining Easterly, she co-led U.S. Capital Formation at Fasanara Capital, focusing on enhancing the firm's fundraising success. She has also held the position of Managing Director at Investcorp, where she gained significant exposure to alternative funds and investment strategies.
Dedication to Private Markets
Phil Juliano, Jr., Head of Sales at Easterly, highlighted that these appointments reflect the firm's commitment to the private markets space. With their outstanding track records, Genna and Jennifer will enhance the company’s distribution strategies, further contributing to Easterly’s growth.
In their roles, they will utilize their well-established networks of family offices, registered investment advisors (RIAs), and financial advisors to boost fundraising efforts for Alternatives Solutions.
Looking Ahead: Growth and Strategic Hiring
As part of its commitment to bolstering the private markets offering, Easterly plans to make additional strategic hires soon, aimed at supporting its growing portfolio of Alternatives Solutions.
About Easterly Asset Management
Founded in 2019, Easterly Asset Management is dedicated to providing investment solutions for both private wealth and institutional investors. With a focus on alternatives, active equity, and active fixed income, Easterly collaborates with experienced investment teams to create value for clients. As of March 31, 2024, the firm and its Strategic Partners manage assets exceeding $60 billion, showcasing its commitment to quality and growth.
Frequently Asked Questions
Who are Genna Brounstein and Jennifer Cahill?
Genna Brounstein and Jennifer Cahill have recently been appointed as Senior Vice Presidents of Private Market Sales at Easterly Asset Management, bringing a wealth of experience from their previous roles in the financial industry.
What will Brounstein and Cahill do at Easterly?
The two will concentrate on expanding and diversifying Easterly's portfolio of Alternatives Solutions by leveraging their extensive networks to lead fundraising initiatives.
What is the focus of Easterly Asset Management?
Easterly aims to provide private wealth and institutional investors with unique solutions in the realm of alternatives, active equity, and active fixed income.
Why are Alternatives Solutions important?
Alternatives Solutions are becoming increasingly appealing to private wealth investors seeking diverse investment strategies, especially amid today's changing economic landscape.
How does Easterly support investment managers?
Easterly offers high-performing managers the necessary resources, operational support, and risk management tools to help them succeed, thereby enhancing their ability to deliver value to their investors.
