NEW YORK, March 14, 2014 /CNW/ - Hycroft, LLC, a specialty investment bank focused exclusively on the alternative investments market, is pleased to announce that Kim M. Pedersen has joined the Firm as Managing Director. Mr. Pedersen brings to Hycroft over 17 years of private markets expertise, with strong relationships in the private equity community among both general partners and limited partners in Europe and the US.
At Hycroft Mr. Pedersen will be responsible for originating new business opportunities and marketing private equity products and services to investors located in Northern Europe and in the Western US.
Scott A. Myers, Managing Director of Hycroft, said, "We are pleased to add such an experienced and knowledgeable professional to our already talented team. Several of the Managing Directors of Hycroft, including myself, have known Kim for many years. He epitomizes the high standards of client service that Hycroft represents. We are very pleased to have him on board."
Prior to joining Hycroft, Mr. Pedersen was the founder of Arrow Point Advisors, LLC, which is a boutique advisory and placement firm focused on working with a discreet number of high quality general partners seeking to raise new capital from European-based investors. Prior to founding Arrow Point, Mr. Pedersen was a Managing Principal of the Park Hill Group, a leading global alternative asset placement agent affiliated with The Blackstone Group. Earlier in his career, he was a Partner at Nordea Private Equity and an Investment Officer at the Washington State Investment Board.
Mr. Pedersen is a Chartered Financial Analyst. He received a MA in Finance from University of Washington and Bachelor of Science in Business Administration majoring in Finance from Chapman University.
Hycroft is a specialty investment bank focused exclusively on the alternative investments market. We are dedicated to providing solutions to complex problems faced by general partners and institutional investors worldwide. The Firm provides services globally to a substantial and diverse client base, including private equity firms, hedge funds, institutional investment managers, sovereign wealth funds, corporate and public pension plans, financial institutions and high net worth individuals.
Hycroft devises strategies that enhance value for it private markets clients. Services include:
- General Partner Advisory – addressing transitional issues requiring organizational, managerial, restructuring and market making expertise
- Limited Partner Advisory – focused on proactively developing strategy, quantitative and qualitative valuations, restructurings, sales
- Capital Raising – equity and debt for funds, companies and structured vehicles
- Secondary Activities – market valuation and execution
Hycroft is led by seasoned private equity professionals who have previously worked at leading global advisory, secondary and investment banking firms, including: Bain & Co., Blackstone, Citigroup, Cogent Partners, Greenhill & Co., Merrill Lynch and Morgan Stanley. These professionals have advised and completed capital-raising mandates totaling over $100 billion, as well as advised on secondary market transactions representing over $75 billion of interests. The Firm is based in New York.
SOURCE: Hycroft, LLC
For further information:
Loren A. Boston, Managing Director, Hycroft, +1-212-739-0782, [email protected]