Veteran fundraiser Mark Bourgeois has joined Atlantic-Pacific Capital, the world’s largest independently-owned placement agent, as CEO and president.
Bourgeois joins the firm from Credit Suisse on the back of 25 years’ experience in alternative investments.
His most recent role was CEO of the Americas for Credit Suisse’s Asset Management group, before which he spent three years as global head of distribution for the same arm.
He joined Credit Suisse from Lehman Brothers, where he was also global head of distribution in the asset management business, and previously spent ten years at UBS Private Funds Group, which raised $150bn over 90 funds.
APC said that in total Bourgeois had led more than $250bn of fundraising in his career across private equity, hedge funds, infrastructure, real assets and non-investment grade credit.
He said, “I am delighted to be joining the Atlantic-Pacific partnership to service GP and LP clients from a global and independent platform.
“I have known senior members of the team for over eight years and have been especially impressed with the many successful fundraises they completed over the last few challenging capital raising years.
“Given the significant economic dislocations around the world, financial sponsors and investors are seeking differentiated funding and liquidity solutions, respectively.
“I look forward to helping address these types of issues through collaborative and thoughtful partnerships.”
APC chairman James Manley said, “Mark’s distinguished track record of building relationships and providing solutions within the alternative marketplace will further differentiate our unique business model.
“We are excited to welcome Mark aboard.”
APC has helped raise more than $50bn for alternative asset managers across 70 individual fundraises since 1995.
In May it helped mid-market private equity firm Riverside Partners close its fifth fund on $561m, hitting its hard cap in just six months.
The mid-market investor, which specialises in the healthcare and technology sectors, was hoping to hit $500m for the fund – double the target of its last investment vehicle raised in 2009.
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