Endowment Capital Group, a US-based investment advisor catering to university endowments, foundations, and other institutional investors, has appointed Pam Strisofsky as COO and managing director.
Prior to joining Endowment Capital, Strisofsky was a managing director and CFO of early stage venture capital firm TL Ventures.
She joined TL in 1997, and during her tenure there, she assisted in raising more than $1.1bn of capital and oversaw the investment of more than $1.3bn in early-stage companies.
She was also active in various private equity industry groups and standards setting bodies including the National Venture Capital Association (NVCA) and the Financial Accounting Standards Board (FASB) that lobbied for regulatory, tax, and general accounting.
While at TL she also provided accounting, financial, and strategic support to several funds and companies, including, Safeguard International Fund, Eastern Technology Council, Guardian Capital Partners, and Internet Capital Group.
“We are excited about the depth that Pam’s experience brings to the team, and as such are increasingly confident that we can continue to provide exceptional focus on both the operational and investment fronts during this time of increasing regulatory demands and complexity,” said Philip Timon, Endowment Capital’s founder and CIO.
“I believe the portfolio is at a unique inflection point and the firm is positioned for growth, which makes this the ideal time to recruit the strongest operational leader available who can help us now and as we expand.”
Endowment Capital manages a long-biased portfolio of North-American small-cap, public companies acquired at a time when the companies are facing temporary headwinds and, consequently, are experiencing depressed stock prices.
The firm uses intensive proprietary research to make investment decisions, both long and short, in stocks that can often be over looked by shorter-term oriented investors.
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