Key Takeaways
- • Miras Investments, a Middle East-based single family office founded in 1980, has appointed Matthew Lesesky as global head of private equity, reporting to chief investment officer Elizabeth Hewitt.
- • Lesesky previously spent 14 years at UNC Management Company, most recently as managing director overseeing venture capital, growth equity and buyout investments on its private investment team.
- • Miras invests mainly through commingled funds run by third-party managers, adding co-investments where appropriate.
- • Miras runs an equity-biased, endowment-style portfolio spanning public equities, hedge funds, private equity and venture capital, with its investment team split between the US and the Middle East.
Summary
The firm invests mainly through commingled funds managed by third-party managers, adding co-investments where appropriate. This approach gives the office exposure to private markets while relying on external managers for underlying selection and execution.
Lesesky joins from UNC Management Company, the Chapel Hill-based non-profit that manages endowment and long-term assets for the University of North Carolina System. He spent 14 years at the organization and was most recently managing director on its private investment team, overseeing venture capital, growth equity and buyout investments. Earlier in his career he held investment management roles at Hatteras Funds and Pacific Corporate Group Capital Partners, and was an associate in Citigroup's investment banking division and at Fusion Ventures, an early-stage venture capital fund.
Founded in 1980, Miras is structured along endowment lines, with an equity-biased portfolio spanning public equities, hedge funds, private equity and venture capital. Its investment team is split between the US and the Middle East.
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