Key Takeaways
- • Pendlebury Hall Advisors LLC, a Seattle-based management consulting firm, announced its launch on a Thursday to provide consulting and advisory services to private capital strategy clients.
- • The firm was founded by Troy Saharic, who serves as CEO and previously was a senior director at NEPC and spent 26 years at Mercer.
- • Pendlebury Hall targets growing interest in private assets managed by midsized, small and emerging managers.
- • Services will span marketplace intelligence, distribution and capital raising, according to the firm's website.
Summary
The firm was formed in response to growing investor interest in private assets managed by midsized, small and emerging managers. According to the firm's website, it will offer consulting services across three areas: marketplace intelligence, distribution, and capital raising.
In the announcement, Saharic said public companies have long been the foundation of global economic growth and investor wealth creation. He added that while public market investing will remain a core part of portfolios, private market investing has become mainstream. He also noted that private market transactions have long dominated economic activity and that the opportunity set for institutional and private wealth investors has never been greater, with private market strategies expected to represent a growing share of their investments.
The launch comes amid broader movement among investment consultants, as several long-tenured senior figures have recently changed firms, according to related coverage on the same publication.
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