Key Takeaways
- • Pendlebury Hall Advisors LLC, a Seattle-based management consulting firm, launched with plans to provide consulting and advisory services to private capital strategy clients.
- • The firm was founded by Troy Saharic, who previously served as a senior director at NEPC and spent 26 years at Mercer, and who serves as the new company's CEO.
- • Pendlebury Hall is targeting midsized, small and emerging private asset managers, offering services across marketplace intelligence, distribution and capital raising.
- • Saharic argues that private market investing has become mainstream and that private market strategies will represent a growing portion of institutional and private wealth portfolios.
Summary
According to the announcement, the firm was formed in response to growing interest in private assets managed by midsized, small and emerging managers. Per the firm's website, it will offer consulting services across marketplace intelligence, distribution and capital raising.
In the announcement, Saharic framed the launch around a broader shift in capital markets. "While we expect investments in the public markets to continue to be a foundational aspect of investing, we are in the middle of significant change where private market investing has become mainstream," he said. He added that "private market transactions have always dominated economic activity, but the opportunity set for astute institutional as well as private wealth investors has never been greater," and that private market strategies "will continue to represent a growing portion of their investments."
The primary source does not disclose financial terms, client commitments, or fund figures associated with the launch.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.