TMCnet News
Third Street Partners Bolsters Private Markets Talent Strategy Business with Senior AppointmentThird Street Partners, a boutique executive talent strategy firm serving the asset management and institutional investment industries, has appointed seasoned talent consultant Louis Demetro to spearhead the firm's alternative asset management practice in the U.S. This is a newly created role designed to address the growing demand for private markets search capabilities among the global asset management industry. Demetro brings extensive experience advising clients and leading capital formation, investment and leadership searches for established and emerging alternative asset management organizations and fund managers globally. Laura Pollock, Founding Partner of Third Street Partners, said, "Asset managers are diversifying their offerings across the public and private markets at a rapid pace to keep up with market and investor demand, and leaders need to recruit the best talent in these new business areas for their firms to stay competitive. "Firms with private markets teams and capabilities are winning, and every firm wants a piece of this asset class. Executive leadership and high performing teams are the heart and soul of an investment business, and Louis' expansive network and experience across the private markets industry will bring immediate value to our clients and their businesses." Founded by Pollock in 2013, Third Street Partners supports global asset managers' long-term business and growth objectives through executive search and talent advisory across investments and distribution. Today the firm, led by Pollock and Partner John orsythe, CFA, and backed by a deep bench of senior advisors, has a team of asset management professionals and highly specialized recruiters with the knowledge, experience and global network to facilitate full team lift-outs, M&A, and strategic single hires. Over the last two years the firm has increased its depth and breadth through a partnership with Paragon Search Partners, a London-based executive search and human capital advisory firm. That relationship has given Third Street Partners' clients the most comprehensive talent acquisition solutions for asset managers. Paragon Search Partners has provided Third Street Partners' clients more expansive access to alternative and private market opportunities around investments and European distribution, which is further bolstered by Demetro's deep network in the U.S. market. Together the firms have over 20 executives concentrating efforts on distribution and investment opportunities in both public and private markets, offering retained executive search and multi-hire advisory solutions, and operating across the U.S. and Europe. "The Third Street Partners team has built an incredibly special firm that brings a true understanding of the asset management business and the opportunities to drive long term success through talent strategy," said Demetro. "I'm excited to join during a pivotal moment for the asset management industry as private markets products and solutions have become a clear opportunity for long-term growth." Demetro has spent the last decade developing alternative search capabilities for both large and boutique search firms, most recently on behalf of Sheffield Haworth as a Senior Consultant in their Global Asset Management practice. He focused on distribution and investment talent acquisition for established and emerging fund managers across private equity, private debt, hedge fund and long-only asset management firms, as well as allocators globally. His career has been rooted in financial services and asset management talent strategy with prior recruiting roles at established alterative boutique search firms. About Third Street Partners Third Street Partners is a boutique executive talent strategy firm founded and led by industry leader Laura Pollock. Third Street supports clients' long-term business and growth objectives through executive search and talent strategy advisory. The firm partners with global asset managers and institutions through a senior-led, profoundly rigorous and collaborative approach to sourcing and retaining high-quality talent. Third Street Partners sources front-office roles, manages team lift-outs and acquisitions and senior-talent-related M&A activity for both firms and in-house teams. The firm is anchored by their sector-leading and proprietary research, deep relationships and industry knowledge formed over decades of experience in the asset management sector. For more information, please visit https://www.thirdstreetpartners.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240411791613/en/ |
