Karl Schade, Former CEO of $4 billion Presidio Group, Joins Star Mountain as Senior Partner

Karl Schade has a distinguished 20 year history of private equity and alternative asset management experience

NEW YORK, NY, USA, October 11, 2016 / — Star Mountain Capital, LLC (“Star Mountain”), a specialized alternative asset manager focused exclusively on the U.S. lower middle-market, is pleased to announce that Karl Schade has joined as a Senior Partner. 

Mr. Schade has a distinguished 20 year history of private equity and alternative asset management experience, most recently as the CEO of The Presidio Group, a registered investment advisor with over $4 billion in assets under advisement. 

Prior to The Presidio Group, Mr. Schade was a private equity investment professional at leading alternative investment firms such as The Blackstone Group, Blum Capital Partners, and Silver Lake Partners. Mr. Schade has an MBA from Harvard Business School and a BA from Claremont McKenna College.

The Presidio Group focused on wealth management for high net worth individuals, family offices and institutions including endowments and foundations. In addition to his role as CEO, Mr. Schade launched a lower middle-market focused private equity investment business and served on several portfolio company boards.

“Karl brings a wealth of complementary experience and relationships to Star Mountain having run operating companies, financial institutions and being a highly regarded direct private equity investment professional. He will deepen our team’s investment, asset management and firm development skills. Karl’s addition will also strengthen our nationwide origination platform by opening a San Francisco office,” said Brett Hickey, Star Mountain’s Founder & CEO. 

“After closing our first direct investment together with Star Mountain, I was able to see the truly differentiated business they have built and I am excited to join such a committed, experienced and aligned group of investment professionals” said Karl Schade. “Star Mountain’s specialized platform provides unique insight and opportunities in the less efficient lower middle-market where I believe some of the best investment opportunities exist.”

About Star Mountain Capital:
http://www.StarMountainCapital.com/
https://www.linkedin.com/company/star-mountain-capital-llc/
https://twitter.com/StarMountainCap
https://www.facebook.com/StarMountainCapital/

Investing in the Growth Engine of America ® – Star Mountain, founded by Brett Hickey in 2010, is a specialized lower middle-market asset management firm. It has a differentiated business model and “Collaborative Ecosystem” including its three channel approach to investing into small and medium-sized businesses via Direct Investments, Primary Fund Investments and Secondary Fund Investments.

Star Mountain Charitable Foundation is a New York not-for-profit 501(c)3 focusing its charitable activities on improving lives via Health & Wellness (including cancer research), Education & Career Development, and Economic Development / Job Creation.

Contacts

Star Mountain Capital, LLC
media@starmountaincapital.com

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