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READ MOREAnne Yang, Former Managing Director & Member of the Executive Office at Goldman Sachs, Joins Star Mountain as a Partner & Strategic Portfolio Manager
As reported by Bloomberg
As reported by BusinessWire
Anne Yang, former Managing Director & Member of the Executive Office at Goldman Sachs and longtime Investor & Senior Advisor of Star Mountain, has expanded her role to become a Star Mountain Partner & Strategic Portfolio Manager
NEW YORK – July 9, 2020 – Star Mountain Capital, LLC (“Star Mountain”), an investment manager focused exclusively on the large and underserved U.S. lower middle-market, is pleased to announce that Anne Yang has expanded her role from Senior Advisor to Partner & Strategic Portfolio Manager. With decades of strategic advisory experience to leading corporations and asset managers including Blackstone, Ms. Yang brings substantial strategic value to Star Mountain’s portfolio companies to add value and help protect capital in an aligned manner with Star Mountain’s portfolio companies and investors.
“We are delighted to have one of our longtime strategic investors and senior advisors to expand her role and become a partner with us,” said Brett Hickey, Star Mountain Capital Founder & CEO. “Anne has extensive advisory and investment experience from a career at some of Wall Street’s leading asset management and investment banking institutions. She will help us provide additional large market expertise to the established small and medium-sized private businesses we invest in.”
“As a personal investor and Senior Advisor for nearly a decade, I have watched Star Mountain grow into a distinguished and differentiated investment firm. Star Mountain’s specialized focus on private small and medium-sized businesses, where there are a lot of barriers to entry, has enabled it to generate what I believe are highly compelling absolute and risk-adjusted returns in a less correlated manner to many other things I am invested in,” said Anne Yang, “At this stage, where I invest personal capital should have a sense of purpose. Helping grow quality private businesses, representing the majority of jobs in America, is an important objective for me.”
Ms. Yang was a Managing Director in the Mergers & Acquisition Group and member of the Executive Office at Goldman Sachs. In addition to her time at Goldman Sachs, Ms. Yang was also a Managing Director in the investment banking divisions of Bank of America and Citigroup. She also served as an Investment Analyst for Strong Capital Management in the management of a $4.5 billion public mutual fund investment portfolio and worked in the Merchant Banking Group of First Boston investing firm capital in leveraged buyouts.
Ms. Yang received both her B.S. and M.S. in Mechanical Engineering from MIT and her M.B.A. from the Wharton School of the University of Pennsylvania. Ms. Yang has served as a Board Member for various city and regional public boards in Connecticut.
Star Mountain was named Best Places to Work by Pensions & Investments and named one of the 2019 Best Places to Work by Crain’s New York Business.
ABOUT STAR MOUNTAIN
With over $1.2 billion in assets under management, Star Mountain takes a data-driven approach to investing into the U.S. lower middle-market through two complementary investment strategies: (i) direct investing and (ii) secondaries (acquiring LP interests and direct assets). These complementary strategies provide scalable and diversified access for its institutional and high net worth investors to established small and medium-sized businesses that generally have between $10 million and $200 million in annual revenues.
Since 2010, Star Mountain has made over 70 direct investments in U.S. small and medium-sized businesses and over 20 secondaries / fund investments within its Collaborative Ecosystem ®, exclusively focused on the U.S. lower middle-market. With more than 40 team members across five offices nationwide, Star Mountain’s focus and dedication have been productive for job creation and economic development. Star Mountain is dedicated to this large market of underserved businesses with its specialized business model established to address the challenges and opportunities of these companies. As part of its commitment, Star Mountain has trademarked Investing in the Growth Engine of America ®.
Faced with the same challenges many fellow New York City-headquartered firms are dealing with due to the COVID-19 pandemic, Star Mountain’s team was already experienced in working remotely and via webinar given its full-time team members and network of senior advisors / operating partners are spread across the country. Star Mountain and its Charitable Foundation have been supporting local New York City charities during this time of need and keeping connected with our stakeholders via digital media assets. For example, Star Mountain’s Chief Risk Officer, Dr. Lev Borodovsky, has been publishing bi-weekly content on the macroeconomic impact of the pandemic on Star Mountain’s YouTube channel.
As part of its ESG program (Environmental, Social and Governance), Star Mountain’s Charitable Foundation, a not-for-profit 501(c)3 focuses on improving lives through economic development, including job creation, health & wellness and cancer research. Notable missions include helping match veterans and women with high quality small and medium-sized business career opportunities across the country, including within Star Mountain’s portfolio.
Note: This does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by unaffiliated rating services, companies and/or publications should not be construed by a client or prospective client as a guarantee that he / she / it will experience a certain level of results if Star Mountain is engaged, or continues to be engaged, to provide investment advisory services; nor should they be construed as a current or past endorsement, testimonial endorsement, recommendation or referral of Star Mountain or its representatives by any of its clients or any other third party. Rankings published by magazines and others are generally based exclusively on information prepared and / or submitted by the recognized advisor. Moreover, with regard to all performance information contained herein, directly or indirectly, if any, readers should note that past results are not indicative of future results. The description and the selection methodologies of each award and recognition are subjective and will vary.
Contacts
Star Mountain Capital, LLC
media@StarMountainCapital.com