Star Mountain Capital Appoints Falk As Strategic Advisor

Sep 12 2017 | 9:25pm ET

Brett Hickey’s Star Mountain Capital has named industry veteran and former KKR senior executive Erik Falk as a strategic personal investor and senior advisor to the firm.

In his new role, Falk will assist Hickey and the company’s senior management team in maximizing long-term shareholder value, Star Mountain said in a statement.

Falk is presently focused on strategic initiatives at $13 billion alternative asset manager Magnetar. Previously, he oversaw private funds as global head of private credit within KKR’s $35 billion credit business, and served on the private credit investment committee, the leveraged credit investment committee and the portfolio management committee. He also oversaw KKR’s investment in Star Mountain, the company added.
Falk started at KKR in 2008 and left the firm in April of this year. Beforehand, he spent eight years at Deutsche Bank, where he held several roles including founding the special situations group and co-heading the global securitized products group. He began his career in the asset-backed securitizations group at Credit Suisse First Boston.

“Erik’s extensive experience in asset management and credit investing is another great aligned addition to our advisory committee furthering our knowledge, relationships and thought leadership to maximize long-term shareholder value”, said Hickey, CEO and founder of Star Mountain, in the statement. “Knowing Erik for nearly five years, we are confident in the important cultural fit and complementary perspectives he brings to our team.”

Founded in 2010, New York-based Star Mountain is a specialized lower middle-market investment manager investing into small and medium-sized businesses via direct investments, strategic primary fund investments, and secondary fund investments. The company concentrates on established operating companies with revenue of $10-$150 million and EBITDA of $3-$15 million.