Artist Capital, a strategic capital partner to hedge funds, private equity firms and real estate investment managers, has appointed Ramesh Parameswar as Managing Director and Patrick Neuman as Director.
In addition to these new hires, and in recognition of their contribution to the strong growth of the firm, Denise Sadowski, Evan Kerr and Brett Kasner have been appointed as Partners. These appointments follow a significant milestone for Artist Capital, with the firm having organized over USD4 billion for clients across broad range of alternative asset classes, with the majority of growth occurring during the last five years.
Parameswar brings with him over 25 years of financial services experience, with a focus on alternative investments. Most recently he led business development and sat on the management committee of Trend Capital Management, a global fundamental macro-economic investment firm. He also played a significant role in growing Citigroup Alternative Investment’s nascent single manager hedge fund and leveraged loan business to several billion in assets. Neuman joins from Trailmark Inc where he advised fund sponsors and investors across private equity, private credit, and real assets.
“The most innovative investment firms of today require much more than a traditional capital markets partner,” says Jonathan Sands, Chief Executive Officer, Artist Capital. “These managers require a strategic partner for capital markets innovation, someone able to seek out and capitalise on opportunities that require detailed analysis, expertise, market education and high conviction. We strive to build lasting businesses by bringing novel, yet institutional ideas to fruition, extending product lifecycles and expanding our clients’ franchises to evolve their investor bases. As we continue to develop our fully integrated institutional growth platform for the most innovative and compelling opportunities, we are thrilled to add Ramesh and Patrick to our team. Both are forward thinking collaborators and our clients will benefit greatly from their combined experience and expertise in public and private markets.”
“I am thrilled to join a firm that is highly selective in the projects it takes on. What truly differentiates Artist Capital is its willingness and ability to partner with extraordinary investors that are early in their evolution or early in their appreciation for their strategy and invest the time and resources to effectuate quality results,” says Ramesh.
“Artist Capital is structure and strategy agnostic and actively seeks out hard-to-access opportunities that require a strategic and long-term mindset. I’m looking forward to working with a team that doesn’t believe in simply sourcing capital, but instead focuses on bringing ideas to the market that are compelling, actionable and early stage so as to help investors find alpha and build long-term partnerships,” says Neuman.
“Since the inception of Sabal’s investment management business, Artist Capital has been a trusted strategic partner providing high-touch service. From day one they helped iterate our business development strategy, and have been partners ever since as we’ve successfully grown from an emerging investment platform to greater than a USD1 billion dollar franchise in less than five years,” says Pat Jackson, Chief Executive Officer, Sabal Investment Holdings, LLC.
“Artist Capital has been a trusted partner for the last decade, starting with Formation 8 and continuing at 8VC and our current focus on smart enterprise and the renaissance in biology. The team has scaled innovative investment strategies and built an impressive platform over the past decade,” said Joe Lonsdale, Founding Partner, 8VC.
