Metropolitan Partners Group appoints MD
Metropolitan Partners Group (Metropolitan), a private credit fund manager based in New York that provides short-term, senior-secured, collateralised loans to small and mid-sized, non-sponsored businesses, has appointed Adam Goodfriend as a Managing Director in the firm’s investment team.
This is the sixth new hire the firm has made in the last year as Metropolitan has expanded its team to meet the growing demand for private credit investments.
In his new role, Goodfriend is responsible for sourcing, evaluating and executing investments at Metropolitan.
Prior to joining Metropolitan, Goodfriend was the Chief Investment Officer of Alpha Square Group, a large Asian-backed family office, where he was responsible for portfolio strategy and construction, investment allocations and portfolio management activities. He was also a founder and CIO of The Alberleen Group and Alberleen Family Office Solutions (AFOS), two entities engaged in providing direct investing opportunities to select family offices and high-net-worth individuals.
Goodfriend has more than 30 years of experience in direct investing, investment banking, capital markets and asset management, previously working at major financial institutions, including Banc of America, JP Morgan Chase, and SG Cowen. He was also the Co-founder of The Airlie Group, a hedge fund managing high yield bonds and leveraged loan assets. Goodfriend graduated with a BA from The Johns Hopkins University and an MBA from The Wharton School of Business.