Placement agent and investment adviser FIRSTavenue has named Derek Dietrich as a partner. He will be based in the firm’s New York office. Dietrich previously worked at the firm from 2011 to 2014 as a partner prior to starting his own placement business Bridge Haven. He is also a former managing director at Fortress Investment Group.
LONDON / NEW YORK – FIRSTavenue, a leading global private funds placement agent and investment advisory firm, is pleased to announce that Derek Dietrich has rejoined the team as Partner and will be based in the firm’s New York office. Mr. Dietrich will be the Head of Northeast U.S. and Eastern Canada coverage working alongside Collis Klarberg, Director, focusing on distribution across all asset classes.
Mr. Dietrich was a Partner at FIRSTavenue from 2011 to 2014 before starting Bridge Haven, his own placement business. He has 16 years’ experience working in the fund placement industry and has worked with some of the leading private fund sponsors. Mr. Dietrich was previously Managing Director at Fortress Investment Group as well as Senior Vice President at Lehman Brothers.
“I am delighted to see Derek back at FIRSTavenue. He has a wealth of experience across key sectors: private equity, infrastructure/real assets and private credit.” commented Mr. Jess Larsen, Partner and Head of Americas. “Derek is a known producer and represents a further and significant investment in our North American franchise.
It’s wonderful to have him back. He further strengthens our private equity franchise while helping to consolidate our leadership position in private credit and real assets.” commented Mr. Paul Buckley, Managing Partner.
“I am excited to rejoin the FIRSTavenue team. FIRSTavenue’s global reach, focused approach and independent platform continue to offer a truly differentiated value proposition.” added Mr. Dietrich.
FIRSTavenue is a leading independent global advisory and capital placement business focused on private funds and private companies. FIRSTavenue covers the significant investors in the developed world and developing world. FIRSTavenue is differentiated by the breadth and depth of its reach through six global offices and benefits from a large team of former pension consultants on staff. FIRSTavenue’s clients include leading GPs and management teams across the key private market and industry sectors: private equity, private credit, real estate and real assets. See firstavenue.com.