The Institutional Limited Partners Association (ILPA) said July 11 that Mike Mazzola will assume the role of interim CEO. Mazzola replaces Peter Freire who left ILPA in June. Mazzola recently retired from MetLife as senior vice president and head of alternative investments. He was also a member of the ILPA board of directors for five years through the fall of 2015 and served his last three years as chairman.
July 11, 2017 – (Washington, DC and Toronto, Canada) – The Institutional Limited Partners Association (ILPA) announced today that Mike Mazzola will assume the role of Interim Chief Executive Officer, offering leadership to the organization as it conducts a search for a permanent CEO. Mazzola, who assumes the role following Peter Freire’s departure in June of this year, has enjoyed a 25-year career in the private equity industry, including a successful tenure as Chairman of the ILPA Board from 2012-2015. In an email to ILPA members, Tanya Carmichael, Current Chair of the ILPA Board, expressed excitement about the contribution Mazzola will make:
“We are thrilled to have Mike step into this significant leadership role at such an important time for ILPA,” said Carmichael. “As our organization continues to grow in scale and scope, we could not ask for a more seasoned and thoughtful professional to guide our team as we move forward in our search for a permanent CEO. Mike’s deep knowledge of PE industry dynamics, his familiarity with our membership and strong commitment to ILPA’s mission will serve our organization extraordinarily well.”
In addition to his past leadership positions at ILPA, Mike recently retired from MetLife as Senior Vice President and Head of Alternative Investments. In his most recent role, he was responsible for a global portfolio of limited partnership investments as well as U.S. middle market private debt. Mike was a member of the ILPA Board of Directors for five years through the fall of 2015 and served his last three years as Chairman. Since 2015, Mike has served as ILPA Nominating Committee Chair and was the member advisor for the first-ever CIO Symposium held in June 2017.
“Throughout my career, I have maintained a deep passion for ILPA and the meaningful work in which the organization engages,” said Mazzola, “I have watched ILPA expand its membership, broaden its charter, and provide greater value to limited partners each and every year. It is privilege to be able to work with such a talented and driven leadership team, staff and Board, and I look forward to serving in this new capacity.”
Mazzola will begin in the CEO role immediately and remain until the permanent Chief Executive Officer is named. A full search will commence this summer. Jennifer Choi, who has been managing day-to-day operations of ILPA since Peter Freire’s departure, will continue in her ongoing leadership role as Managing Director of Industry Affairs. Freire has also agreed to remain available in an advisory capacity to facilitate Mike’s transition to Interim CEO.
About the Institutional Limited Partners Association (ILPA)
The Institutional Limited Partners Association (ILPA) engages, empowers and connects limited partners to maximize their performance on an individual, institutional and collective basis. With more than 400 member institutions representing over US$1 trillion in private equity assets under management, ILPA is the only global organization dedicated exclusively to advancing the interests of LPs and their beneficiaries through best-in-class education, research, advocacy and networking. For more information, please visit ILPA.org