Longtime GI Partners exec Alexander Fraser steps back into advisory role

  • Greg VandenBosch left last year
  • Alexander Fraser moves to senior adviser role
  • Firm promoted two to managing director

Alexander Fraser, a senior executive with GI Partners since 2002, has moved into a senior advisory role as he transitions out of the firm, sources said.

It’s not clear exactly when Fraser will leave. He declined to comment about the situation. Philip Yau, a managing director at GI Partners, also declined comment.

Fraser joined GI Partners in 2002, prior to which he was a vice president in JP Morgan’s real estate investment banking group. He also previously worked at Thomas Weisel Partners.

At GI Partners, Fraser focused on healthcare, business and financial services, an archived version of GI’s website shows.

Fraser’s board seats at GI over the years have included MRI Software, Sunset Gower Studios, Telx Group, Plum Healthcare, FlatIron Crossing, STAG Industrial and Waypoint.

Fraser’s move into an advisory role comes shortly after another veteran GI executive, Greg VandenBosch, departed the firm last year. VandenBosch worked at GI Partners from 2007 to 2017, according to his LinkedIn profile.

VandenBosch’s profile lists him as managing director for Pyramid Point LLC. He did not respond to a connection request over LinkedIn.

And Laila Tarraf, who led human resources at GI from 2014, left in February, her LinkedIn profile said.

The departures were all amicable, a person with knowledge of the firm said.

GI’s PE team has more than doubled in size since 2014, according to the person with knowledge of the firm. In the past year, GI Partners promoted Dave Kreter and General Counsel and Chief Compliance Officer David Smolen to managing director.

Yau joined the firm last year after working for 12 years at UBS in the private funds group. He focuses on business development, oversees investor relations and manages GI’s co-investment efforts, a statement from the firm at the time said.

GI Partners, led by Founder and Executive Managing Director Rick Magnuson, closed its fifth private equity fund on $2.7 billion, beating its $2.3 billion target. GI Partners Fund V targets investments in sectors like data infrastructure, healthcare, software and services.

Action Item: Check out GI Partners’ Form ADV here: https://bit.ly/2fPzc7b

People moves. Photo by Reuters/Denis Sinyakov