Portfolio Advisors has named Stephen Sloan, Scott Higbee and Brooks Lindberg as managing directors. Sloan was the co-founder of Cogent Partners while Higbee and Lindberg are former partners at Partners Group.
October 2020 – PA Announces Three New Managing Directors
Former Cogent Partners Founder and Ex-Partners Group Partners Join Portfolio Advisors to help accelerate global growth
Portfolio Advisors, a global private asset management firm focused on the mid market, announced today that Stephen Sloan, Scott Higbee and Brooks Lindberg have all joined the senior management team. They will work alongside Brian Murphy, Adam Clemens and William Indelicato on the firm’s management committee.
Sloan co-founded Cogent Partners, the first and largest financial advisory firm focused exclusively on private equity secondaries. He led Cogent from inception in 2002 through a successful exit to Greenhill & Company in 2015. At Greenhill, he served as Head of Capital Advisory and was a member of the Management Committee. He brings extensive management and investment experience gained over 20 years and numerous landmark LP- and GP-led transactions. Sloan will leverage this experience to further develop Portfolio Advisors’ global secondary business across private equity, private credit and real estate.
Higbee was previously a partner at Partners Group, where he served as President of Partners Group (USA) and headed its New York office. Over his 14-year tenure at Partners Group, Higbee led business development and capital raising in the Americas. Following Partners Group he led global capital raising for mid-market equity and credit strategies as a Senior Managing Director at GoldPoint Partners. At Portfolio Advisors, Higbee will serve as Co-Head of Global Markets alongside founder Brian Murphy.
Lindberg was previously a partner at Partners Group, where he worked closely with Higbee from 2002 through 2014. As Global Head of Distribution Partners, Partners Group’s private client business unit, Lindberg led structuring, marketing and operations for a pioneering SEC-registered evergreen private equity fund that was followed by similar offerings connected with Carlyle, KKR and others. Previously, Lindberg was head of the firm’s global Structuring Services unit. Lindberg will lead product development and distribution of registered investment products across Portfolio Advisors’ private equity, private credit and real estate business lines.
“Stephen, Scott and Brooks bring insights, creativity, and decades of experience to Portfolio Advisors”, said Murphy. “Over the past 26 years, Portfolio Advisors has built a global investment platform, differentiated ourselves as leaders in the mid market, and generated outstanding results for our investors. As we continue to grow and evolve as a firm, the combined experience of our new partners and their track records of developing new investment businesses will be instrumental in our future growth and success.”
About Portfolio Advisors
Portfolio Advisors is a global private asset management firm with more than $26 billion of assets under management. The firm’s investment programs span a wide range of private equity, credit and real estate investment strategies, with a central focus on the mid market. Founded in 1994, the firm employs more than 110 professionals across its principal offices in greater New York, Zurich and Hong Kong. The firm’s partnership-oriented approach to client and sponsor relationships is motivated by a belief that helping others to succeed is the truest measure of our own success.
Stephen is a Managing Director at Portfolio Advisors, a member of the firm’s Management Committee, and serves as a voting member of many of the firm’s Investment Committees. Stephen joined Portfolio Advisors in 2020. Prior to joining the firm, he was the Global Head of Greenhill’s Capital Advisory Group and member of Greenhill’s Management Committee, overseeing strategic direction, client relationships across the Asia Pacific region, deal execution, and management of the groups business operations. He has advised on more than $40 billion of secondary transactions across Asia, Australia, Europe, the Middle East and the United States over the past 18 years. Prior to Greenhill, Stephen co-founded Cogent Partners in 2002 where he served as the Managing Partner until the sale to Greenhill in 2015. Before founding Cogent Partners, he worked at Goldman Sachs in their New York office in the structured products and international finance groups. (B.S. from Brigham Young University, M.A. and M.B.A. from University of Pennsylvania)
Brooks is a Managing Director of Portfolio Advisors, a member of the firm’s Management Committee, and serves as a voting member of many of the firm’s Investment Committees. Brooks joined Portfolio Advisors in 2020. Since 2015, he has worked with several private companies as an investor, operating partner and board member. Previously, Brooks was a Partner at Partners Group, heading that firm’s global private client business from 2012 to 2014. In that capacity, Brooks led structuring, marketing and operations for an SEC-registered evergreen private equity fund, the first of its kind, from inception to ~$2 billion in assets. From 2007 to 2012, he served as the Head of Structuring Services, leading a global team in creating private investment vehicles designed to address both market opportunities and individual client needs. Brooks began his tenure at Partners Group in 2002 as a member of the Structuring Services team in Zug, Switzerland. (B.S.B.A. from the University of Florida and M.B.A. from Brigham Young University).
Scott is a Managing Director at Portfolio Advisors, a member of the firm’s Management Committee, a Co-Head of Global Marketing, and serves as a voting member of many of the firm’s Investment Committees. Scott joined Portfolio Advisors in 2020. Prior to joining the firm, he led global capital raising for mid-market equity and credit strategies for five years as a Senior Managing Director at GoldPoint Partners. Before GoldPoint, Scott was a Partner at Partners Group, where he served as President of Partners Group (USA) and headed the New York office, leading business development, deal sourcing and capital raising in the Americas for over 14 years. (B.S. and M.B.A. from Brigham Young University)