Solomon Owayda Joins Siguler Guff

Solomon Owayda has joined Siguler Guff as a managing director. He previously was chief investment officer at SVG Advisers, and before that oversaw private equity investments for the California State Teachers’ Retirement System (CalSTRS).

PRESS RELEASE

Siguler Guff, an independent, multi-strategy private equity firm with over $8 billion in assets under management, announced today that Solomon Owayda has joined the firm as a Managing Director. The firm will leverage Mr. Owayda’s extensive private equity experience to provide specialized investment solutions to investors and to cultivate and manage advisory relationships.

Mr. Owayda said: “This is a great opportunity to join a successful private equity firm like Siguler Guff and to work with a talented group of professionals. I have known individuals at the firm for a long period of time and have always been impressed by their vision and their ability to identify opportunistic trends in a timely manner.”

George W. Siguler, Managing Director and Chief Investment Officer of Siguler Guff said: “I am thrilled to have someone of Solomon’s caliber join the firm. I have known and admired his work at CalSTRS and SVG over the past 20 years.”

Mr. Owayda joins the firm with 23 years of private equity experience. Most recently, he was the Chief Investment Officer at SVG Advisers, an international private equity firm with more than $6 billion in assets under management. Mr. Owayda was on the investment committee for several SVG vehicles, served on many advisory boards and helped establish the secondary business for the group.

Prior to SVG Advisers, Mr. Owayda was the Director of Private Equity at the California State Teachers’ Retirement System (“CalSTRS”). During his tenure at CalSTRS, Mr. Owayda built the private equity program to be one of the largest in the nation and also helped establish its secondary and co-investment programs.

Mr. Owayda holds a B.S. from Marquette University and an M.B.A. from the University of Wisconsin-Madison School of Business. He also attended the American University of Beirut. Mr. Owayda was an Adjunct Assistant Professor of Finance at the Edward S. Ageno School of Business at Golden Gate University.

About Siguler Guff & Company, LP

Siguler Guff & Company is a multi-strategy private equity investment firm with over $8.0 billion of assets under management across three lines of business: fund-of-funds, advisory activities and direct investment funds. Siguler Guff serves approximately 400 institutional clients and 500 high-net-worth individuals, and the funds it manages have invested in approximately 300 private equity funds. The firm is headquartered in New York and has offices in Boston, Chicago, San Francisco, Los Angeles, Moscow, Shanghai and a local affiliate office in Mumbai. To learn more about Siguler Guff, please visit www.sigulerguff.com.