Star Mountain Capital LLC has named John J. Mack as a senior advisor and strategic investor. Mack is the former chairman and CEO of Morgan Stanley.
New York, NY, June 10, 2015 – Star Mountain Capital, LLC (“Star Mountain”), a specialized alternative asset manager focused exclusively on the large and underserved private U.S. small / medium-sized business marketplace, is pleased to announce that former Morgan Stanley Chairman & CEO, John J. Mack has joined Star Mountain as a Senior Advisor and Strategic Investor.
“John’s insight, expertise and relationships from managing some of the leading global financial institutions and from being an early partner with Lending Club, will be a great addition to Star Mountain’s unique approach to investing in the small / medium-sized business marketplace” commented Brett Hickey, Star Mountain’s Founder and CEO. Mr. Mack stated, “Star Mountain’s specialized platform allows investors to efficiently access the attractive returns found in the less competitive private small / medium-sized business marketplace. It’s a great example of the potential to deliver attractive risk-adjusted returns for investors while also generating positive social impact through substantial small business job creation in the United States.”
John J. Mack is a Senior Advisor of both Morgan Stanley and Star Mountain Capital. Mr. Mack served as Chairman of Morgan Stanley from 2005 to 2011 and CEO from 2005 to 2010. Prior to his role as CEO of Morgan Stanley, he served as Chairman of Pequot Capital Management. He was also co-CEO of Credit Suisse Group and CEO of Credit Suisse First Boston. Mr. Mack is a member of the Board of Directors of several companies including Lending Club. In addition, he serves on the International Advisory Council for China Investment Corporation, the International Business Leaders Advisory Council for the Mayor of Beijing, the International Advisory Panel of The Monetary Authority of Singapore, and the executive committee of the Partnership for New York City. Mr. Mack is a graduate of Duke University, where he was a former member of the Board of Trustees.
ABOUT STAR MOUNTAIN
Star Mountain Fund Management, LLC is a New York City-based specialized small / medium-sized business-focused alternative asset management firm with a unique strategic partnership approach to investing in private credit and private equity fund managers and investing directly into U.S. small and medium-sized businesses. Star Mountain’s unique “Collaborative Ecosystem” and network of top performing fund managers allows them and their portfolio of fund managers to provide strategic “One-Stop-Shop Flexible Capital Solutions” to U.S. based businesses looking to grow or sell.