Toronto-based secondaries private equity firm Whitehorse Liquidity Partners has promoted Leah Boyd to partner and hired Derek Miners as senior principal and head of active portfolio management. Boyd joined Whitehorse as general counsel in 2019 while Miners worked at Canada Pension Plan Investment Board. In addition to these appointments, Whitehorse has made 11 promotions.
TORONTO, ONT, January 13, 2020 – Whitehorse Liquidity Partners Inc. (“Whitehorse”), a specialized investment manager focused on providing structured liquidity solutions to private equity portfolios, is pleased to announce a series of developments on its team including expansion of the partnership, promotions and additions to the team.
“We continue to invest in our platform through measured growth of the team. Whitehorse has grown to 46 professionals, up from 28 one year ago. In addition, we are also delighted to announce a series of promotions within the organization,” said Yann Robard, Managing Partner of Whitehorse. “We remain committed to building the platform ahead of complexity, through growth and promotions, to enable us to capture the market opportunity we have created. We are also determined to retain the strong culture that we have nurtured within Whitehorse. Our focus on partnership, integrity and performance remains top of mind as we execute on our growth.”
Whitehorse is pleased to announce the promotion of Leah Boyd to Partner. “Since joining Whitehorse as General Counsel at the beginning of 2019, Leah has made a significant impact on the organization,” said Mr. Robard. “She has developed an internal legal department that supports the firm as a whole and she provides valuable counsel and strategic advice as a member of the Senior Leadership Team. We are delighted to welcome Leah to the partnership.”
Whitehorse is also pleased to announce the addition of Derek Miners, Senior Principal, Head of Active Portfolio Management. “We are thrilled that Derek has joined the Whitehorse team,” said Michael Gubbels, Partner of Whitehorse. “Derek comes to us as a seasoned investment and finance professional, having 20 years of experience in private equity, operations and capital markets, including 15 years with the Canada Pension Plan Investment Board in increasingly senior roles. He will be leading Active Portfolio Management, a newly formed department that will focus on fund management, fund monitoring and liquidity management. The creation of this department is a milestone for our firm and yet another example of how Whitehorse endeavours to plan for, rather than react to, complexity.”
Whitehorse is also pleased to announce the promotions of Michelle Alexander (Senior Associate), Tim Lu (Senior Associate), Sean Bak (Associate), Imran Champsi (Associate), Ronald Cheung (Associate), Andrew Gillespie (Associate), Andrew Howard (Associate), Kevin Brown (Manager), Alexandra Stawecka-Lacina (Manager), Ali Diwan (Senior Fund Accountant) and Pallavi Gandhi (Senior Fund Accountant). “Through these 11 promotions, we recognize some of the significant contributions that have been made to Whitehorse by professionals across the Asset Management and Firm Management departments,” said Giorgio Riva, Partner of Whitehorse. “We are proud of the entire team at Whitehorse and we thank them for their dedication, hard work and passion.”
Speaking to activity in 2019, Rob Gavin, Partner of Whitehorse said “2019 was an exceptional year for Whitehorse. We continued to experience growth in the adoption of our product, completing 25 transactions with a value of approximately US$2.6 billion by year-end. Since inception, we have sourced over US$100 billion in deals and closed or are pending close on 48 transactions with a value of approximately US$3.9 billion. The hiring of Derek Miners, the promotions we have announced today and the growth of our team to 46 professionals demonstrate our continued focus on scaling and empowering our team.”
Sean Connor, Partner and CFO adds “we are proud of the operations team we have built within Whitehorse which now comprises 19 professionals. We are dedicated to providing best in class service to our limited partners. We know that without investors, there would be no Whitehorse and we are very grateful for their support”.
About Whitehorse Liquidity Partners
Whitehorse Liquidity Partners is a private equity firm focused on providing structured liquidity solutions to the alternative asset class. Whitehorse has identified what it believes is a significant and untapped market opportunity in the utilization of structured products to generate liquidity on private equity portfolios. Whitehorse was formed in 2015 and seeks to provide customized and flexible liquidity solutions for private equity investors. Whitehorse has raised funds with total cumulative committed capital of US$3.4 billion and has closed or committed to 48 transactions with a value of approximately US$3.9 billion. For more information, please visit www.whitehorseliquidity.com.