LONDON & NEW YORK--(EON: Enhanced Online News)--First Avenue, a leading global private placement agent and investment advisory firm, is pleased to announce the appointment of Phil Pool as Co-Chairman. He joins Jonathan Davie, who has served as the firm’s Chairman since its inception in 2006. Mr. Pool will serve as a member of First Avenue’s internal management committee and advise on the overall strategic direction of the firm. In addition, he will contribute to the firm’s client sourcing efforts.
“I am delighted to welcome Phil as my Co-Chairman.”
Mr. Pool has been a leader in the alternative fundraising business for over thirty years. He began his career as an investment banker at Kidder, Peabody & Co. After Kidder, Peabody, he was a senior professional on Merrill Lynch’s fundraising team. In 1994, Mr. Pool left Merrill Lynch and joined Donaldson, Lufkin & Jenrette (DLJ), where he co-founded the DLJ Private Fund Group, which he and his partners built into a market-leading franchise. After DLJ was acquired by Credit Suisse in 2000, Mr. Pool joined Willis Stein & Partners, where he was a Managing Director responsible for business development and investor relations. Over his career, Mr. Pool has helped raise capital for many of the leading private equity firms in the world.
“I am very pleased to be joining First Avenue at such a compelling time. First Avenue has developed into a leading independent placement agent raising capital for alternative investment firms worldwide. I look forward to assisting the firm as it continues to build a strong and successful franchise,” commented Mr. Pool.
“The ongoing development of our global business is critical to competing as a top-tier placement agent. Phil’s deep experience and institutional connectivity will enhance First Avenue’s ability to meet our clients’ requirements,” commented Jonathan Davie, First Avenue’s London based Co-Chairman, “I am delighted to welcome Phil as my Co-Chairman.”
Jim McCarvill, First Avenue’s New York based Co-Managing Partner added, “I have personally known Phil for over ten years and his wisdom and vast experience in alternative assets is a welcomed addition to our team. First Avenue is having a record year. The firm is successfully exceeding targets on our current fundraises and we have a strong pipeline of new opportunities. We believe Phil will have a material impact in helping First Avenue build our business and continue our success in the years to come.”
About First Avenue
Founded in 2006, First Avenue is a leading, independent global placement and advisory firm dedicated to raising capital for a distinguished group of alternative asset managers across private equity, real assets, real estate and private credit in developed and emerging markets. With an experienced team of over 45 professionals located in London, New York, San Francisco and Cleveland, First Avenue provides global distribution and accessibility to an extensive network of institutional investors. For more information on First Avenue, please visit www.firstavenue.com.
First Avenue Partners LLP is registered in England and Wales under the no. OC319893. Authorised and regulated by the Financial Conduct Authority
FAP USA, L.P. member FINRA/SIPC