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Alternative Market Briefing

Silver Point's Kaftan joins Heard Capital

Wednesday, July 31, 2019

Bailey McCann, Opalesque New York:

Priya Kaftan has joined Heard Capital as head of investor relations and product strategy. Kaftan joins the firm from Silver Point Capital where she was previously a senior associate.

Heard Capital is a Chicago-based fund that invests in six sectors - technology, media, telecommunications, financial, industrial, and energy.

William Heard, founder, CEO, and CIO of the firm says that Kaftan's hire is the latest step in an effort to create a foundation that will allow Heard Capital to scale. "[Kaftan] brings valuable guidance to our team on meeting investors evolving needs," Heard said.

In February, the firm added Stephen Granstrand as head of operations. Granstrand joined from Goldman Sachs. At the same time, Joel Steinhaus, WeWork Companies Inc.'s Strategic Relationships Leader and Global Head of its Financial Services Practice, joined the advisory board. Other advisory board members include John Canning, chairman of Madison Dearborn Partners; Eric Reeves, general counsel of The Duchossois Group, and Michael Warren managing principal of Albright Stonebridge Group.

Known investors in Heard Capital include the Robert McCormick Foundation and the Nielsen Foundation.

Related:

Opalesque New Managers: Heard Capital: It is better to be nimble, thoughtful, and deliberate......................

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