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Laxman Pai, Opalesque Asia: Six former executives from GoldPoint Partners LLC have launched a new investment firm, more than a year after their collective departure from the New York Life Insurance Company affiliate.
Dextra Partners is formed as an independent, multi-strategy investment firm focused on providing investors with differentiated middle market private equity opportunities, said a media release.
Headquartered in New York, the firm specializes in unlocking access to middle-market private equity and has been established with $2.5 billion of investable capital in vehicles managed by Dextra from a select group of strategic partners.
Dextra's founding partners are Quint Barker, Thomas Haubenstricker, Scott Iorio, Michael Kho, Binayak Mishra, and Vijay Palkar, according to the statement. Mr. Barker was GoldPoint's chief investment officer, while Mr. Haubenstricker was chief executive, and Mr. Palkar was head of its investment team.
The Founding Partners previously spent an average of 19 years at GoldPoint Partners, which had $16 billion in assets under management at the time of their departure.
"We are tremendously grateful to our strategic partners for their significant vote of confidence in our vision," said the Founding Partners. "Middle market private equity can be a difficult segment to navigate for many investors. We aspire to create a platform that helps a diverse and global investor base access quality investment opportunities in this...................... To view our full article Click here
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