Morgan Joseph TriArtisan and Karis Capital Partners (KCP) have announced that KCP, a placement agent providing advisory and capital raising services for alternative asset managers, has affiliated with Morgan Joseph.
The affiliation between the two firms is designed to benefit from synergies between Morgan Joseph’s investment banking and private equity investing capabilities, and Karis Capital’s relationships with private equity and hedge fund general partners and with over 2,000 pension plans, endowments, foundations, family offices and insurance companies.
“Karis Capital is led by extraordinarily experienced financial professionals, who have built a strong reputation in the placement business with general partners and Institutional investors alike, said Rohit Manocha, Co-President of Morgan Joseph. “This affiliation, we anticipate, will provide opportunities for both our firms to benefit from these relationships and build a strong platform for future growth.”
Karis Capital is headed by Carter Harris, Kevin Keady and Gregory Neumann, whose past experience includes capital raising, asset management, investment banking and capital markets at such firms as Bankers Trust, Credit Suisse, Deutsche Asset Management, Merrill Lynch, Morgan Stanley and Nomura. Since January 2006, when it was founded, KCP has been associated with over $3 billion of capital raised for 18 general partners. KCP previously was part of Knight Capital Group, the global trading firm. KCP is based in Stamford, CT (www.kariscp.com).
“We are delighted for this opportunity to join with Morgan Joseph in an affiliation that will provide significant benefit for both firms and their constituent bases,” said Carter Harris, Managing Director of KCP. “Our institutional relationships will benefit from increased deal flow particularly on the direct side as we partner with Morgan Joseph in their direct investing activity alongside large, established buyout firms. We see this as an unusually favorable match of talent and people, and we are very excited to be working with this highly regarded team of professionals.”
Morgan Joseph TriArtisan is an investment and merchant bank engaged in providing financial advice, capital raising and private equity investing. The firm’s services include mergers, acquisitions and restructuring advice, in addition to private placements and public offerings of equity and debt. Morgan Joseph TriArtisan is based in New York (www.mjta.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 10-1-13
