Easterly Asset Management Appoints Genna Brounstein and Jennifer Cahill as Senior Vice Presidents of Private Market Sales
September 12 2024 - 7:30AM
Business Wire
Brounstein and Cahill join Easterly in newly
created roles to support its growing portfolio of Alternatives
Solutions
Easterly Asset Management (“Easterly”), home to investment teams
providing investors with a portfolio of solutions across
alternatives, active equity and active fixed income, today
announced the appointment of Genna Brounstein and Jennifer Cahill
as Senior Vice Presidents of Private Market Sales. In the newly
created roles, Brounstein and Cahill will focus on growing and
diversifying Easterly’s portfolio of Alternatives Solutions as part
of the company’s private markets distribution team.
Easterly has diversified its growing portfolio of Alternatives
Solutions through strategic partnerships with leaders in the
alternatives space including Harrison Street, a global investment
management firm focused on demographic-driven, needs-based real
assets including senior housing, student housing, healthcare
delivery, life sciences and storage real estate as well as social,
utility, and digital infrastructure; Lateral Investment Management,
a private equity firm focused on transformational growth buyouts at
owner-operated middle market businesses; and Easterly Clear Ocean
(formerly Easterly MLEP), a company formed to capitalize on
imbalances and dislocations in the international shipping
markets.
“Demand for differentiated alternative strategies continues to
grow among private wealth investors,” said Darrell Crate, Founder
and Managing Principal of Easterly. “Genna and Jennifer’s
established track records and deep roots in the private wealth
community will serve as valuable assets as we continue to expand
access to Easterly’s curated portfolio of Alternatives Solutions to
new investors.”
Brounstein joins Easterly from Rockefeller Asset Management,
where she excelled in capital raising across family offices and
institutional allocators as a Senior Vice President and Client
Relationship Manager. Cahill joins Easterly from Fasanara Capital,
where she was Co-Head of U.S. Capital Formation responsible for
expanding the firm’s U.S. fundraising footprint with a focus on
large allocators. Cahill was previously a Managing Director at
Investcorp, where she focused on alternatives funds, seeded
vehicles, and private co-invests as a member of the firm’s
investment committee.
“Today’s appointments underscore our continued commitment to the
private markets space,” said Phil Juliano, Jr., Head of Sales at
Easterly. “Genna and Jennifer’s experience as high-performing sales
executives will bolster our distribution strategy for Easterly’s
private market offerings and enhance the firm’s growth
trajectory.”
At Easterly, Brounstein and Cahill will leverage their
cultivated networks of family offices, RIAs, and financial advisors
to lead fundraising efforts for Easterly’s Alternatives
Solutions.
Prior to Rockefeller, Brounstein was a Vice President and Client
Relationship Manager within Brookfield Asset Management’s Private
Funds Group, where she spearheaded strategies to expand
Brookfield’s investor base of family offices from 2018 - 2021.
Prior to Brookfield, Brounstein held various roles over a nine-year
period at Bank of America Merrill Lynch, most recently as a member
of their Alternative Investment Distribution Group. She holds FINRA
Series 7 and Series 66 licenses and serves on the Board of
Directors of Cobble Hill LifeCare.
Cahill holds 20 years of alternatives investment fundraising
experience. In addition to her roles at Fasanara Capital and
Investcorp, Cahill was also a Managing Director at Harbert
Management Corporation, a global alternatives firm. Cahill has held
various leadership roles at other global asset managers including,
Atlantic Investment Management, Protégé Partners, and Pequot
Capital Management. Cahill holds FINRA Series 7 and Series 63
licenses.
In connection with Brounstein and Cahill’s appointments,
Easterly plans to announce additional strategic hires in the near
future to support its growing portfolio of Alternatives Solutions
and private wealth offerings.
ABOUT EASTERLY
Easterly Asset Management and its Strategic Partners provide
private wealth and institutional investors with a portfolio of
solutions across alternatives, active equity and active fixed
income. Founded in 2019, Easterly’s goal is to bring curated
solutions to clients that make their portfolios better by
partnering with trusted investment teams who have an established
track record of delivering value to investors. Easterly enables
high-performing managers to operate at scale by delivering
best-in-class resources, risk management, operational support,
infrastructure and an institutional and wealth distribution team.
As of March 31, 2024, Easterly and its Strategic Partners manage
over $60B of client assets. For more information, visit
easterlyam.com.
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Media
Jen Zeilman jzeilman@easterlyam.com
Nneka Etoniru easterly@avenuez.com