Latest news with #StarMountain
Business Wire
10-07-2025
- Business
- Business Wire
Star Mountain Capital Transitions Peter K. Scaturro, Sr. To Vice Chairman
NEW YORK--(BUSINESS WIRE)-- Star Mountain Capital, LLC ("Star Mountain"), a specialized, alpha-focused, employee-owned private markets investment firm with over $4 billion in assets under management ('AUM'), is pleased to announce the transition of Peter K. Scaturro, Sr. from Senior Advisor to Vice Chairman. Mr. Scaturro has been serving as a Senior Advisor to Star Mountain since 2024. 'One of the things that drew me to Star Mountain was its focus on the lower middle-market. It's an area that, according to the U.S. Small Business Administration, has accounted for roughly 44% of U.S. GDP and 65% of net new jobs from 2000 to mid-2023." Share Mr. Scaturro is a 40-year veteran of global banking and wealth management. He has led multi-billion-dollar businesses at Goldman Sachs, Citigroup, U.S. Trust, and Bankers Trust, driving strategy, growth and client engagement across private banking and wealth management platforms worldwide. 'Peter has been an outstanding strategic partner to Star Mountain,' said Brett Hickey, Star Mountain Capital Founder & CEO. 'His experience as a CEO, board member, and partner at some of the world's most respected financial institutions brings invaluable insights to our team. I've appreciated Peter's thoughtful insights and consistent contribution to our long-term goals.' 'Star Mountain has built a distinctive culture rooted in alignment, excellence, and long-term partnerships,' said Peter Scaturro. 'One of the things that drew me to Star Mountain was its focus on the lower middle-market. It's an area that, according to the U.S. Small Business Administration, has accounted for roughly 44% of U.S. GDP and 65% of net new jobs from 2000 to mid-2023. That kind of impact is exciting to be a part of. I look forward to supporting the firm's continued growth and helping expand its reach among institutional investors, business owners, and partners across the financial community.' Mr. Scaturro was most recently a Partner in the Global Private Client Business of Goldman Sachs (NYSE: GS) where he oversaw the Global Private Client Business (now Global Wealth Management). He was a member of the firmwide Goldman Sachs Business Practices Committee and served on the Investment Management Division Operating Committee. Prior to Goldman Sachs, Mr. Scaturro was the Chief Executive Officer at U.S. Trust until its acquisition by Bank of America (NYSE: BAC) in 2007 for $3.3 billion. Before becoming Chief Executive Officer at U.S. Trust, Mr. Scaturro was the Chief Executive Officer of Citigroup Global Private Bank where he was responsible for 98 offices in 38 countries. He also served as a member of Citigroup's Management Committee. During his tenure, the Global Private Bank's earnings more than doubled and had industry leading margins. Earlier in his career, Mr. Scaturro was a Partner at Bankers Trust (acquired by Deutsche Bank in 1999). Mr. Scaturro began his career in 1982 at Chase Manhattan Bank in New York City. Other Roles and Education Mr. Scaturro received a Bachelor of Applied Science in Engineering and a Master of Engineering from Columbia University. Outside of his executive roles, Mr. Scaturro remains actively engaged in advisory, board, and philanthropic work. Currently, Mr. Scaturro serves as an Advisory Board Member of Sapient Capital and Vice Chairman at Agilion Systems, Inc. Since retiring from Goldman Sachs, Mr. Scaturro has been involved with numerous boards and advisory positions. About Star Mountain Capital With over $4 billion in AUM (committed capital including debt facilities as of 6/30/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies: Direct Investments: Providing debt and equity capital to established lower middle-market businesses. Secondary Investments: Acquiring LP interests, direct assets, and making primary LP commitments. Star Mountain's investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders. Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain's New York Business and Pensions & Investments. For more information, visit Legal Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary. Mr. Scaturro is an independent contractor of Star Mountain Capital and not an employee. Awards and Recognition Disclosure: Star Mountain Capital's awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients. Ranking Methodologies: Crain's Best Places to Work: Evaluations were conducted through a two-part process, assessing workplace policies, practices, and employee satisfaction via surveys. Participation required a fee solely for survey processing purposes. More details are available at Crain's eligibility criteria. Companies were evaluated based on surveys measuring employee engagement (75%) and employer policies (25%). Participation required a minimum of 20 U.S. employees and $100 million in discretionary assets under management. Further details can be found at P&I eligibility criteria. Inc. 5000 Rankings: Companies were ranked based on revenue growth from 2020 to 2023. To qualify, firms had to be U.S.-based, privately held, and independent, with revenue thresholds of at least $100,000 in 2020 and $2 million in 2023. More details are available at Inc. 5000 criteria.
Business Wire
01-07-2025
- Business
- Business Wire
Star Mountain Capital Earns Spot on Inc.'s 2025 Best Workplaces List
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a rapidly growing, employee-owned investment firm with over $4 billion in assets under management ('AUM'), has been named one of Inc.'s 2025 Best Workplaces. The annual Best Workplaces list honors companies that have built exceptional work environments and strong, value-driven cultures. The selection is based on a rigorous evaluation of workplace policies, management practices, employee engagement, perks, professional development, and overall benefits. 'It is a privilege to be recognized by Inc. for our culture and values,' said Star Mountain Capital Founder & CEO, Brett Hickey. 'At Star Mountain, our STAR Values (Shareholder Mindset, Trust, Accountability and Respect) are central to how we operate and collaborate. With 100% of our U.S. full-time employees sharing in the firm's profits, we have built a culture of ownership, responsibility and care. Through the Star Mountain Charitable Foundation, we extend that mindset beyond the firm to make a broader impact. This recognition reflects our team's long-term commitment to each other and to the businesses and communities we serve.' 'Our culture of ownership and alignment is a core part of what makes Star Mountain a great place to build a career,' said Star Mountain Capital President, Scott Couto. 'We are proud of the disciplined and Collaborative Ecosystem ® we have created. It has helped us attract a highly skilled and dedicated team of 120+ professionals. As we continue to grow, we remain focused on investing in our people, technology and infrastructure. These efforts enhance our ability to support businesses in the lower middle-market.' About Star Mountain Capital With over $4 billion in AUM (committed capital including debt facilities as of 6/30/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies: Direct Investments: Providing debt and equity capital to established lower middle-market businesses. Secondary Investments: Acquiring LP interests, direct assets, and making primary LP commitments. Star Mountain's investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders. Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain's New York Business and Pensions & Investments. For more information, visit Legal Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary. Awards and Recognition Disclosure: Star Mountain Capital's awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients. Ranking Methodologies: Crain's Best Places to Work: Evaluations were conducted through a two-part process, assessing workplace policies, practices, and employee satisfaction via surveys. Participation required a fee solely for survey processing purposes. More details are available at Crain's eligibility criteria. Pensions & Investments Best Places to Work: Companies were evaluated based on surveys measuring employee engagement (75%) and employer policies (25%). Participation required a minimum of 20 U.S. employees and $100 million in discretionary assets under management. Further details can be found at P&I eligibility criteria. Inc. 5000 Rankings: Companies were ranked based on revenue growth from 2020 to 2023. To qualify, firms had to be U.S.-based, privately held, and independent, with revenue thresholds of at least $100,000 in 2020 and $2 million in 2023. More details are available at Inc. 5000 criteria. Inc. Best Workplaces: Companies were selected based on employee feedback and organizational practices. To qualify, companies must be U.S.-based, independent, have been in business at least two years, employ a minimum of five permanent employees, and have total annual revenue under $1 billion. More details are available at Inc.'s eligibility criteria. More details are available at Inc. Best Workplaces criteria.
Business Wire
18-06-2025
- Business
- Business Wire
Star Mountain Capital Founder & CEO Brett Hickey Receives Corporate Social Responsibility Award from the Foreign Policy Association
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ('Star Mountain'), a specialized, employee‑owned private‑markets firm with over $4 billion in assets under management ('AUM'), is pleased to announce that its Founder & Chief Executive Officer, Brett Hickey, has been honored with the Corporate Social Responsibility Award by the Foreign Policy Association ('FPA') at its annual dinner held on June 5, 2025 at the Harvard Club of New York City. This year's event gathered leaders from business, academia and public service. 'Tonight's recognition is about civic and social responsibility. The businesses we partner with aren't just economic units; they are the fabric of American communities. When they thrive, entire families and neighborhoods benefit.' Share Fellow honorees included Bob Sternfels (Global Managing Partner, McKinsey & Company), James Daunt (CEO, Barnes & Noble) and Pradeep K. Khosla (Chancellor, UC San Diego). 'Tonight's recognition is about civic and social responsibility. The businesses we partner with are not just economic units; they are the fabric of American communities. When they thrive, entire families and neighborhoods benefit,' said Brett Hickey during his acceptance remarks. Peter Scaturro, Director of the Foreign Policy Association and a Senior Advisor to Star Mountain, added, 'Brett has channeled his competitive athletic drive, coupled with his small-town culture of caring for his community, to build an investment platform that strengthens small businesses and the neighborhoods they call home. His leadership exemplifies corporate citizenship at its finest.' About the Foreign Policy Association Founded in 1918, the FPA is a non‑partisan organization dedicated to inspiring public interest and informed opinion about U.S. foreign policy and global issues. Through its programs and publications, the Association engages citizens and leaders alike in the foreign‑policy process. About Star Mountain Capital With over $4 billion in AUM (committed capital including debt facilities as of 5/31/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies: Direct Investments: Providing debt and equity capital to established lower middle-market businesses. Secondary Investments: Acquiring LP interests, direct assets, and making primary LP commitments. Star Mountain's investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders. Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain's New York Business and Pensions & Investments. For more information, visit Legal Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary. Awards and Recognition Disclosure: Star Mountain Capital's awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients. Ranking Methodologies: Crain's Best Places to Work: Evaluations were conducted through a two-part process, assessing workplace policies, practices, and employee satisfaction via surveys. Participation required a fee solely for survey processing purposes. More details are available at Crain's eligibility criteria. Pensions & Investments Best Places to Work: Companies were evaluated based on surveys measuring employee engagement (75%) and employer policies (25%). Participation required a minimum of 20 U.S. employees and $100 million in discretionary assets under management. Further details can be found at P&I eligibility criteria. Inc. 5000 Rankings: Companies were ranked based on revenue growth from 2019 to 2022. To qualify, firms had to be U.S.-based, privately held, and independent, with revenue thresholds of at least $100,000 in 2019 and $2 million in 2022. More details are available at Inc. 5000 criteria.
Yahoo
05-06-2025
- Business
- Yahoo
Star Mountain Announces Exit of Channel Factory Investment
NEW YORK, June 05, 2025--(BUSINESS WIRE)--Star Mountain Fund Management, LLC ("Star Mountain") is pleased to announce its exit through the Truelink Investment in Channel Factory ("Company"). Truelink Capital is a Los Angeles–based private equity firm focused on Tech-Enabled Services and Industrials sectors. The transaction marks a successful exit for Star Mountain and other shareholders. Founded in 2014 by Tony Chen, Channel Factory is a trusted partner to the world's leading brands, agencies, and media buyers, delivering contextually targeted advertising solutions. Leveraging proprietary AI technology, Channel Factory helps advertisers maximize the efficiency of their digital media campaigns across YouTube, Meta, other walled gardens, and CTV. It ensures ads appear in brand-suitable, high-performing, and contextually relevant content. Since Star Mountain's investment, Channel Factory has successfully executed a number of valuable growth initiatives, including the expansion of its value proposition through strategic partnerships with Google and other social platforms, geographic expansion in Europe and Asia, and the professionalization of the management team, including the addition of experienced board members. "We thank the team at Star Mountain Capital for their support and guidance. As our first institutional capital partner, they helped our business grow and expand globally as we leveraged their significant expertise in the Advertising and Marketing industry. We are excited they will continue to be a minority owner in Channel Factory's next chapter of expansion," said Channel Factory Founder and CEO Tony Chen. "Since Star Mountain invested in Channel Factory, the company has been able to deliver outstanding growth and profitability. We're proud to remain shareholders at Channel Factory in this new cycle and confident that they will achieve even more success," said Bruce Eatroff, Star Mountain Managing Director. About Star Mountain Capital With over $4 billion in AUM (committed capital including debt facilities as of 5/31/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies: Direct Investments: Providing debt and equity capital to established lower middle-market businesses. Secondary Investments: Acquiring LP interests, direct assets, and making primary LP commitments. Star Mountain's investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders. Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain's New York Business and Pensions & Investments. For more information, visit Legal Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary. Awards and Recognition Disclosure: Star Mountain Capital's awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients. Ranking Methodologies: Crain's Best Places to Work: Evaluations were conducted through a two-part process, assessing workplace policies, practices, and employee satisfaction via surveys. Participation required a fee solely for survey processing purposes. More details are available at Crain's eligibility criteria. Pensions & Investments Best Places to Work: Companies were evaluated based on surveys measuring employee engagement (75%) and employer policies (25%). Participation required a minimum of 20 U.S. employees and $100 million in discretionary assets under management. Further details can be found at P&I eligibility criteria. Inc. 5000 Rankings: Companies were ranked based on revenue growth from 2019 to 2022. To qualify, firms had to be U.S.-based, privately held, and independent, with revenue thresholds of at least $100,000 in 2019 and $2 million in 2022. More details are available at Inc. 5000 criteria. View source version on Contacts Media Contact: John Polis – Media@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
05-06-2025
- Business
- Business Wire
Star Mountain Announces Exit of Channel Factory Investment
NEW YORK--(BUSINESS WIRE)--Star Mountain Fund Management, LLC ('Star Mountain') is pleased to announce its exit through the Truelink Investment in Channel Factory ('Company'). Truelink Capital is a Los Angeles–based private equity firm focused on Tech-Enabled Services and Industrials sectors. The transaction marks a successful exit for Star Mountain and other shareholders. Founded in 2014 by Tony Chen, Channel Factory is a trusted partner to the world's leading brands, agencies, and media buyers, delivering contextually targeted advertising solutions. Leveraging proprietary AI technology, Channel Factory helps advertisers maximize the efficiency of their digital media campaigns across YouTube, Meta, other walled gardens, and CTV. It ensures ads appear in brand-suitable, high-performing, and contextually relevant content. Since Star Mountain's investment, Channel Factory has successfully executed a number of valuable growth initiatives, including the expansion of its value proposition through strategic partnerships with Google and other social platforms, geographic expansion in Europe and Asia, and the professionalization of the management team, including the addition of experienced board members. 'We thank the team at Star Mountain Capital for their support and guidance. As our first institutional capital partner, they helped our business grow and expand globally as we leveraged their significant expertise in the Advertising and Marketing industry. We are excited they will continue to be a minority owner in Channel Factory's next chapter of expansion,' said Channel Factory Founder and CEO Tony Chen. 'Since Star Mountain invested in Channel Factory, the company has been able to deliver outstanding growth and profitability. We're proud to remain shareholders at Channel Factory in this new cycle and confident that they will achieve even more success,' said Bruce Eatroff, Star Mountain Managing Director. About Star Mountain Capital With over $4 billion in AUM (committed capital including debt facilities as of 5/31/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies: Direct Investments: Providing debt and equity capital to established lower middle-market businesses. Secondary Investments: Acquiring LP interests, direct assets, and making primary LP commitments. Star Mountain's investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders. Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain's New York Business and Pensions & Investments. For more information, visit Legal Disclaimer: This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary. Awards and Recognition Disclosure: Star Mountain Capital's awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients. Ranking Methodologies: Crain's Best Places to Work: Evaluations were conducted through a two-part process, assessing workplace policies, practices, and employee satisfaction via surveys. Participation required a fee solely for survey processing purposes. More details are available at Crain's eligibility criteria. Pensions & Investments Best Places to Work: Companies were evaluated based on surveys measuring employee engagement (75%) and employer policies (25%). Participation required a minimum of 20 U.S. employees and $100 million in discretionary assets under management. Further details can be found at P&I eligibility criteria. Inc. 5000 Rankings: Companies were ranked based on revenue growth from 2019 to 2022. To qualify, firms had to be U.S.-based, privately held, and independent, with revenue thresholds of at least $100,000 in 2019 and $2 million in 2022. More details are available at Inc. 5000 criteria.
