New York Life Capital Partners renames itself GoldPoint Partners
New York Life Capital Partners, a wholly-owned investment boutique of New York Life, has renamed itself GoldPoint Partners.
Thomas Haubenstricker, chief executive officer of the newly renamed GoldPoint, says: “We determined that the timing was right to create a distinct identity that differentiates the firm while maintaining a close link to the iconic New York Life brand. While our name has changed, it’s important to underscore our firm continues to operate under the same ownership, with the same talented team, the same strategy and the same level of support from New York Life. Furthermore, we remain as committed as ever to our ‘Core Partner’ strategy that seeks to create a focused portfolio of investments with top-performing private equity sponsor relationships.”
GoldPoint Partners continues to see strong opportunities in the middle market where the firm has been focused for over 20 years. The firm closed its third mezzanine fund early this year with strong support from its diverse, global investor base that includes public and private pension funds, financial institutions, insurance companies, family offices, high net worth individuals and sovereign pools of capital.
“The firm has evolved significantly during the past 20 years, from a small team largely managing alternative assets for New York Life, to a multi-product boutique managing more than USD9bn of private equity and debt assets, with the majority of new capital coming from outside institutional investors,” says John Schumacher, chairman.
The “GoldPoint” name was inspired by the most prominent feature of the landmark New York Life building at 51 Madison Avenue in New York City – the distinctive, six-story golden pinnacle completed in 1928. The firm’s new logo includes a gold pinnacle, which will appear on a redesigned website (www.goldpointpartners.com) and all corporate materials.
- By Category
- News from other sites
- Special Reports