Volery Capital, a private equity firm focused on growth investments in the financial services industry has added two new Senior Advisors, Michael Arougheti, Co-Founder, Director, Chief Executive Officer and President of Ares Management Corporation, and Renée Beaumont, a leading impact investing adviser and former Partner at Generation Investment Management.
They join Robert Rosen, the Founder and former CEO of National Financial Planners, a Board member of Ares Capital Corporation and Founder or CEO of four other companies in the financial services sector, as Senior Advisors to Volery.
“The experts on our Advisory Board are a critical part of the fabric of our firm and an important sounding board for strategic issues, from corporate strategy to impact considerations, product development and market insights,” says Volery Capital Managing Partner Emanuel Citron.
“Financial services infrastructure has to take hold in impact investing in order to scale solutions to challenges like climate change and economic inequality. Our advisors will assist Volery in bridging the gap between institutional capital and impact investing to help drive innovations and solutions to these significant systemic problems.”
Arougheti is Co-Founder, Chief Executive Officer and President, as well as a Director of Ares Management Corporation. He additionally serves as Co-Chairman of Ares Capital Corporation (ARCC) and as a director of Ares Commercial Real Estate. Previously, Arougheti served as Chief Executive Officer of ARCC from May 2013 to July 2014 and President of the company from May 2004 to May 2013. Prior to joining Ares in 2004, Arougheti was Managing Partner of the Principal Finance Group of RBC Capital Partners and served as a Principal at Indosuez Capital. He serves on the Board of Directors of Operation HOPE, and is a member of the PATH Organization Leadership Council. Mr. Arougheti received a BA in Ethics, Politics and Economics, cum laude, from Yale University.
Beaumont is an impact investing advisor, investor and a former Partner at Generation Investment Management, a firm that focuses on sustainable capitalism. Prior to joining Generation in 2015, Beaumont served as Managing Director and Global Head of Business Development at Providence Equity Partners LLC. Beaumont joined Providence from Goldman, Sachs & Co where she was a Managing Director in the Merchant Banking Division. She is a Senior Advisor to Blue Haven Initiative, Firework Ventures and to ReGen Ventures. She also sits on the advisory boards of NYU Stern’s Business and Human Rights center and BrainTrust.
“We are thrilled to have Mike and Renée join Rob as advisors to Volery,” says Citron. “We will continue to broaden our Advisory Board to include members with different professional backgrounds, perspectives and expertise – a group that is representative of our evolving industry and that can help to guide Volery’s strategic trajectory.”
