Advanced Capital, the European alternative investment specialist founded by financier Robert Tomei, has appointed Robert Berlé as the firm’s new chief executive officer.
Berlé has over 30 years’ investment and corporate banking experience alongside considerable experience in private equity gained at some of the leading names in the industry. For the past 15 years he has focused on mergers and acquisitions and private equity deals, managing transactions across Europe, the US and the Asia-Pacific region.
He has been managing director of Rothschild, Barclays de Zoete Wedd and Kidder Peabody and has held a senior banking position at JP Morgan.
Prior to joining Advanced Capital, he was vice chairman of DVR Capital, a merchant banking boutique based in Milan.
Tomei says: “The private equity industry is more competitive than ever with funds fiercely competing to find value and opportunities in all markets. We have demonstrated, across our fund-of-funds model, that we have the talent, knowledge and expertise to deliver consistently high returns for our investors. It’s great to have Robert as CEO of Advanced Capital at a time when we are expanding into new sectors and geographies and continuing our transformation from innovative Italian fund of funds to global niche investor. His broad range of experience combined with his proven executive track record makes him the ideal choice for AC to consolidate its leadership.”
Berlé says: “Advanced Capital has repeatedly demonstrated the validity and attractiveness of the fund-of-fund model and is now expanding its investment outlook. I look forward to using my experience to lead the evolution of Advanced Capital into a global niche investor. I want to build upon the structures in place so that we can continue to exceed expectations and set new benchmarks for investor returns.”
