Morgan Joseph TriArtisan LLC (“MJTA”) and Karis Capital Partners LLC (“KCP”) today announced that KCP, a boutique placement agent providing advisory and capital raising services for alternative asset managers, has affiliated with MJTA, the merchant bank and investment banking firm serving middle market companies.*
The affiliation is designed to benefit from synergies between Morgan Joseph’s investment banking and private equity investing capabilities, and Karis Capital’s relationships with private equity and hedge fund general partners and with over 2,000 pension plans, endowments, foundations, family offices and insurance companies.
“Karis Capital is led by extraordinarily experienced financial professionals, who have built a strong reputation in the placement business with General Partners and Institutional investors alike, said Rohit Manocha, Co-President of MJTA. “This affiliation, we anticipate, will provide opportunities for both our firms to benefit from these relationships and build a strong platform for future growth.”
“We are delighted for this opportunity to join with Morgan Joseph TriArtisan in an affiliation that will provide significant benefit for both firms and their constituent bases,” commented Carter Harris, Managing Director of KCP. “Our institutional relationships will benefit from increased deal flow particularly on the direct side as we partner with MJTA in their direct investing activity alongside large, established buyout firms. We see this as an unusually favorable match of talent and people, and we are very excited to be working with this highly regarded team of professionals.”
Karis Capital is headed by Carter Harris, Kevin Keady and Gregory Neumann, whose past experience includes capital raising, asset management, investment banking and capital markets at such firms as Bankers Trust, Credit Suisse, Deutsche Asset Management, Merrill Lynch, Morgan Stanley and Nomura. In all, KCP partners have more than 100 years of experience building investor relationships and raising capital from institutional investors. Since January 2006, when it was founded, KCP has been associated with over $3 billion of capital raised for 18 General Partners. KCP previously was part of Knight Capital Group, the global trading firm. KCP will have offices in Stamford, CT.
Karis Capital Partners, LLC provides high quality advisory and capital raising services for private equity funds, direct investments and for hedge funds.* The firm limits its number of assignments to ensure quality representation and a customized distribution strategy.
Morgan Joseph TriArtisan LLC is an investment and merchant bank engaged in providing financial advice, capital raising and private equity investing. The firm’s services include mergers, acquisitions and restructuring advice, in addition to private placements and public offerings of equity and debt.