Rob brings a rare combination of asset management experience and a successful track record of turning around underperforming investments.
Davis, CA (PRWEB) October 16, 2013
Upwelling Capital Group LLC today announced it has hired Robert Rakowski as a principal of the firm.
Mr. Rakowski, 45, brings more than 20 years of financial industry experience to support Upwelling’s core offerings of legacy portfolio solutions, asset management, and strategy consulting services for institutional alternative investors, according to the firm.
Since its formation in 2011, Upwelling has successfully built its business through an emphasis on investment consulting services to foundations, family offices, pension plans, and other investment organizations located around the world.
“I am pleased to add Robert to the Upwelling team because he brings a rare combination of asset management experience and a successful track record of turning around underperforming investments,” commented Joncarlo Mark, founder of Upwelling. “His expertise in strategy, financial restructuring, and private equity finance will prove valuable in helping our clients address the challenge of managing complex legacy alternative assets.”
Mr. Rakowski is based in Connecticut, which provides Upwelling with a physical presence on the East Coast.
“I’m excited to join Upwelling,” said Mr. Rakowski, “and address the huge opportunity within the private equity industry to unlock value from illiquid partnership structures and private direct investments.”
Mr. Rakowski most recently served as Executive Director with Fifth Street Finance, a private equity finance company. In that role, Mr. Rakowski was responsible for portfolio management and restructuring of debt and equity investments in middle-market companies.
Prior to Fifth Street Finance, Mr. Rakowski was Director with AlixPartners, a global corporate improvement consultancy that provides financial advisory and business turnaround services to multi-billion dollar businesses. His past casework included the successful resolution of a $60 billion regulated Wall Street brokerage and alternative investment management firm.
Before AlixPartners, Mr. Rakowski served as a Strategy Senior Manager with Accenture, where he led and conducted organic-growth and M&A-driven business consulting services in the US and Europe. Mr. Rakowski began his career with Arthur Andersen Business Consulting and Deloitte. Robert earned his B.S. degree in Accounting from St. Michael’s College, and his M.B.A. from the Amos Tuck School of Business Administration at Dartmouth College.
To arrange an interview with Joncarlo Mark or Robert Rakowski, financial reporters should contact Stevan Allen at (916) 448-1336 or Stevan(at)allenstrategic(dot)com.
About Upwelling Capital Group LLC
Upwelling Capital Group LLC http://upwellingcapital.com/ is an advisory and investment management firm with comprehensive institutional knowledge in the areas of private equity and alternative asset management. Upwelling provides customized strategies and solutions to enhance the overall returns for a wide range of alternative investors. Principals of the firm have successfully managed over $50 billion in global private capital commitments, including the resolution of over $4 billion in legacy, tail-end commitments, transfers and workouts for leading institutional investors. Prior to founding Upwelling, Joncarlo Mark helped lead the Alternative Investment Management Program at the California Public Employees Retirement System (CalPERS).