After a enjoyable and rewarding 30-year profession in personal fairness, I’m excited to share that I’m retiring. I simply turned 60 this previous March, and I’m trying ahead to extra free time for journey with my… | Louis Sciarretta

After a enjoyable and rewarding 30-year profession in personal fairness, I’m excited to share that I’m retiring. I simply turned 60 this previous March, and I’m trying ahead to extra free time for journey with my spouse, reducing my golf handicap, getting out on my boat extra, performing some significant volunteer work, and spending extra high quality time with my grownup kids as they give the impression of being to construct their very own households.

It has been a privilege to work with so a lot of you as coworkers, shoppers, fund managers and repair suppliers. I’ve realized from sensible colleagues, partnered with inspiring leaders, and had the enjoyment of watching so many careers develop and evolve. I used to be blessed to spend the primary eight years of my profession studying from the perfect audit and tax professionals at EY, who taught me not solely the best way to handle a monetary assertion audit, however gave me publicity to numerous corporations and industries together with VC corporations, which lead me to my 20-year unicorn function as CFO after which COO, Partner and proprietor at FLAG. I’m endlessly grateful to my extraordinary founding companions, Peter Lawrence and Diana Frazier, who modified my life and profession. I took a leap of religion on them, and so they in flip trusted me and gave me a seat on the desk to handle the agency’s finance, IT, and operations features. It was the perfect determination of my profession.

FLAG began with a single Stamford workplace, 4 workers, and $107M in AUM on a primary fund of funds. It was Peter and Diana’s boundless optimism and relentless drive to supply the perfect managers and lift capital, along with my companions, that result in the expansion to a multi-strategy agency including a Boston and Hong Kong workplace whereas rising to over $7B in AUM and 65 workers over 20 years once we offered FLAG to Aberdeen in 2015. While it was a brand new journey and typically difficult to combine into a big European-based asset administration agency, I used to be privileged to work with some terrific of us at Aberdeen. After a COO function at Kline Hill Partners the place I additionally labored with a devoted and hard-working workforce, I used to be blessed to have a ultimate four-year run at Harvest Partners. Together with my Harvest workforce, we grew an undersized workforce of seven finance professionals to a 20-person finance, center workplace, tax, GP, and IT perform to correctly help a $20B center market PE, structured capital, and credit score platform with improved processes and enterprise methods. I depart Harvest with a grateful coronary heart, realizing the workforce is well-positioned to succeed.

The widespread component in all my roles was the tradition of belief and accountability that my groups displayed. To everybody I labored with, I thanks in your arduous work, dedication, and belief in me. So a lot of you may have achieved great profession success, and I’ll all the time be your largest cheerleader. It has been an incredible 38-year profession journey due to the folks I’ve met alongside the best way. I’m trying ahead to staying linked and cheering on the unbelievable work you’ll proceed to do.