Star Mountain Capital, an employee-owned, specialized private credit and secondaries investment manager with ~$4 billion in assets under management targeting systematic alpha and low market correlated returns for its clients announced that Warren DeKinder has joined as a Managing Director to focus on engaging with investors as a solutions-oriented partner on investments and potential liquidity needs through Star Mountain’s secondaries business.
Star Mountain Capital, LLC (“Star Mountain”), a rapidly growing specialized private credit and secondaries investment firm targeting systematic alpha and low market correlated returns for its global institutional and high-net-worth investors is pleased to announce that Warren DeKinder has joined as a Managing Director based in Star Mountain’s Dallas office, one of its team’s 20+ locations nationwide. With ~$4 billion in assets under management (committed capital including debt facilities as of 1/31/24), alignment of interest is a core value of Star Mountain’s investor-centric business, including being 100% employee-owned and sharing investment profits with 100% of its U.S.-based full-time team. Star Mountain is a purpose-built business with one of the largest teams focused on investing in established, profitable, small and medium-sized private U.S. businesses (the “lower middle-market”) which represents approximately 50% of U.S. GDP.
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Star Mountain Capital Managing Director, Warren DeKinder, CFA (Photo: Business Wire)
Warren DeKinder has 30+ years of leadership experience advising and recommending strategic investment solutions to some of the world’s largest and most sophisticated institutions and private clients.
“We are committed to providing our investors with the best service possible in accessing the benefits of the less efficient and large U.S. lower middle-market especially at this time where smaller banks are challenged in servicing the growing needs of growing private businesses,” said Brett Hickey, Star Mountain Capital Founder & CEO. “We are excited for Warren to join other Dallas based senior team members Managing Director Chris Goodwin and Senior Advisors Rob Kaplan and Tom Tull. Having launched my first private lending fund over 20 years ago in Texas, I am excited to be growing our footprint in this important and growing marketplace.”
“Having experienced the results for my own portfolio as an investor with Star Mountain and with a former trusted colleague of mine at the firm, I am thrilled to be joining as a full-time member of this impressive organization,” said Warren DeKinder. “I believe many institutional and high-net-worth investors can benefit from the higher returns and low market correlation that Star Mountain targets through its distinctive platform in this large and inefficient market and further value how growing many of these businesses, which include essential service-oriented businesses, can also be of great value to society and the economy.”
Mr. DeKinder began his career as an investment consultant with DeMarche Associates where he worked in investment manager research sourcing investment strategies and conducting qualitative as well as quantitative manager due diligence for recommendation to their clients. DeMarche Associates was founded in 1974 as an investment consultant for major corporations, retirement funds, endowments, foundations, and public funds.
After that, he took a position at LCG Associates where he became a specialist in investment manager search and selection and was a member of the Manager Review Committee. Founded in 1973 and headquartered in Atlanta, Georgia, LCG Associates provides investment consulting advice for foundations, endowments, corporations, non-profits, and other institutions as well as private investors.
Most recently, Mr. DeKinder spent 14 years as a Senior Managing Director, Investor Relations, at Intech Investment Management, a global quantitative equity firm with $70 billion in assets under management (AUM) at its peak, which spun out from the Janus Henderson Group in 2022. He presented a sophisticated mathematical investment philosophy, process, investment portfolio and performance results to institutional plan sponsor staff, investment boards, consultants, manager research analysts, RIAs and wealth management advisors.
Prior to joining Intech, Mr. DeKinder spent 8 years as a Senior Vice President at ING Investment Management focused on institutional sales and relationship management in the central and western United States. ING Investment Management was part of global financial institution ING Group, one of the largest universal banks in the world with assets of approximately $1 trillion.
Mr. DeKinder graduated from University of Oklahoma with a Bachelor of Arts in Finance. He is FINRA Series 7, 6 and 63 licensed.
Mr. DeKinder is a Chartered Financial Analyst (CFA) and is a member of the CFA Institute, as well as the Dallas Society of Financial Analysts.
About Star Mountain
With ~$4 billion in assets under management (committed capital including debt facilities as of 1/31/2024), Star Mountain takes a data-driven approach to investing into the North American lower middle-market through two complementary investment strategies: (i) direct debt and equity investing and (ii) secondaries (acquiring LP interests and direct assets and making primary LP commitments). Star Mountain believes these complementary strategies provide data-enhanced, scalable, diversified, and customizable access for its institutional and qualifying high-net-worth investors to established businesses that generally have at least $15 million in annual revenues and under $50 million in EBITDA. Its investors include public pensions, private pensions, insurance companies, commercial banks, endowments, foundations, family offices and high-net-worth individuals. Star Mountain is 100% employee-owned and shares its profits with 100% of its U.S. full-time employees as part of its focus on maximizing value for its stakeholders and investors through alignment of interests.
Since 2010, Star Mountain has made over 200 direct investments in businesses and over 40 secondary / fund investments within its Collaborative Ecosystem®, focused on the North American lower middle-market. One of Star Mountain’s specialties is seeking current cash income for investors that is materially above the typical yields found in the public markets, often accompanied with potential long-term capital gains equity returns and low correlation to public markets through its distinctive origination, underwriting and value-added investment capabilities.
Star Mountain was recently named one of the Inc. 5000 fastest-growing private companies in America.
For the fifth straight year, Star Mountain was again named one of the Best Places to Work by Crain’s New York Business as well as once again one of the Best Places to Work by Pensions & Investments.
Star Mountain believes its focus and dedication has been productive for job creation and economic development including in underserved areas and communities. Star Mountain is dedicated to this large market of underserved businesses purpose-built to address the challenges and opportunities of these companies. As part of its commitment, Star Mountain has trademarked Investing in the Growth Engine of America ®.
Star Mountain’s Charitable Foundation, a not-for-profit 501(c)3 focuses on improving lives through economic development, including job creation, health & wellness and cancer research. Notable missions include helping match veterans and women with high quality small and medium-sized business career opportunities across the country, including within Star Mountain’s portfolio.
Note: This does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by unaffiliated rating services, companies and/or publications should not be construed by a client or prospective client as a guarantee that he / she / it will experience a certain level of results if Star Mountain is engaged, or continues to be engaged, to provide investment advisory services; nor should they be construed as a current or past endorsement, testimonial endorsement, recommendation or referral of Star Mountain or its representatives by any of its clients or any other third party. Rankings published by magazines and others are generally based exclusively on information prepared and / or submitted by the recognized advisor. Moreover, with regard to all performance information contained herein, directly or indirectly, if any, readers should note that past results are not indicative of future results. The description and the selection methodologies of each award and recognition are subjective and will vary.
Awards and recognitions by unaffiliated rating services, companies, and/or publications should not be construed by a client or prospective client as a guarantee that he/she/it will experience a certain level of results if SMFM is engaged, or continues to be engaged, to provide investment advisory services; nor should they be construed as a current or past endorsement, testimonial endorsement, recommendation or referral of SMFM or its representatives by any of its clients or any other third party. Rankings published by magazines and others are generally based exclusively on information prepared and/or submitted by the recognized advisor.
Crain’s two-part survey process consisted of evaluating each nominated company’s workplace policies, practices, philosophy, systems and demographics. The second part involved an employee survey to measure the employee experience. The combined scores determined the top companies and the final ranking. Star Mountain must pay a fee to Crain’s only for survey collection purposes. Detailed eligibility criteria can be found here: https://bestcompaniesgroup.com/best-companies-to-work-for-in-new-york/eligibility/
To be named to P&I‘s Best Places list, all firms met Best Companies’ high threshold for inclusion and were evaluated against others of similar size. Individual firm profiles, which were compiled based on survey results, reflect U.S. employment numbers and were confirmed by Best Companies in the summer. Company and employee comments were edited for space, style and clarity. Assets under management or advisement are as of June 30, unless otherwise noted. To participate, companies had to have at least 20 employees in the U.S., at least $100 million of discretionary assets under management or advisement and be in business for at least one year. An anonymous employee survey, which aimed to evaluate employee engagement and satisfaction, accounted for 75% of a firm’s score; an employer survey, which evaluated workplace policies, practices, benefits and demographics, made up 25%. https://bestcompaniesgroup.com/best-places-to-work-in-money-management/eligibility/
Companies on the 2023 Inc. 5000 are ranked according to percentage revenue growth from 2019 to 2022. To qualify, companies must have been founded and generating revenue by March 31, 2019. They must be U.S.-based, privately held, for-profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2022. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2019 is $100,000; the minimum for 2022 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine rankings were calculated to four decimal places. https://www.inc.com/inc5000
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Contacts
John Polis – Media@StarMountainCapital.com
