Blackstar to Launch Asset Management Venture

September 13, 2018

On September 11, 2018, Blackstar Capital announced the launch of Blackstar Asset Management.

Blackstar Capital Group (“Blackstar”) CEO Mark Stephens, Philipp Family Office (“PFO”) CIO David Hall, and ex-Kimura Capital COO Morgan Metters have teamed up to launch Blackstar Asset Management (“BAM”) , a private credit business with seed capital from PFO. The new venture will be a strategic partner of Blackstar and focus on private debt strategies. Further terms of the deal were not disclosed.

Blackstar is a London-based trade finance firm specializing in the origination, structuring and management of trade finance transactions in the global market.

Phillipp is a Switzerland-based family office.

To read the press release: please click here


Categories

Investment Manager Strategic Investments, Seed Deals, Transactions