LCG Associates, a national investment consulting firm headquartered in Atlanta, has hired Catharine C Burkett in a newly created role of vice president, director of private investments, based out of the firm’s Atlanta office.
Burkett's responsibilities include private investments research as well as due diligence and collaborating with clients to implement their private investment allocations.
"I'm thrilled to welcome Catharine to the firm," says Edward F Johnson, president and chief executive officer. "Her extensive experience and background in private equity will be a great asset to our firm."
Burkett says: "I am excited to be a part of LCG's team. This is a savvy, intelligent organisation committed to offering customized investment advice to clients."
Burkett has over 30 years of private investment experience. Prior to joining LCG, she was a founding co-director of alternative investments for the Employee's Retirement Systems of the State of Georgia. In that capacity, she created the investment infrastructure to implement the initial private equity programme and led the first investment for the plan. Previously, Burkett was a principal at Camden Partners, which she joined to build out Camden Private Capital as a diversified private equity fund of funds. Under her leadership, Camden Private Capital raised four funds which were invested in 35 top-performing venture capital, buyout, real asset and special situation funds.
Before working at Camden, Burkett was director of private investments at Spider Management Company, the University of Richmond, where she managed the University's portfolio of venture capital and private equity funds. As a senior member of the investment team, she led decisions for setting asset allocation and defining Investment Policy for the management of the endowment's portfolio.
Previously, Burkett worked for The Sherman Fairchild Foundation, a private family foundation based in Chevy Chase, Maryland. As vice president for finance, she had oversight of all asset classes for the foundation. Before joining the Foundation, Burkett was an investment funds manager at the Overseas Private Investment Corporation, an agency of the US government. She worked closely with private equity managers seeking US government credit support to facilitate their offering of private equity investment funds in emerging countries including Russia, Eastern Europe, Africa and parts of Asia and Latin America.