RueOne Investments, an alternative asset manager that offers institutional asset owners and family offices direct investment opportunities on a deal by deal basis, has appointed Tracie Ahern and Hoyt Stastney to the firm’s board of directors.
Ahern (pictured), who is currently a principal at Danesmead Partners, a fund fiduciary services firm, will serve on the board's audit committee.
Stastney, currently the general counsel at Bronfman EL Rothschild, a wealth management firm, will chair RueOne's legal, compliance and cybersecurity committee. A focus of the compliance and cybersecurity committee will be ensuring that RueOne adopts and maintains best-in-class policies and procedures in the areas of compliance and cybersecurity.
"We are very pleased to welcome Tracie Ahern and Hoyt Stastney to our board of directors, each of whom brings an impressive track record in finance and a deep familiarity with the institutional side of alternative investing," says RueOne founder and CEO Jeff Baehr.
RueOne recently launched its alternative asset management business, providing institutional investors, family offices and other qualified investors with à la carte access to proprietary direct investment opportunities on a deal by deal basis. Its institutional-quality online platform features curated deals sourced from its global network. Through RueOne investors can invest directly in a single transaction, such as a private equity deal or a piece of mezzanine debt, rather than commingled funds.
Ahern previously served as the CFO for Soros Fund Management. She has over 26 years working in the investment management industry, including 10 years as a CFO with alternative and long-only funds.
"RueOne brings an important and innovative solution to alternative investing that is particularly relevant for family offices and high net worth individuals who are looking to access direct investment opportunities," says Ahern. "Jeff Baehr has assembled a team of the highest calibre and character, and I am honoured to join their board."
Stastney has built a prominent law career in financial services with a practice focused on securities, corporate finance, investment management, financial institutions, mergers and acquisitions, corporate governance and general corporate law.
"RueOne provides investors with a unique and compelling way to access direct investment opportunities," says Stastney. "An increasing number of investors are seeking ways to invest in alternative deals, and RueOne is really the first institutional quality solution that can properly satisfy this demand. I am excited about my new role."