NEW YORK, Nov. 18, 2016 /PRNewswire/ -- RueOne Investments, LLC (RueOne), the alternative asset manager that offers institutional asset owners and family offices direct investment opportunities on a deal by deal basis, today announced the appointments of Tracie Ahern and Hoyt Stastney to the RueOne Board of Directors.
Tracie Ahern, who is currently a Principal at Danesmead Partners, a fund fiduciary services firm, will serve on the Board's Audit Committee. Hoyt Stastney, currently the General Counsel at Bronfman E.L. 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," said 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 compelling, curated deals sourced from its global network and managed by top investment talent. 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 is a seasoned financial executive with 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," said Ahern. "Jeff Baehr has assembled a team of the highest caliber and character, and I am honored 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," said 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."
Additional Biographical Information
Prior to joining Danesmead Partners as Principal in July 2016, Ahern was the Chief Operating Officer and Chief Financial Officer for Brightwood Capital Advisors, LLC, an investment management firm that provides debt and equity capital solutions to US based companies. Previously, for eight years, she was the Chief Financial Officer for Soros Fund Management, a hedge fund management firm. In this role, she managed the Treasury, Operations, Fund Administration and Management Company finances and served as an interested director on numerous boards for Quantum Fund related entities. Prior to Soros Fund Management, Ahern served as the Vice President of Capital Markets Accounting for Freddie Mac, overseeing the financial reporting for over $800 billion of mortgage bonds and loans and $1 trillion of derivative assets. Earlier, for six years, she was a Partner and Director of Fund Administration and Operations at Lord, Abbett & Co. Previously, Ahern held numerous tax, compliance and fund administration roles at Deutsche Bank and Goldman Sachs Asset Management.
Ahern has served on the National Foundation and Corporate Boards of the Human Rights Campaign, as well as DC Scores, a literacy and athletic afterschool program for inner city children in Washington DC. She is currently an adjunct professor at Monmouth University and co-owner of Assisting Hands Homecare, a healthcare company based in New Jersey. She received her MBA in Finance and International Business from the Stern School of Business at New York University and her BS in Accounting from Manhattan College.
In his role for Bronfman E.L. Rothschild, Stastney oversees all legal functions for the firm, and heads up strategic initiatives, including the firm's M&A activities. Stastney previously spent more than 19 years as a partner in the Milwaukee office of the national law firm of Quarles & Brady, where his focus included securities, investment management, mergers and acquisitions, corporate finance, and financial institutions. During his tenure, Stastney served as the chair of Quarles & Brady's Investment Management Practice Group, serving broker-dealers, investment advisers, hedge funds, family offices, and private equity firms across the nation. Stastney has extensive experience counseling boards of directors and executive officers at public and private companies regarding complex corporate governance and compliance matters, and served for over five years as corporate secretary to an NYSE-listed public company. Stastney is a frequent speaker and commentator on legal and compliance issues facing the investment management community and serves as a guest lecturer on securities laws to the University of Wisconsin Law and Entrepreneurship Clinic. Stastney earned his law degree from the University of Minnesota Law School and his BS in Political Science from the University of North Dakota.
About RueOne Investments, LLC:
RueOne Investments, LLC is an alternative asset manager offering institutional and qualified investors à la carte access to direct investment opportunities on a deal by deal basis. Its institutional quality platform features compelling deals, managed by top investment talent as well as a best-in-class infrastructure. Founded in 2016 by Jeff Baehr, the firm's investor-friendly approach provides greater fee transparency, an alignment of incentives through a principal investment in every deal, and the ability for investors to take control of their investments by investing directly in carefully curated deals rather than in funds. RueOne offers a diverse range of individual investment opportunities such as a single private equity or mezzanine debt obligation – not funds. RueOne is not a placement agent or a broker-dealer, and because they share in the economics with partner asset managers, investors will never pay more to invest with RueOne. To learn more about RueOne Investments, please visit www.rueone.com.
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