NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ("Star Mountain"), a specialized alternative asset manager focused exclusively on the U.S. lower middle-market (generally companies with between $10 million and $150 million in annual revenues), is pleased to announce that James “Jim” McIntire has joined as a Senior Advisor.
James McIntire has had a distinguished forty-year career in government policy and finance. Most recently, Mr. McIntire served two terms as Washington State Treasurer from 2009 to 2017. As Treasurer, Mr. McIntire was responsible for $400 billion of transactions per year, a $21 billion debt portfolio, investments of $18 billion of assets and public deposits of $6 billion. Mr. McIntire is also the immediate past President of the National Association of State Treasurers.
Mr. McIntire served three terms as Chairman of the $110 billion Washington State Investment Board. The Washington State Investment Board manages investments for 17 retirement plans for public employees, teachers, school employees, law enforcement officers, fire fighters and judges and has nearly $20 billion allocated to private equity investments.
Mr. McIntire is the former Director of the Fiscal Policy Center at the University of Washington and served on the faculty of the University’s School of Public Policy and Governance for 25 years. Mr. McIntire also served in the Washington State House of Representatives from 1998 to 2009. He began his career working in the U.S. Senate for Hubert Humphrey (the 38th Vice President of the United States) and served as a policy advisor to congressional committee chairmen and Washington governors. Mr. McIntire holds a BA in Urban and Regional Affairs from Macalester College, an MA in Public Policy from the University of Michigan, and a Ph.D. in Economics from the University of Washington.
“Jim brings a wealth of knowledge and experience to help us educate public pensions and other large institutional investors on the merits and opportunities in the U.S. lower middle-market where many high quality businesses are seeking growth capital,” said Brett Hickey, Star Mountain’s Founder & CEO. “We are honored to have Jim help us continue to build a leading asset manager and bridge the gap for investors to access the lower middle-market in a high quality, scalable and fee-efficient manner.”
“It is a pleasure to join Star Mountain which serves a double bottom-line purpose of creating attractive risk-adjusted and absolute returns while also being a value-added investor to growing U.S. small and medium-sized businesses, helping create and sustain high quality jobs in America,” said James McIntire. “Star Mountain has built a distinctive platform providing large institutional investors with the scale, quality and governance requirements to invest in an attractive marketplace that is generally very challenging to properly access.”
ABOUT STAR MOUNTAIN
Investing in the Growth Engine of America ® – Star Mountain Capital is a thought leader and specialized lower middle-market asset management firm. It has a differentiated business model and “Collaborative Ecosystem” including its three-channel approach to investing into small and medium-sized businesses via Direct Investments, Strategic Primary Fund Investments and Secondary Fund Investments.
Star Mountain Charitable Foundation is a New York not-for-profit 501(c)3 focusing on improving lives through Economic Development (including job creation, education and internships) and Health & Wellness (including cancer research).