DALLAS--(BUSINESS WIRE)--Redpoint Capital Group, LLC (“Redpoint”), an alternative investment company focused on providing financing solutions to companies in the Specialty Finance and FinTech sectors, announced today that it has added Alex Dunev as a Managing Partner. Alex will be responsible for driving Redpoint’s strategic priorities, including sourcing new investment opportunities and raising capital to deploy into Redpoint’s investment strategies. Alex will also manage Redpoint’s office in Westport, Connecticut.
“We are excited to announce the addition of Alex to the Redpoint team and believe he will be able to contribute immediately to our strategy and continued evolution of the Redpoint brand in the institutional marketplace,” said Andy Thomas, Managing Partner and Founder of Redpoint. “Alex is a market veteran with deep industry knowledge and unique perspectives on the Specialty Finance and FinTech industries. His expansive network of Corporate and Institutional relationships will complement our existing sourcing and financing partners.”
Alex was previously a Managing Director in the Investment Banking Division at UBS, leading the bank’s Specialty Finance efforts in the Americas. Prior to UBS Alex also covered Specialty Finance companies at Morgan Stanley and Credit Suisse. Over his career, he has been involved in numerous transactions across M&A, IPOs and other forms of capital raising. “Redpoint has long been a top provider of financing solutions, and I'm thrilled to join Andy and his group to further expand Redpoint’s reach,” said Dunev who holds both a B.S. and a MBA from Boston College.
This is Redpoint's second recent senior hire further expanding the firm’s structured finance capabilities in 2017, following the addition of Clayton Huffstutter as Head of Capital Markets in January.
“The addition of both Alex and Clay represents an important milestone in Redpoint’s long-term growth strategy and establishing its originations platform beyond the traditional consumer finance market,” said Thomas.
About Redpoint Capital
Redpoint Capital Group, LLC is an alternative investment company focused on managing and deploying capital into Specialty Finance and FinTech markets through asset-based lending transactions. Redpoint focuses on delivering attractive risk-adjusted returns to its clients through privately negotiated deals with middle market companies. Our firm is managed by experienced executives with decades of experience operating finance companies, investing capital as lenders and investors, and advising companies across capital markets activities.