The Cresset family of companies, headquartered in Chicago, has appointed Gabriel Garcia as managing director, corporate development, and Matt Mongia as managing director, private capital, the company announced yesterday.
Both Garcia and Mongia will play key roles in scaling the firm’s business.
Garcia will lead the corporate development team, which seeks out culturally compatible RIAs as partners, as well as advisor teams. He most recently served as managing director, head of business management and strategy for E*Trade Advisor Services. Garcia has a B.A. degree in finance from Radford University.
Mongia will source, structure and lead investments for Cresset, with particular focus on making minority investments in growing RIAs and asset management businesses. Prior to joining Cresset, Mongia founded SharpVue Capital, an investment management affiliate of Medical Mutual Insurance Company of North Carolina. He received his B.A. degree in political science from Duke University.
Cresset also recently welcomed Michael Goldman as associate at Cresset Private Capital. Goldman previously served as an investment banking analyst for the financial institutions group at Oppenheimer & Co., and as an M&A associate at Focus Financial Partners.