Stonybrook Capital, an insurance sector-focused merchant and investment banking firm, has established a new Ventures Division and appointed Sandra Familet to lead it.
The division will aim to combine Stonybrook’s various investment fund initiatives under a single umbrella, bringing a more focused and coordinated approach to this area, the company said.
Familet joins Stonybrook as a Strategic Advisor and will serve as President of Stonybrook Ventures, according to Joseph Scheerer, Principal and Managing Director.
He commented: “With more than 25 years of experience in investment banking and capital raising for alternative and traditional asset management firms, Sandra Familet brings best practices as President of Stonybrook’s thriving Ventures Division which offers clients enhanced services to the fund placement process and a keen focus on investor relations for insurance-related funds.”
Familet recently founded her own independent institutional marketing intelligence and third party placement firm, an affiliate of Weild & Co., before which she served as a Director and Senior Distribution Banker in Merrill Lynch’s Investment Banking Division in the Private Equity Funds Group.
From 1998 to 2003 she was one of the first capital raisers for BlackRock, and she previously worked as was a Derivatives Sales Trader for Goldman Sachs, where she was responsible for the creation and marketing of new products.