Atlantic-Pacific hires fundraiser

The latest placement industry people moves include Credit Suisse director Sarah McFadden Sandström joining Atlantic-Pacific Capital.

Atlantic-Pacific Capital has named private equity veteran Sarah McFadden Sandström as a partner in the firm’s private funds business. 
In her new role, Sandström will be responsible for marketing private equity funds based in Europe. She will be based in Atlantic-Pacific’s New York office initially, but will transition to the firm’s London office within a couple of months.

“Being based in London ultimately, she’ll be in charge of all our European fundraises, as well as other non-US fundraises,” partner and chief financial officer Anthony Bossone told PEO. “Globally, [fundraising] is obviously still very difficult, but we’ve been fortunate that we’ve backed some very solid GPs with very credible and well received investment strategies and track records,” he said.  

Sarah McFadden

Sandström joined Donaldson, Lufkin & Jenrette's Private Fund Group in 1999, a year before the investment bank and financial services provider was acquired by Credit Suisse. In her 13 years at Credit Suisse/DLJ, where she was a director, Sandström led 15 fundraisings and played a key role in an additional nine transactions, aggregating over $29 billion in fund commitments. She has transaction experience in Europe, North America, South America and Africa.

In July, Atlantic-Pacific hired Citi fundraiser John Crocker as a partner in its private funds group. Crocker said at the time fundraising would continue to be challenging in the future. “Even those sponsors with in-house capabilities will need to hire advisors to effectively build a diversified and global investor base,” he said.

Atlantic-Pacific Capital has acted as placement agent and advisor on 55 transactions, raising around $40 billion in capital. Recent closings for the firm’s clients include DIF Infrastructure II, Riverside Partners IV and DRI Capital’s Drug Royalty II.