Howard Weiss, former senior VP and CFO at Castle Harlan, has joined Stella Point, a mid-market private equity firm co-founded by Justin Wender, Castle Harlan’s president from 2006-2010.
The Colombian firm’s third fund is expected to hold a first close in August amid regulatory changes that have freed up more investment for alternative assets.
The Miami-based private equity firm known for investing in family and founder-owned businesses will be seeking non-control investments in addition to their traditional buyout strategy.