Mercury Capital Advisors partner Erick Bronner has joined The Riverside Company to lead the firm’s investor relations department, the firm announced in a statement.
On 30 March, Bronner took over for Christine Croissant, who has taken a part-time role with the firm’s investor relations team. The investor relations team includes seven professionals and manages $3.4 billion across the firm’s four fund groups. Bronner will report to the firm’s chief operating officer, Pam Hendrickson.
Bronner was previously a managing director at placement agent Mercury, a firm he helped found when it spun out of Merril Lynch’s Private Equity Funds Group in 2009. Mercury and he parted ways in January, according to a market source. The split was described as amicable.
He joined Merrill Lynch’s private equity fundraising group in 2000. Bronner began his career as a public accountant at Arthur Andersen before becoming an investment banker with Citigroup Securities and later Merrill Lynch.
Bronner is not the only new face at Riverside. Earlier this month, the firm added three new members to its team, including chief compliance officer Jennifer Boyce, previously a partner at law firm Jones Day. Martin Scott joined the firm’s London office as a partner, having previously been a head of operations at KPMG, and operating partner Steve Stubitz joined the firm from American Capital.
In addition to its hires, the firm also promoted three people recently. Jon Kinney was bumped to managing director and Matt Dailey and Sarah Roth made partner.
Riverside was founded in 1988. The firm typically operates in the lower mid–market, targeting companies valued at up to $200 million.