Daily News: May 19, 2017

Redpoint Capital Group Adds Dunev as Managing Partner

Redpoint Capital Group, an alternative investment company focused on providing financing solutions to companies in the specialty finance and fintech sectors, added Alex Dunev as a managing partner.

Dunev will be responsible for driving Redpoint’s strategic priorities, including sourcing new investment opportunities and raising capital to deploy into Redpoint’s investment strategies. Dunev will also manage Redpoint’s office in Westport, CT.

Dunev was previously a managing director in the Investment Banking Division at UBS, leading the bank’s specialty finance efforts in the Americas. Prior to UBS, Dunev covered specialty finance companies at Morgan Stanley and Credit Suisse.

“We are excited to announce the addition of Alex to the Redpoint team and believe he will be able to contribute immediately to our strategy and continued evolution of the Redpoint brand in the institutional marketplace,” said Andy Thomas, managing partner and founder of Redpoint. “Alex is a market veteran with deep industry knowledge and unique perspectives on the specialty finance and fintech industries. His expansive network of corporate and institutional relationships will complement our existing sourcing and financing partners.”

Over his career, Dunev has been involved in numerous transactions across M&A, IPOs and other forms of capital raising.

This is Redpoint’s second recent senior hire further expanding the firm’s structured finance capabilities in 2017, following the addition of Clayton Huffstutter as head of capital markets in January.