Renald “Ray” Durand joined Star Mountain Capital as director of finance. Durand has experience across finance, accounting and fund administration and will join Star Mountain Capital’s finance and operations department, which is led by CFO Chris Gimbert.
“Having been part of Star Mountain’s growth since inception, I am proud of the Star Mountain team’s continued focus on providing the highest quality of service to our stakeholders,” Gimbert said. “Ray’s unique credentials as a CPA, CFA and CAIA member coupled with experience at leading institutions such as JPMorgan, Credit Suisse and Ernst & Young will bring additional talent to the team as we continue Star Mountain’s growth and service to our investors.”
“Having been involved in private equity fund services at large institutions and having worked with many large investment firms, I find Star Mountain’s infrastructure to be high caliber within an entrepreneurial firm focused on a differentiated end of the market,” Durand said. “I look forward to joining the collaborative and team-centric culture of success at Star Mountain, where transparency with investors and service to the community is paramount.”
Durand is the second person that Star Mountain Capital has hired from JPMorgan Chase this year. John Ide joined as a managing director in July after spending the bulk of his career (22 years) at JPMorgan Asset Management, the more than $2 trillion assets-under-management investment manager that is part of JPMorgan Chase.
Durand was most recently a vice president at JPMorgan Chase in the private equity fund services division in New York, where he managed a team of 12 and was a participant in hosting diversity, equity and inclusion (DEI) awareness events. Prior to JPMorgan Chase, Durand was a vice president at global fund administration firm Maples Group in the Cayman Islands and in Hong Kong. This followed roles as senior fund accountant at Credit Suisse and account manager at Global Captive Management, also in the Cayman Islands. Durand started his career as an auditor at RSM Richter Chamberland and then as a senior auditor at Ernst & Young.
Star Mountain Capital is a specialized investment manager with more than $2 billion in assets under management.
