Solomon Partners, a financial advisory firm and independent affiliate of Natixis, appointed Arik Rashkes as a partner and group head, responsible for leading and building out a broader coverage effort within the financial institutions sector. With the addition of the financial institutions group, Solomon now operates 12 industry groups with over 30 discreet sub-segments.
“Launching a financial institutions group aligns with our mission to expand and serve clients across a diverse set of industries,” Marc Cooper, CEO of Solomon Partners, said. “We are honored to have Arik, a highly respected expert in the financial services field, join us to lead this new initiative.”
Rashkes brings over 25 years of experience to Solomon Partners. He joins from Houlihan Lokey, where he served as co-head of U.S. financial services and head of insurance. In these roles, he advised numerous Fortune 500 and international companies, mid-caps, entrepreneurs and private equity investors. His previous experience includes positions at Blackstone Advisory Partners, where he focused on M&A transactions in the insurance sector, and Deutsche Bank in the financial institutions group, where he executed multinational and cross-border transactions for insurance companies. He began his career at Citi in 1999.
“Arik epitomizes the strengths Solomon Partners is known for,” Cooper said. “He is among the foremost experts in the insurance industry, an exceptionally talented banker, and a true trusted advisor. His impressive track record of orchestrating complex transactions across the insurance sector speaks for itself.”
“There is a tremendous opportunity to build a first-class Financial Institutions Group at Solomon, and I am excited to lead this effort,” Rashkes said.
Rashkes earned a BA in business administration from the Arison School of Business at Reichman University in Israel and an MBA from Columbia Business School.
