Arete Wealth has launched Arete Capital Partners, a dedicated investment banking division designed to expand the firm’s capabilities across capital formation, capital markets and corporate advisory services.
The new division formalizes and expands investment banking capabilities that Arete previously provided selectively based on individual client and transaction needs.
Arete Capital Partners will focus on growth-oriented companies, private businesses, financial sponsors and institutional clients while drawing on the broader resources of Arete Wealth’s diversified financial services platform.
Renny Kuruvilla will lead the division as Head of Corporate Finance. He has more than two decades of experience across investment banking, equity capital markets, institutional sales and transaction execution.
Kuruvilla previously held senior positions at B. Riley Securities, Newbridge Securities, NOBLE Capital Markets, IFS Securities, Euro Pacific Capital and Roth Capital Partners. Most recently, he served as Managing Director at Newbridge Securities and previously spent four years as Managing Director of Investment Banking at B. Riley Securities.
Arete Capital Partners will provide services spanning public and private capital markets, mergers and acquisitions and strategic corporate advisory.
Its capital markets services will include IPOs, follow-on offerings, registered direct offerings and other public-market transactions.
Private market capabilities will include private placements, debt financing, structured capital, mezzanine financing, PIPE transactions and convertible securities.
The M&A practice will advise on buy-side and sell-side transactions, divestitures, management buyouts and cross-border deals. Corporate advisory services will include strategic alternatives, valuations, capital structure optimization, shareholder optimization and board advisory.
Arete Wealth manages more than $8 billion and operates a platform spanning a broker-dealer, registered investment advisory business, alternative investments, capital markets resources and a national network of internal and external financial professionals.
Arete Capital Partners plans to focus on emerging growth companies across technology, healthcare, financial services, real estate, consumer, industrials, energy, business services, alternative asset management and specialty finance.
The division will emphasize senior banker involvement, customized transaction structures, access to institutional and Arete private capital and longer-term relationships extending beyond individual transactions.
Arete Wealth was founded in 2007 and serves financial advisors, institutions and high-net-worth investors across the U.S.
KEY QUOTES:
“Arete Capital Partners represents an important next stage in the growth of our firm. We have built a financial services platform focused on providing investors with access to compelling investment opportunities via curated relationships with best in class Sponsors and Issuers. Establishing a dedicated investment banking division under Renny’s leadership expands Arete’s corporate finance and capital formation capabilities while creating new and differentiated investment opportunities for our investors.”
David Levine, CEO of Arete Wealth
“Companies today need more than just access to capital. They need experienced partners who understand how capital strategy, transaction structure and long-term growth fit together. Arete has built a unique platform from which we can provide senior-level investment banking expertise while drawing upon a much broader financial services ecosystem. I see tremendous opportunity to build Arete Capital Partners into a differentiated investment banking platform and trusted long-term partner to our clients.”
Renny Kuruvilla, Head of Corporate Finance at Arete Capital Partners
