Bob Alderman Joins Voya Investment Management to Head Business Development for the Pomona Investment Fund
Voya Investment Management, the asset management business of Voya Financial, Inc. (NYSE: VOYA), announced today that it has hired Bob Alderman as head of Business Development for the Pomona Investment Fund (PIF) on behalf of Pomona Capital, a Voya affiliate. Alderman is based in New York and reports to Troy Chakarun, senior vice president, head of Private Wealth & Advisory, Voya Investment Management.
“As one of the early pioneers to bring alternative investments to the wealth management segment, Bob adds tremendous experience and credibility to our overall efforts,” said Michael Granoff, founder and chief executive officer of Pomona Capital. “Initially, he will focus on the independent advisory channel along with developing business opportunities with regional and national broker-dealers and advisory firms.”
PIF is a 1940 Act registered investment vehicle designed to give accredited investors easier access to private equity investing. PIF offers investors the opportunity to invest in private equity with a focus on secondaries.
Prior to joining Pomona, Alderman held senior management positions in alternatives at Merrill Lynch, Credit Suisse Asset Management and most recently at Gold Bullion International where he was responsible for business development and global distribution of the firm’s precious metals offering to financial advisors and clients. As a member of the firm’s executive management team, he oversaw a group of specialists responsible for educating and training financial advisors on the use of precious metals as a portfolio component in maintaining and building long-term wealth.
PIF continues to build out its private equity portfolio, with 38 underlying partnerships currently held within the Fund, encompassing over 500 underlying portfolio companies. During the 4th quarter, the Fund closed on four new transactions, acquiring limited partnership positions in funds managed by Silver Lake Partners, Providence Equity Partners, Cerberus Institutional Partners, Bain Capital and others.
All investing involves risks of fluctuating prices and the uncertainties of rates of return and yield inherent in investing. All security transactions involve substantial risk of loss.
Your clients should consider the investment objectives, risks, charges and expenses of the Fund(s) carefully before investing. For a free copy of the Fund’s prospectus or summary prospectus, which contains this and other information, visit us at www.voyainvestments.com or call (800) 992-0180. Please read prospectus carefully before investing.
Voya Investments Distributor, LLC, 230 Park Avenue, New York, NY 10169
About Pomona Capital
Pomona Capital is a global private equity firm that has approximately $9 billion in capital commitments across its sponsored-funds and separate accounts since being founded in 1994. Pomona was one of the earliest secondary market investors, establishing itself as a pioneer in the marketplace. Pomona also manages a nearly $3 billion business making primary investments in private equity funds as a strategic complement to the secondaries business. Pomona has collectively invested in partnership interests in approximately 700 private equity funds, diversified across the spectrum of private equity, with underlying investments in over 8,500 companies since inception. Pomona is led by a senior management team that has worked together since 1995.
The global team is comprised of over 45 experienced professionals based in New York, London and Hong Kong. Pomona’s capital capacity and global reach are enhanced by a strategic partnership with Voya Investment Management.
About Voya Investment Management
A leading, active asset management firm, Voya Investment Management manages, as of December 31, 2016, more than $211 billion for affiliated and external institutions as well as individual investors. With 40 years of history in asset management, Voya Investment Management has the experience and resources to provide clients with investment solutions with an emphasis on equities, fixed income, and multi-asset strategies and solutions. Voya Investment Management was named in 2016 as a “Best Places to Work” by Pensions & Investments magazine. For more information, visit voyainvestments.com. Follow Voya Investment Management on Twitter @VoyaInvestments.