Tuatara Capital Announces Formation of Senior Advisory Board
Tuatara Capital's senior advisory board brings decades of experience in evaluating direct investments in private and public companies, marketing and product development, and restructuring organizations.
NEW YORK, Oct. 15, 2019 /PRNewswire-PRWeb/ -- Tuatara Capital, L.P. ("Tuatara"), an SEC-registered private equity firm investing exclusively in the legal cannabis industry, with more than $350 million under management, today announced the formation of its inaugural senior advisory board. Tuatara appointed its initial four members, highlighted below, and plans to announce additional senior advisors in the coming quarters.
Richard Taney is the former President and Chief Executive Officer of Curaleaf, Inc., a leading vertically-integrated medical and wellness cannabis operator with dozens of locations in the United States. He has over 30 years of professional experience in public and private finance, executive management and operations and, for over a decade, has been exclusively involved as a senior executive in the cannabis industry.
Michael Faber is President and Chief Investment Officer of NextPoint Management Company, a single family office. Faber has over two decades of extensive experience investing in, operating and advising large multi-national and emerging growth companies, as well as advising large single family offices on issues involving direct investing, asset manager selection/oversight, trust and estate planning and social philanthropy
Peter Caldini is the former Regional President North America for Pfizer Consumer Healthcare, one of the premier pharmaceutical and consumer healthcare companies. He has over 25 years of experience in the consumer healthcare industry with multinationals Pfizer, Bayer, and Wyeth. He has extensive global commercial experience having led business operations across North America, EMEA, LATAM, and AsiaPac.
Kenneth Berklee is the former Vice President of Government Programs Marketing at Anthem, Inc., where he led marketing and member acquisition and retention campaigns for its $50 billion Medicaid and Medicare division. He has 30 years of healthcare-focused experience in management consulting, strategy, marketing, and product development at Anthem, Aetna, and PriceWaterhouseCoopers.
In total, Tuatara's senior advisory board collectively brings decades of professional experience and expertise in operating and investing in private and public companies, product development and marketing, business development and strategic partnerships, and financial and operating restructuring.
"We are thrilled to have a team of industry veterans who bring decades of professional experience that can positively support our growing portfolio companies and expanding firm," said Al Foreman, a Partner and the Chief Investment Officer of Tuatara. "With the addition of Rich, Michael, Peter, and Ken, we are confident that Tuatara will continue to lead the industry in its next stage of growth and advancement as global support for the cannabis industry continues to accelerate."
"I have known the Tuatara team for a numbers of years and admire their disciplined investment process and the diversified portfolio of assets that they have assembled. I look forward to contributing to the company's continued success in this exciting industry," said Taney.
Faber added, "The Tuatara team has proven results with more than 13 successful portfolio companies involved in cultivation, extraction, distribution, retailing, brand creation, and bio-synthetic production of cannabis. These companies are becoming large and profitable businesses that are the future market leaders in the U.S. and globally."
About Tuatara Capital
Tuatara Capital, L.P. is a specialized alternative investment manager founded in 2014 to support the legal cannabis industry. Tuatara currently manages over $350 million in cannabis-focused assets and is making long-term investments into market-leading companies who benefit from the growth trends of the legal cannabis industry. With an investment philosophy centered around partnership, Tuatara works alongside management teams to provide strategic, financial, and operational support to help navigate the rapidly evolving regulatory and commercial frameworks. In doing so Tuatara seeks to create positive economic impact and long-term value for our investors, our portfolio companies, and the communities that we help to support.
For more information about our firm please visit http://www.tuataracapital.com or contact HK Lee by email: [email protected].
SOURCE Tuatara Capital
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