Artico Search Recruits Leader for Newly Formed Night Capital
September 22, 2022 – Mercedes Chatfield-Taylor, co-founder of Artico Search, recently recruited Alexandra K. Moore as the founding managing director of a new investment company, Night Capital, which was recently launched by The Chernin Group (TCG) and digital talent-management and media firm Night Inc.
In addition, TCG has invested an undisclosed sum in Night to “further accelerate Night’s growth as the leading next-generation talent representation platform,” the company said. With the stake, TCG co-founder and partner Mike Kerns will join the board of Night.
Night Capital, which has funding commitments of $100 million from TCG, is focused on acquiring majority interests in “consumer-facing companies in partnership with leading talent,” the companies announced. The firm said it will team up with creators who “will be key partners in driving the strategic vision and future business growth,”— modeled on the business ventures of MrBeast, aka Jimmy Donaldson, who has launched a national burger chain and a games company.
Founded in 2015 by former sports agent Reed Duchscher, Night Inc. represents some of the largest digital creators in the world, including YouTube creator MrBeast, who recently surpassed 100 million subscribers and is estimated to be 2021’s highest-earning YouTuber, raking in $54 million last year. Other Night clients include ZHC (24 million subscribers) and Safiya Nygaard (9.5 million subscribers). In addition to its talent-management business, the company has launched Night Studios, an original content studio, and Night Ventures, a $20 million seed-stage investment fund.
“Night Capital will be a unique new investment vehicle enabling creators to be true equity owners and participate in building long-lasting enterprise value,” said Mr. Duchscher. “Alex is the perfect addition to the Night executive team. Her dealmaking and operational experience in the entertainment industry will be invaluable to Night Capital and the talent we represent.”
Related: Artico Search Recruits Chief Marketing Officer for Veeam Software
TCG was founded by Peter Chernin, Jesse Jacobs, and Mike Kerns. The firm focuses on majority and significant minority investments in “growing consumer businesses.” The TCG investment portfolio includes Crunchyroll, Dapper Labs, Exploding Kittens, Food52, Goldin Auctions, Headspace, Hodinkee, OpenSea, Oura, The Pro’s Closet, and Zed Run.
Experienced Search Consultants
With offices in San Francisco, New York, and Austin, TX, Artico is off to one of the fastest starts among boutique search firms in recent memory. Ms. Chatfield-Taylor co-founded Artico with Matt Comyns, a cybersecurity leadership expert, to lead the firm’s rapidly expanding growth executive search team. Given the billions of dollars flowing into venture capital and private equity investments these days, as well as the ever-present threat of cybersecurity breaches, the founders expect big growth acceleration ahead. Ms. Chatfield-Taylor has completed over 75 CEO searches as well as partner, principal, and other CXO level assignments.
Artico Search Launches to Help Companies Build, Scale and Protect
No one could argue that Mercedes Chatfield-Taylor and Matt Comyns, both of whom recently departed from Caldwell to co-found their own executive search firm, Artico Search, are anything less than ground-breaking search leaders. They are both among the very best in their respective specialties, recruiting some of the most sought after, and costliest, hires in the search industry and building successful practices and teams in their areas of specialty. In joining forces, they are looking to create a powerhouse search brand that reflects their experience, passion, and core values focused on delivering the people to drive change and transformation in the tech industry.
Ms. Chatfield-Taylor’s team focuses on executive-level search for scaleup venture capital and private equity-backed technology companies. The team has deep expertise in global enterprise software, data and consumer internet businesses. Ms. Chatfield-Taylor is deeply passionate about the importance of diversifying the industry, with a full 53 percent of her placements tracked since 2019 being underrepresented executives.
Ms. Chatfield-Taylor’s team focuses on executive-level search for scaleup venture capital and private equity-backed technology companies. The team has deep expertise in global enterprise software, data and consumer internet businesses. Ms. Chatfield-Taylor is deeply passionate about the importance of diversifying the industry, with a full 53 percent of her placements tracked since 2019 being underrepresented executives.
Related: Artico Search Recruits Chief Technology Officer for connectRN
Contributed by Scott A. Scanlon, Editor-in-Chief; Dale M. Zupsansky, Managing Editor; and Stephen Sawicki, Managing Editor – Hunt Scanlon Media
