(April 19, 2018) Glocap Search recently named investment management veteran Annette Krassner as its new CEO. She succeeds founder Adam Zoia, who will remain chairman of the firm.
The hiring of Ms. Krassner brings a proven leader, relationship-builder and domain expert to Glocap to continue its core advisory principles, said the firm. “Annette is superbly qualified to succeed me as CEO,” said Mr. Zoia. “She has hands-on experience with hundreds of major financial services clients and has built incredible relationships with industry decision-makers and its most talented professionals.”
Ms. Krassner most recently served as partner and chief administrative officer for Pine River Capital Management, a multi-strategy hedge fund managing $16 billion at its peak. She previously created and managed the hedge fund consulting services business at Goldman Sachs, where she was a managing director in the securities division. In addition to being considered a thought leader in the financial services industry, Ms. Krassner has also been a staunch supporter of diversity and women’s empowerment in the workforce. She is an active participant and supporter of 100 Women in Finance and was named among the Hedge Fund Journal’s “50 Leading Women in Hedge Funds 2013.” She also serves on the UJA Women’s Executive Circle Committee.
“With her experience founding Goldman Sachs’s premier hedge fund prime brokerage consulting offering and who served as a partner and the chief administrative officer at one of the world’s largest hedge funds, Annette brings not just her high-touch approach, but also a successful track record in managing teams and a holistic view of the entire process of talent recruitment,” said Mr. Zoia. “I could not be happier to have her lead Glocap into its next chapter of expansion.”
“Together with the innovation Adam is spearheading, I look forward to ensuring that Glocap continues to provide top-tier talent to our high performance roster of clients,” said Ms. Krassner. “Artificial intelligence and data science are improving and transforming how we do business, but the ‘last mile’ of completing the match between a candidate and client still depends on the human insight that has always been a strength of Glocap’s business model.”
“My philosophy is simple,” she added. “No.1, make every client feel like we are an extension of their team by treating their firm like it’s our own. And No.2, treat every candidate as a partner as we invest in their careers and in the search to find them the right opportunity.”
HR Tech Businesses
Mr. Zoia will expand his role in leading both HR tech businesses Stella.ai Inc. and CompIQ Inc. Stella, based in Silicon Valley and New York City, has raised $12.5 million in funding and is a “shared talent network” for the Fortune 500. It leverages AI to connect recruiting teams in a network across companies to dramatically reduce the time and cost of hiring. Stella has over 100 companies in the network including 50 of the Fortune 500.
CompIQ is a New York-based enterprise software company also with outside funding that similarly employs big data and machine learning to provide employee-by-employee, customized compensation benchmarking data to ensure clients are making competitive compensation strategy decisions. The CompIQ platform is also a compensation management, reporting and compliance system and is used by many of Glocap’s clients.
Established in 1997, Glocap Search serves the specialized recruiting needs of clients in various industries, and has made over 15,000 placements. The firm partners with select private equity funds, hedge funds, investment banks, fund of funds, consulting firms, real estate, media and entertainment, and other industry clients to fulfill their needs across functional areas. Glocap has dedicated and specialized teams of search consultants who place investment, marketing, compliance, human resources and legal professionals as well as COOs, CFOs, bankers, consultants, programmers and administrative assistants.
Glocap recently expanded into the digital media sector. The firm connects start-ups and high growth companies who are looking for creative and digital talent across media, advertising, marketing design, and technology.