Cogent Partners

Last updated
Cogent Partners
Type Private Ownership
Industry Private Equity Secondaries
Founded2002
FounderColin McGrady, Scott Myers, Stephen Sloan, Ian Charles, and Brian Mooney
Headquarters Dallas, Texas, United States
Products Secondary Advisory, Research
Number of employees
46+ (2014)
Website www.cogent-partners.com

Cogent Partners is a boutique, private equity-focused investment bank and advisory firm and was one of the first advisory firms dedicated to transactions in the private equity secondary market (secondaries). [1] The firm, which was founded in 2002, [2] provides an array of sell-side advisory services such as secondary advisory, portfolio valuation and other research functions. Since inception, Cogent Partners has advised on over 5,639 limited partnership interests representing over $103 billion in private equity secondaries.[ citation needed ]

Contents

History

The firm was founded by former investment professionals from the Crossroads Group. Among its founders were Colin McGrady, Scott Myers, Stephen Sloan, Ian Charles, and Brian Mooney. Crossroads was a private equity investment manager investing primarily as a fund of funds. Within the secondary space, Crossroads was noted for its $340 million acquisition of a portfolio of direct investments in large- to mid-cap companies from Electronic Data Systems (EDS). [3] Since then, the firm has added a variety of professionals from various investment banking and management consulting backgrounds.[ citation needed ]

In April 2015, Greenhill & Co., Inc. (NYSE: GHL) finalized the acquisition of Cogent Partners which is now part of the Capital Advisory division of Greenhill and trades under the name of "Greenhill Cogent". [4]

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