Pomona hires former AIG Investments executive

The US secondaries, fund of funds and co-investment firm has brought on Jordan Robinson for product development and made additional senior hires for secondary investment and the Asian fund of funds team.

New York-based secondaries and fund of funds investor Pomona Capital has hired former AIG Investments’ vice president Jordan Robinson as a managing partner.

Robinson will head the firm’s product development, marketing and distribution. He was previously a vice president in AIG Investments’ $30 billion private equity strategies group in a similar function.

AIG Investments, the asset management arm of government-salvaged insurance giant American International Group, is currently for sale along with the majority of AIG’s business lines. The proceeds of all divestures will go towards repaying an $85 billion loan from the US government and addressing AIG’s capital structure going forward.

Pomona also recently hired Gregory Walters and Haijoung Kim. Walters, who joined Pomona from secondary investment firm VCFA Group, will focus on sourcing and analysing secondary investments.

Kim is based in Hong Kong and is a vice president focusing on fundraising and investment for Pomona’s Asian fund of funds. Kim was previously a senior investment manager for private equity in the alternative investments division of Seoul, Korea-based Samsung Life.

The Asian fund of funds closed in 2008 and is a joint venture between Pomona and the asset management arm of Dutch bank ING under the leadership of chief investment officer Dandan Liu.

Pomona has roughly $6 billion under management across its secondaries funds, fund-of-funds and co-investment funds.