Sixpoint Partners has opened an office in Austin, Texas, and hired a managing director to lead the branch, sister publication Private Equity International has learned.
The New York-headquartered mid-market placement agent and secondaries advisory firm hired Matthew Mitchell from placement agent Champlain Advisors where he had been a partner. Mitchell will help strengthen Sixpoint’s origination and sourcing activities in the region and focus on energy, real assets and infrastructure opportunities, the firm said.
This marks Sixpoint’s expansion into the real assets sector, after having raised capital for funds in mid-market buyout and credit sectors.
At his previous position, Mitchell sourced fundraising opportunities in buyout, credit, growth, energy and infrastructure for 11 years. Before then, he was an associate at Lehman Brothers in Dallas, according to his LinkedIn profile.
“The addition of Matt and the expansion of our platform into real assets with a focus on energy and infrastructure is a reflection of our continued growth, ambition and vision to build Sixpoint into a diversified global advisor across asset classes in the alternative investment industry,” Sixpoint founder and partner Eric Zoller said.
The opening of the Austin offices follows Sixpoint’s launch of its Hong Kong office in October, along with a managing director to lead the Asian branch, as previously reported by PEI.
More recently, Sixpoint served as the exclusive placement agent for Huron Capital, which closed its sixth investment vehicle, Huron Fund V, on its $550 million hard-cap in February, as reported by PEI.
Sixpoint now has five locations in New York, Chicago, San Francisco, Hong Kong and Austin, according to its website, and celebrates its 10-year anniversary this year.