Eaton Partners promotes three to partner

The placement agent, one of the few to raise capital for both private equity, real estate and hedge funds, has named three new partners in the business.

Eaton Partners, the Connecticut-based placement agent,  promoted three of its senior members to become partners. In addition, the firm has promoted five other professionals to managing directors.

The company, which has offices in the US, Asia and Europe, has elevated the staff as it finds itself in the middle of an expansionary drive to meet client demand especially outside the US, it said in a statement Wednesday.

Among those promoted to partner is Steven Eaton, who focuses on distributing the firm’s private equity, real estate and real assets offerings. Prior to joining Eaton Partners, he was a director at C6 Capital, a Moscow-based investor of renewable energy projects, where he was in charge of business development. Ulises Flores, who works on fund origination, screening, due diligence and packaging of various alternative products for distribution has also been made a partner. He has 16 years of financial services and corporate experience, ten of which have been spent in the private equity industry. During his time at Eaton Partners, he has covered primarily real estate, real assets and hedge fund strategies.

The third new partner is Chris Lerner who leads the origination of alternative funds for Eaton in Asia. Before joining Eaton Partners, he was a managing partner at Mercer Street Capital, an independent strategic advisory and investment firm.

Among the five other people to gain promotion is Joshua Barenbaum, who used to work for Kayne Anderson where he was vice president focused on direct mezzanine investing.