KRG Capital loses CFO

Mid-market buyout firm KRG Capital Partners has lost its chief financial officer, Kate Matheny, to social impact firm One Thousand & One Voices.

Matheny, who will be based in One Thousand & One Voices’ Denver headquarters, has more than 20 years of accounting, tax, treasury and finance experience, and started her career in public accounting, assisting clients with due diligence and mergers and acquisition projects.

Prior to KRG, Matheny worked as the chief accounting officer and director of tax at Black Creek Capital, a private equity firm focused on real estate development throughout Mexico.

Both KRG and One Thousand & One Voices did not immediately respond to requests for comment.

One Thousand & One Voices is a ‘movement of influential families’ which launched at the World Economic Forum on Africa last May. The firm opened its first sub-Saharan office in Johannesburg last September and hired three local dealmakers to staff it.

The stated aim of the initiative is to provide an alternative approach to philanthropy and impact investing for family offices in developing markets, using private investment to deliver social outcomes while also delivering financial returns for its members.

It claims to provide “three-dimensional capital” – long-term patient money, coupled with the knowledge and contacts of the families involved. Led by the family of Dr John Coors, CEO of ceramics manufacturer CoorsTek, it plans to raise an initial $300 million from wealthy families to invest in Africa.