Previously, O’Donnell served as Head of Private Equity with the Public Investment Fund of the Kingdom of Saudi Arabia, and prior to that was Head of Private and Opportunistic Investments for Kaiser Permanente
June 28, 2022 | PR Newswire
Cresset Partners announced today that it has hired Kevin O’Donnell as Executive Managing Director of its Private Funds Group, encompassing private equity, private credit, and venture capital. O’Donnell will lead Cresset’s platform for global private investing in external funds, co-investments and related opportunities, in partnership with leading third-party private asset managers.
O’Donnell brings more than 20 years of experience launching and scaling private market investment portfolios for large institutional investors and leading high-performing teams to deliver strong returns and alpha across global private market portfolios.
“I am thrilled to join a firm with such an experienced, deep bench of talent in the private markets space. Cresset’s growth in the past five years is inspiring, and its private investing platform is quite remarkable,” O’Donnell said.
O’Donnell most recently served as Head of Private Equity with the Public Investment Fund of the Kingdom of Saudi Arabia, one of the largest sovereign wealth funds in the world, where he led an $80 billion global private markets investment program. Prior to that he was the Head of Private and Opportunistic Investments for Kaiser Permanente, where he created and implemented a $20 billion private market program.
“Kevin brings extensive experience managing the private market investment portfolios for some of the most significant and sophisticated institutional investors in the world. We are honored to have him join the Cresset team,” said Cresset Co-Founder and Co-Chairman Avy Stein.