Explaining the new appointment of David Ratzker as the new head of NIR’s structured equity investments, Corey Ribotsky said, “With Bank of America recently raising over 13 billion though a similar structure, it is clear that this is the best environment for this strategy that I have seen in 15 years. David is uniquely qualified and we are confident he will identify attractive investment opportunities.” Ratzker responded, “I’m excited to join a pioneer in the direct investment space and I look forward to contributing to the firm’s continued success.”