Kelly Williams
Managing Director, Private Banking & Wealth Management, Credit Suisse
With its announced $200 million-plus purchase of the Credit Suisse Customized Fund Investment Group, Grosvenor Capital Management will not just nearly double its assets under management, it also will gain the services of one of the most high-profile names in private equity and fund-of-funds management in Kelly Williams.
Williams will be joining Grosvenor as president of the CFIG unit, which will operate as a subsidiary of the Chicago-based hedge fund. The unit is Grosvenor's first foray into private equity, an area that Williams, an attorney, has worked in for much of the past two decades at Credit Suisse, DLJ and Prudential Financial. Grosvenor in fact will be CFIG's third home since 1996. Williams formed the asset management unit while at Prudential and remained head of the unit as it moved in 2000 to DLJ, before the subsequent merger of DLJ and Credit Suisse.
Williams is a mentor to minority MBA graduates serving as fellows at the Robert Toigo Foundation. She is also a founding board chair of the Private Equity Women Investor Network.
