Monument Group Celebrates 20th Anniversary
BOSTON, 18 JUNE 2014 – Monument Group, a leading independent alternative investment fund placement agent, recognized 20 Years of Excellence in Global Private Placement on June 10 with a gathering of prominent industry leaders at the Boston Public Library. The anniversary celebration brought together more than 150 colleagues from the General and Limited Partner communities, with which Monument Group has worked over the years.
“We were delighted to share this milestone with our clients and the industry,” said Alicia Cooney, co-founder of Monument Group. “This was an ideal moment to celebrate our history with everyone who has contributed to our success and as we look forward to expanding our presence globally.”
Over the past 20 years, Monument Group has helped its clients to raise 66 funds—over $75 billion of equity, with a variety of investment strategies. Currently the team is focused on raising five funds with a target of over $5.5 billion of equity.
“Our anniversary symbolizes the continued growth of Monument Group, as this year also marks our expansion into Asia with two new offices in Hong Kong and Tokyo,” said Bob Mast, Partner at Monument Group. “As Asian investors become an increasingly important source of capital for our clients, and Asian fund managers are gaining relevance with investors globally, it became essential for us to have a local presence there.”
Monument Group was launched in 1994, and now has a team of 29 professionals, including 13 Partners who average 21 years of industry experience. Headquartered in Boston, the firm established roots in Europe with a London office in 2005 to work more closely with Europe based clients and investors. Monument Group’s new offices in Asia are expected to expand upon the firm’s relationships through the coming years as those markets are poised for growth in alternative investments.
“As Monument Group looks ahead to many more years of excellence, we will continue to build on our principal strength – our buy-side heritage and longstanding alternative investment experience and relationships,” said Cooney. “Thank you to our clients and investors, who have helped to shape our firm and encouraged us to grow into industry leaders.”
About Monument Group
Monument Group is a leading, independent private fund placement agent managed by a senior team with significant buy-side investment heritage. Since its inception in 1994, Monument Group has assisted clients around the world in raising 66 funds with 37 repeat clients, totaling over $75 billion of equity against an aggregate target of $72 billion. These clients represent a broad range of investment strategies including buyouts, debt, distressed, energy and natural resources, growth, infrastructure, and real estate.
