CHICAGO--(BUSINESS WIRE)--Chicago Atlantic announced the appointment of former BlackRock executive Kushal Kshirsagar as Managing Director, Private Wealth Solutions. Kshirsagar will be responsible for bringing Chicago Atlantic’s private markets strategies to individual investors and their advisors.
Previously, Kshirsagar served various roles across BlackRock’s Multi Asset Strategies, US Wealth Advisory and iShares divisions, including Portfolio Manager of BlackRock’s US Income Models, Lead UHNW Portfolio Strategist for US Wealth Advisory and Head of Strategy & Business Development for iShares in Asia. Prior to BlackRock, Kshirsagar worked at UBS, Credit Suisse and Vanguard and received his PhD in Finance from UNC - Chapel Hill.
“I was drawn to Chicago Atlantic’s unique mix of underwriting expertise, analytical rigor, demonstrated track record and entrepreneurial spirit,” said Kshirsagar. “In a market crowded with undifferentiated private credit strategies that participate in the same sponsor-backed club deals, Chicago Atlantic stands out with its expertise in sectors and markets where there are structural reasons for an insufficient supply of capital.”
“Since, in these focus markets, the demand for capital persistently exceeds the supply, Chicago Atlantic provides its investors the potential to earn outsized returns over a multi-year period while maintaining rigorous underwriting standards,” Kshirsagar added.
“Dr. Kshirsagar is a remarkable talent. I’m excited to have him join our firm,” said Tony Cappell, Partner at Chicago Atlantic. “I’m confident he will contribute to our continued growth in a way that benefits our individual investors, their advisors and the companies we fund.”
Reach Kushal Kshirsagar at KKshirsagar@chicagoatlantic.com.
About Chicago Atlantic
Chicago Atlantic is a private markets alternative investment manager focused on industries and companies where demand for capital exceeds traditional supply. The firm’s private investment strategies include opportunistic private credit and equity, digital mining and impact investing, with focuses on loans to esoteric industries, specialty asset-based loans, liquidity solutions and growth and technology finance. Chicago Atlantic closed over $2.2 billion in credit facilities to date. Chicago Atlantic’s team of over 80 professionals has offices in Miami, Florida and Chicago, Illinois. For more information on Chicago Atlantic’s financing products, visit chicagoatlantic.com.
