DARREN HENDERSON
REGIONAL MANAGING PARTNER, CORIENT
WHY: Newport Beach-based partner who helps oversee $150B RIA. Advises ultra-high net worth clients.
IN THE NEWS: Says clients typically investing in high quality municipal bonds that are as attractive as they’ve been in many years.
NOTABLE: Brigham Young University graduate with degrees in economics and English followed by MBA at Wharton School at University of Pennsylvania
QUOTABLE: “With valuations generally coming down in private equity last year, I suggest investments in selected venture capital funds and secondary private equity funds. I typically tend to avoid large buyout funds, favoring instead middle market buyout and growth equity, where I believe the best risk-reward tradeoff often lies. I’ve been very cautious in real estate broadly, but I am seeing clients investing selectively in key growth markets in multi-family and luxury hospitality and lending strategies.”
