Robertson Stephens Names President to Newly Established Subsidiary, Robertson Stephens Partners LLC
SAN FRANCISCO, August 13, 2015 — Robertson Stephens, a wealth advisory and investment management firm for high net worth individuals and families, announced today that Ren Riley has been named Managing Director of Robertson Stephens Advisors LLC, a member of its Executive Committee, and President of Robertson Stephens Partners.
Leveraging his global principal investment experience, Mr. Riley will lead the firm’s alternative assets effort which includes a Robertson Stephens-branded venture capital fund, a series of co-branded private equity funds and separate pooled asset vehicles. Mr. Riley is also responsible for developing Robertson Stephens’ private share secondary platform, as well as its merchant banking practice.
Mr. Riley has 20 years of experience in the financial services industry. Prior to joining Robertson Stephens in 2015, he spent 16 years at Oak Investment Partners, where he became a General Partner in 2006. His primary focus was in the Internet, mobile, and enterprise software and services sectors. Mr. Riley led or co-led investments in Centric Software, Gazillion Entertainment, Hipmunk, Lianlian Pay, Moxie, Photobucket, SmartDrive and Yoyi Media. Previous investments included Sutherland Global Services (Oak’s stake acquired by TPG Capital), Digital Media Group (acquired by VisionChina), iCrossing (acquired by Hearst), and Parlano (acquired by Microsoft). Positioned as a multi-stage, multi-sector venture capital firm, Oak has a long track record as an experienced investor in global technology markets. Mr. Riley was actively involved in Oak’s investment effort in China since 2005. He remains a Venture Partner of Oak, and currently sits on the Boards of Gazillion, Hipmunk, Moxie, Photobucket, and Yoyi.
“We are very excited to have Ren join our firm in such an important leadership role,” said Joe Piazza, Chairman and CEO. “Ren’s successful investment record and his years of experience as a General Partner of such a highly respected venture capital firm will be invaluable to us, not just as President of Robertson Stephens Partners, but across our other business units as well. Ren is a proven builder and leader,” added Piazza.
Prior to joining Oak, Mr. Riley was a Senior Associate with the original Robertson Stephens, where he worked in the corporate finance division and executed several public and private equity offerings as well as M&A transactions in the Internet, technology, business and information services sectors. Mr. Riley holds an AB in Government from Dartmouth College.
“The adage ‘you can never go home again’ has never rung true to me,” said Riley. “Since Joe decided to revive the firm, we’ve talked about me coming back. I am excited to join the executive team and help build the new Robertson Stephens. We’re challenging the traditional wealth management model – by conceiving a platform in which we can provide our clients access to the alternative asset class we not only create a powerful network effect, but we deepen our client partnership.”