Is PCD a placement agent?
No. PCD is not a placement agent. PCD is not an intermediary concerning the offer or sale of securities. Its compensation is neither commission-, nor success,- nor transaction-based.
How many fund managers have worked with PCD?
Since 2018, PCD has worked with 60+ fund managers introducing those GPs to LPs in 80+ cities on 6 continents.
Does PCD host conferences?
Where is PCD based and what are the operating hours?
Does PCD organize U.S. Government Certified Trade Missions?
No. We work with fund managers globally and do not organize U.S. government-specific missions.
Having said that, on a bespoke basis, we leverage our deep knowledge of the U.S. government abroad to organize single fund manager promotions through our embassies.
Is it correct that Randy Mitchell (Founder of PCD) created the U.S. Government Certified Trade Mission initiative for U.S. GPs?
Yes. That is correct. Randy Mitchell spent 13 years in the U.S. Government where in 2004 under the first George W. Bush Administration he was the civil servant posted to a new role advocating for and promoting the U.S. private equity and venture capital sector. In March 2010, working with Renae Griffin as the private sector organizer of the first Certified Trade Mission, a GP delegation set off spanning the globe meeting LPs.
Are there any unique programs to be aware of?
Yes, for example in October 2020, we organized and executed the first Israeli virtual trade mission on the advent of the Abraham Accords to introduce Israeli GPs to UAE, Bahrain, and Qatar-based LPs.
In 2018, we launched an annual Women in Private Capital PartnerQuest to introduce women GPs to LPs.
Do you organize country-specific bespoke activities?
In November 2022, the Government of Japan is cooperating with us toward a GP visit to Tokyo, while also planning with us an LP visit to Japan in 2023.
In February 2023, we will host a delegation of India-based GPs to travel across the USA meeting LPs
Chief Development Officer
Thanks to the foresight of George W. Bush Administration official's Doug Baker and Grant Aldonas, for the first time, a federal civil service position was created to oversee trade strategy for the private equity and venture capital industry. With a blank canvas, as the U.S. Government Representative for the Private Equity and Venture Capital industry, Randy set out to design an initiative to drive inward flows of committed capital to U.S. GPs by way of trade missions. In the first four years, we drove inward foreign commitments of greater than US$1 billion to be managed by U.S. GPs, an export of U.S. financial services. The trade mission initiative for U.S. GPs continues today.
Today, Private Capital Development LLC builds on my decade of introducing LPs to GPs. We work with family office and institutional LP investors, GPs, governments, development finance institutions, and non-profit industry trade associations to mobilize private capital. LPs like our formats for making introductions to GPs whom they might not otherwise meet. GPs benefit from a unique "Rolodex" built on a decade of diplomatic relationship building with LPs. Both seem to appreciate that we are not a placement agent.
Overall, 250+ GPs around the world have benefitted from our direct introductions to thousand+LPs.
VP Programs & Operations
Irina has 10+ years of experience in design and implementation of entrepreneurship and local investment capacity development programs with five years experience in blended learning and instructional design.
At the U.S. Department of Commerce, Irina worked with SMEs on international market access, trade and logistics facilitation.
Former positions include: Program Lead, EMPEA Institute. Program Manager, CRDF. International Trade Specialist, U.S. Government, Director of Operations (AEN).
Client Operations Manager
Nordic Client Advisor