Private equity marketplace SharesPost Inc. has appointed a new president. Last month, the San Francisco-based company announced that experienced fintech executive Jeff Miller will assume the role after serving on SharesPost's board of directors for the past year.
Miller joins SharesPost from Truelytics, a rising provider of RIA and financial advisor business analytics where he served as president and chief operating officer. Prior to Truelytics, Miller was managing director and Head of Advice and Product Platforms at UBS' Wealth Management Americas group. Before UBS, Miller served as president and group executive at Mercer, a worldwide provider of investment, HR consulting and outsourced solutions. He has also held senior-level positions at Putnam Investments and Smith Barney.
Miller will report to SharesPost's founder and CEO Greg Brogger. He will be in charge of overseeing the company's asset management business; SP Investments Management advises the SharesPost 100 Fund, a registered interval fund that gives accredited and unaccredited investors exposure to Private Growth assets. Miller will also be tasked with managing SharesPost's Alternative Trading System and transaction platform. This platform allows SharesPost to connect buyers and sellers of digital assets and private securities. The firm's research and data products will also fall under Miller's purview.
At the time of the announcement, Brogger sung Miller's praises: "Jeff is a highly accomplished wealth management and Fintech executive who understands the needs of institutional and individual investors. As SharesPost scales its business here and abroad, we are excited to be able to draw on Jeff's considerable expertise and experience operating global financial services platforms. We are confident he will be a key part of SharesPost's drive to create a more efficient, transparent and liquid capital market to power the innovation economy."
Miller expressed similar enthusiasm for his new role: "SharesPost is the market leader in creating liquidity for private growth company shareholders and is well-positioned to extend that lead globally...[the company] will leverage its leadership position to create unique opportunities for its clients."
SharesPost was founded in 2009, when it helped to launch the first secondary market for private tech companies. In the subsequent years, the company has created the leading platform for digital securities and secondary transactions with over $4 billion in secondary market transactions.