Sheryl Schwartz

Sheryl Schwartz

Sheryl Schwartz is Managing Director, Investments, at Caspian Private Equity. Previously, she served as a Managing Director at Perseus Finance, and was one of three partners responsible for fundraising, sourcing, evaluating, and making direct mezzanine, and structured equity investments in connection with leveraged buyouts, recapitalizations, and growth financings. Prior to joining Perseus, Sheryl had a successful career at TIAA split between fixed income and alternative investments. She built and led TIAA-CREF’s Alternative Investment team, which included investments in private equity funds, co-investments, mezzanine debt and timber. Sheryl joined TIAA in 1988 and invested in 4 different types of fixed income products including three years investing in corporate private placements, two years trading secondary private placements, and four years investing in mortgage and asset-backed securities. Beginning in 1997, Sheryl was appointed to establish and develop TIAA’s alternative investment portfolio. During the following thirteen years, she built a diversified portfolio of approximately US$13 billion of commitments in private equity investments, including investments in buyouts, venture capital, distressed and turnaround, mezzanine debt, energy and infrastructure, and timber. As head of TIAA’s alternative investment team, Sheryl managed a team of fourteen professionals and provided leadership for portfolio strategy, composition, performance, asset allocation, underwriting, as well as presented the portfolio and strategy to senior management, the board, and a third party institutional client. She built and led three investment businesses for TIAA (Alternatives, Distressed Funds, and Secondary Trading) including establishment and oversight of underwriting criteria, legal requirements, accounting systems, monitoring systems, as well as recruitment process and deal flow management procedures. Sheryl serves on the Board of Directors of the Women’s Association of Venture and Equity, Inc. (WAVE), which is a nonprofit organization that is committed to the development and advancement of women in private equity and venture capital. Recently, she joined the board of Palico, a company that has created a secure, web-based marketplace dedicated to the private equity industry. She was also a long-time member of the Institutional Limited Partners Association (ILPA). Sheryl also served as an LP Advisory Board member for many private equity funds. She holds both a BS and an MBA in Finance from New York University.