Probitas
Placement Agent

Probitas

Probitas Partners is an independent, global advisory and alternatives placement firm that partners exclusively with compelling sponsors seeking to raise capital from sophisticated institutional investors.

Private Equity Real Estate Infrastructure Energy Healthcare Technology Capital Raising Fund Placement Placement Agent San Francisco United States
Location San Francisco, United States
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Leadership & Team

Probitas Partners is comprised of fully dedicated and aligned professionals singularly focused on delivering great outcomes for clients.

The firm operates as one global team with a fused model integrating advisory, relationship management, and project management capabilities.

Senior Leadership:

Ray Tsao, CEO: Leads the global organization and overall strategic direction.

Haakon Gresvig, Head of EMEA: Brings more than 22 years of industry experience and leads Probitas Partners' activities across Europe and the Middle East from the firm's London office.

Sinead O'Sullivan, Chief Financial Officer: Oversees financial operations and management across the global platform.

Caryn Feinberg, Managing Director: Part of the senior management team driving client engagements.

Joe Maertens, Managing Director: Experienced professional managing key client relationships.

Parsram Dhanraj, Managing Director: Senior leader focused on capital raising and advisory mandates.

Greg Hausler, Chief Compliance Officer: Ensures regulatory compliance across all jurisdictions where the firm operates.

Investment Professionals:

The broader team includes Directors Angela Enzo, Harrison Daniels, Jack Hill, Lev Gelfand, Nam Hoang, Sam Robinson, and Tanaka Pari, along with Vice President Joon Kim and Associates Ben Leavitt, Connor Miles (who previously worked at AA Advisors in London), and Mayowa Odukoya.

Samantha Moore serves as Director of Finance.

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Overview

Probitas Partners is an independent, global advisory and alternatives placement firm that partners exclusively with compelling sponsors seeking to raise capital from sophisticated institutional investors.

As one of the leading placement agents in the private markets industry, the firm operates across the full spectrum of alternative investments including private equity, private credit, and real assets.

The firm navigates the ebb and flow of fundraising cycles to deliver tailored advisory and placement solutions, helping clients capitalize on opportunities and drive sustainable growth. Probitas Partners distinguishes itself through a fused model that combines advisory, relationship management, and project management capabilities under one global team.

This integrated approach ensures clients receive comprehensive support throughout the capital formation process.

Team members have been active participants in private markets for most of their careers as agents, consultants, and principal investors, bringing deep operational expertise to every engagement.

Beyond capital formation, the firm assists and advises clients on team building, deal sourcing, firm administration, and industry contacts—all to best position franchises for future success.

The firm is registered with FINRA and SIPC, and maintains regulatory licenses across multiple jurisdictions including the UK (FCA authorized), Hong Kong, Japan, and several European countries.

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Services & Solutions

Probitas Partners offers a comprehensive suite of services structured around four core pillars:

Primary Advisory

  • Primary fund placement and single asset capital formation
  • Specialized project management and LP diligence guidance
  • Terms optimization and allocation advisory

    Platform Development

  • Co-invest syndication (fee bearing)
  • LP communications and AGM preparation
  • LP perception studies and referencing
  • Product development and succession planning
  • GP stake sale considerations

    Liquidity Solutions

  • Asset-driven continuation vehicles and GP-led opportunities
  • Secondaries, including end of life continuation solutions
  • LP tender offers and strip sales

    Market Assessment & Strategy

The firm constantly assesses market trends and opportunities, coupling real-time feedback from global institutional investor relationships to calibrate investment demand.

They select sponsors across sectors and geographies that represent the most attractive prospects for investors based on strategy, team composition, and favorable market opportunities.

Throughout fundraises, they optimize positioning to drive further momentum.

Comprehensive Capital Raising Services The team drives the fundraising process so clients can efficiently clear the market and prioritize delivering top-tier returns.

Services include defining and articulating investment stories to enhance market positioning, conducting comprehensive LP diligence, and managing the full fundraising lifecycle from initial positioning through final close.

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Global Presence

Probitas Partners maintains a strategic global footprint with offices positioned to serve institutional investors and sponsors across major financial centers:

San Francisco (Headquarters)

425 California Street, Suite 550 San Francisco, CA 94104 Phone: +1.415.402.0700

New York One Grand Central Place, Suite 856 60 East 42nd Street New York, NY 10165 Phone: +1.212.403.3662

London 14 Curzon Street London W1J 5HN, United Kingdom Phone: +44.20.3829.4330

Hong Kong Level 19, Two Chinachem Central 26 Des Voeux Road, Central Hong Kong Phone: +852.3757.9727

This multi-jurisdictional presence enables the firm to maintain deep relationships with institutional investors globally and provide around-the-clock service to clients.

The firm's regulatory structure reflects this global reach, with entities authorized by the Financial Conduct Authority in the UK, licensed for Type 1 and Type 4 regulated activities in Hong Kong, licensed as a Type 2 Financial Dealer in Japan, and maintaining exemptions in Canadian provinces including Ontario, Alberta, Quebec, and British Columbia.

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Recent Fund Closings & Track Record

Probitas Partners has demonstrated consistent success placing funds across private equity, private credit, and real assets strategies.

Recent notable fund closings include:

2025 Closings:

  • Rockland Power Partners V: $1.20 billion middle-market power generation fund - November 2025
  • Monomoy Credit Opportunities Fund III: $514 million U.S. opportunistic credit fund - October 2025
  • TTCP Fund III: $229 million U.S. lower middle-market healthcare growth equity fund - October 2025
  • Curewell Capital I: $535 million U.S. middle-market healthcare buyout fund - August 2025
  • BDI Partners Fund II: $159 million U.S. essential services lower middle-market buyout fund - April 2025
  • Dauntless Capital Hospitality Fund II: $237 million U.S. value-add hospitality real estate fund - April 2025
  • Excelsior Renewable Energy Investment Fund II: $1.00 billion North American middle-market renewable energy and energy transition fund - March 2025

    2024 Closings:

  • Glennmont Clean Energy Fund IV: €1.64 billion global renewable energy infrastructure fund - July 2024
  • Monomoy Capital Partners V: $2.25 billion middle-market value buyout fund - June 2024
  • Chorus Capital Credit Fund V: $2.40 billion corporate loan risk-sharing fund - June 2024
  • Centurium Capital Partners II: China middle-market control buyout and growth equity fund - June 2024
  • RCG Equity Fund II: $285 million U.S. business services, consumer and healthcare buyout fund - March 2024

    The firm's track record spans diverse strategies including middle-market buyouts, credit opportunities, healthcare-focused funds, renewable energy infrastructure, and real assets across North America, Europe, and Asia.

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Areas of Expertise

Probitas Partners specializes exclusively in working with compelling sponsors across the full spectrum of private markets alternatives.

The firm's expertise spans three primary asset classes:

Private Equity: Middle-market and lower middle-market buyout funds, growth equity strategies, sector-focused funds in healthcare, business services, consumer, technology (including B2B SaaS), and essential services.

The firm has particular strength in value buyout strategies and complex situations including French complex buyouts and Asian control buyouts.

Private Credit: Direct lending strategies focused on the lower and middle markets, opportunistic credit funds, corporate loan risk-sharing transactions, and specialized credit strategies.

The firm works with both established credit platforms and emerging managers building first-time credit vehicles.

Real Assets: Renewable energy and energy transition infrastructure, power generation, value-add and opportunistic real estate, hospitality real estate, and sustainable infrastructure projects.

Notable expertise in European and North American renewable energy platforms and cleantech infrastructure.

Geographically, the firm serves sponsors across North America, Europe (including UK, France, and Nordics), and Asia (particularly China and Hong Kong).

The firm's institutional investor network spans pension funds, sovereign wealth funds, insurance companies, family offices, endowments, and foundations seeking exposure to alternative investments.

Discover the leading private equity placement agents in the market to compare services, expertise, and market positioning across the industry.

Company Info

Industry
Financial Services
Headquarters
San Francisco, United States
Updated Nov 18, 2025
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Leadership

Probitas Partners is comprised of fully dedicated and aligned professionals singularly focused on delivering great outcomes for clients. The firm operates as one global team with a fused model integrating advisory, relationship management, and project management capabilities....
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Sources & References

This profile was compiled from the following sources:
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