US Financial Services Firm Promotes Four Senior Members

Robbie Lawther

5 June 2017

US financial services firm McNally Capital has promoted four team members to senior roles. The company has also appointed John Freund as a senior advisor.

Adam Lerner has been promoted to partner, and Catherine Lien, Josh Brown and Ravi Shah have been promoted to vice president, the firm said in a statement.

Lerner joined McNally in 2009 and co-leads the firm’s direct investing activities. Lien joined in 2013, Brown and Shah both joined in 2016, with all three playing a big part in the firm’s growth over the last few years.

“Since joining our team, Adam has significantly helped build McNally’s presence and reputation as a leader in direct family capital,” said Ward McNally, managing partner and founder. “Additionally, Catherine, Josh, and Ravi have demonstrated tremendous dedication and leadership in their positions. They have all been essential to the growth of our firm."

Freund has joined the firm as a senior advisor to help grow the firm’s ambitions with the direct family capital sector. He has 47 years’ experience in the financial services industry. Freund was a managing director at Citigroup and Travelers Group.

“John’s addition to our team will further bolster our ability to work with families to support their direct investing efforts as well as help generate new opportunities to strengthen and build our merchant banking activities,” said Frank McGrew, managing partner. “His impressive tenure as an investor and trusted client advisor are well aligned with our approach to partnership and make him a strong fit with our firm. We are excited to have him onboard."