Key Takeaways
- • Silver Creek Capital Management has hired David Matter as Co-Chief Investment Officer, where he will partner with CEO and Co-CIO Eric Dillon to lead the firm's investment activities, according to a Business Wire announcement.
- • Matter was most recently Managing Director and Co-Chief Investment Officer of BlackRock Alternative Advisors (BAA), BlackRock's hedge fund solutions business, which grew to more than $30 billion of client assets during his tenure.
- • Matter brings roughly 30 years of industry experience, including tenure at BlackRock dating to 2007 and earlier roles at Capital Group and Bankers Trust.
- • Silver Creek manages $8.5 billion (including uncalled capital as of September 30, 2023) across private credit, real asset, and absolute return strategies.
Summary
Seattle-based Silver Creek Capital Management, an alternative investment boutique serving institutional and sophisticated investors globally, announced that David Matter has joined the firm as Co-Chief Investment Officer. Matter was most recently a Managing Director and Co-Chief Investment Officer of BlackRock Alternative Advisors, BlackRock's hedge fund solutions business, which grew to more than $30 billion of client assets during his tenure.
In the role, Matter will partner with Eric Dillon, Silver Creek's Chief Executive Officer and Co-Chief Investment Officer, to lead the firm's investment activities. Dillon said the two share a vision for the future of the alternative investment sector and for accelerating Silver Creek's growth trajectory, and described Matter as one of the driving forces behind the dramatic growth of a complex alternative investment platform at BlackRock, noting his strong manager relationships.
Matter said he looks forward to advancing Silver Creek's private credit, real assets, and absolute return businesses in what he described as a rapidly evolving and challenging market. At BlackRock he chaired the BAA Investment Committee and served on the BAA Management Committee and the Co-Investment Portfolio Management Group. He joined BlackRock in 2007 through its acquisition of the core asset management business of Seattle-based Quellos Group, where he was a Principal and member of the Investment Committee.
Matter began his career at Capital Group before moving to Bankers Trust. He holds an MBA and MAIS from the University of Washington and a BS from the University of Pennsylvania. Silver Creek, which traces its history to 1994, describes itself as an intentionally opportunistic investor using an unconstrained approach, with strategies designed to offer less market correlation than traditional alternative products.
In the role, Matter will partner with Eric Dillon, Silver Creek's Chief Executive Officer and Co-Chief Investment Officer, to lead the firm's investment activities. Dillon said the two share a vision for the future of the alternative investment sector and for accelerating Silver Creek's growth trajectory, and described Matter as one of the driving forces behind the dramatic growth of a complex alternative investment platform at BlackRock, noting his strong manager relationships.
Matter said he looks forward to advancing Silver Creek's private credit, real assets, and absolute return businesses in what he described as a rapidly evolving and challenging market. At BlackRock he chaired the BAA Investment Committee and served on the BAA Management Committee and the Co-Investment Portfolio Management Group. He joined BlackRock in 2007 through its acquisition of the core asset management business of Seattle-based Quellos Group, where he was a Principal and member of the Investment Committee.
Matter began his career at Capital Group before moving to Bankers Trust. He holds an MBA and MAIS from the University of Washington and a BS from the University of Pennsylvania. Silver Creek, which traces its history to 1994, describes itself as an intentionally opportunistic investor using an unconstrained approach, with strategies designed to offer less market correlation than traditional alternative products.
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