Fabio Terlevich - (WG '00)
Fabio Terlevich has over 10 years of investment management experience across multiple asset classes, including: special situations, distressed, private equity, secondaries, hedge funds, real estate, fund of funds and emerging markets.
Prior to becoming a Partner at LL Funds in March 2010, he was a Partner & Portfolio Manager at Permit Capital, leading its manager selection program and special situations investments since 2007. LL Funds is an independent investment manager focused on opportunistic investments in mortgage related securities and special situations fixed income opportunities. LL Funds is the Sub-advisor of the Permit Capital Mortgage Fund, L.P., a specialized, buy-and-hold residential mortgage backed securities fund.
Prior to Permit Capital, Fabio was an Executive Director and Portfolio Manager of Morgan Stanley Alternative Investment Partners. During 2003 to 2007 he led or co-led investments for $700 million; including direct private equity secondaries, co-investments, and primary fund investments in the U.S., Europe, and Latin America. He monitored over $1 billion of private equity and real estate investments and actively participated in a $2 billion fundraising effort. He was a Principal with Advent International Global Private Equity’s London office, where he worked from 2000 to 2002, having initially joined Advent’s Latin America Private Equity Fund in 1999. He started his professional career at McKinsey & Company in 1996.
Fabio holds BS and MS degrees (magna cum laude) from Universidad Católica Argentina and a MBA from The Wharton School, University of Pennsylvania. He serves as a Trustee and Treasurer of both Wharton Private Equity & Venture Capital Association and The Baldwin School.