Grayscale Investments, the world’s largest crypto asset supervisor, right this moment introduced the appointment of Peter Mintzberg as Chief Government Officer, efficient August 15, 2024, at which period Mintzberg can even be part of Grayscale’s Board of Administrators. Mintzberg succeeds Michael Sonnenshein, who has stepped down from the place to pursue different pursuits. Within the intervening interval, Grayscale’s Chief Monetary Officer Edward McGee will assume the position of principal govt officer with accountability for main the agency.
Mintzberg has over 20 years of expertise internationally’s main asset managers, with a confirmed observe document as a c-suite govt for growing and main progress methods.
“Peter is an distinctive strategic chief with world experience throughout essentially the most outstanding asset managers, that are vital substances as we place Grayscale for its subsequent section of progress,” mentioned Barry Silbert, Founder & CEO, DCG. “I’m excited to see what he accomplishes at Grayscale in its subsequent chapter because the agency continues to broaden its future-forward funding product suite.”
“I’ve lengthy admired Grayscale’s place because the main crypto asset administration agency, and I’m honored to affix essentially the most gifted and pioneering workforce within the enterprise. That is an thrilling time in Grayscale’s historical past because it continues to capitalize on the unprecedented momentum within the asset class,” mentioned Mintzberg.
“I need to thank Michael for his stewardship of Grayscale, having joined the workforce in 2014 and serving as CEO since 2021. Michael guided Grayscale from $60 million to ~$30 billion of belongings beneath administration and thru its historic courtroom victory towards the Securities and Change Fee, which enabled Grayscale to uplist the primary spot Bitcoin ETF to NYSE Arca alongside the biggest gamers in conventional finance,” mentioned Silbert. “We want him the most effective.”
“It has been an honor and a privilege to work alongside such good, passionate folks to develop Grayscale into an trade titan during the last decade,” mentioned Sonnenshein. “Specifically, I wish to thank Barry Silbert for his imaginative and prescient and partnership, and for entrusting me to steer Grayscale’s enterprise. The crypto asset class is at an vital inflection level and that is the appropriate second for a easy transition. I want the Grayscale workforce each success in its subsequent chapter.”
Mintzberg joins Grayscale from Goldman Sachs the place he at present holds the place of World Head of Technique for Asset and Wealth Administration. Previous to that, he held a variety of world management roles in Technique, M&A and Investor Relations at BlackRock, OppenheimerFunds, and Invesco. Mintzberg has over twenty years of expertise and has deep information throughout a broad-base of consumer varieties and asset lessons, growing and executing technique and innovating to drive progress. Mintzberg began his profession working at McKinsey & Co. in New York, San Francisco and São Paulo, centered on the monetary companies and expertise sectors.
In 2018, Mintzberg was acknowledged as a Latino chief in Finance by The Alumni Society. Mintzberg was additionally chosen as a David Rockefeller Fellow within the 2016-2017 Class by the Partnership for New York Metropolis. He earned a bachelor’s diploma in engineering from the Universidade Federal Rio de Janeiro and an MBA from Harvard College.
During the last decade, Grayscale has launched a set of 19 crypto funding merchandise enabling entry to the crypto asset class in a well-recognized, clear wrapper, whereas serving as an academic useful resource to the investing public, working with policymakers and regulators to deliver crypto belongings additional into the regulatory perimeter, and rising the agency’s enterprise capabilities and best-in-class workforce.
