New York, 18 July 2023
Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group, today announced it has named Joseph Gatto as Senior Advisor – Global Consumer and Retail, strengthening the firm’s coverage in the sector. Mr. Gatto will support Macquarie Capital’s global consumer and retail team advising clients across the food and beverage, household products and personal care, consumer goods and retail sectors.
During his career, Mr. Gatto has served as a Partner at Goldman Sachs & Co., Vice Chairman at Lehman Brothers, Chairman of Investment Banking Americas and Co-Head of Corporate Finance at Barclays, and Partner at Perella Weinberg leading the firm’s Consumer Retail practice. In 2019, Mr. Gatto founded Orient Point Partners, focused on strategic advisory and principal investments in consumer wellness working with corporations, private equity, venture capital firms and founder-led enterprises. He earned his JD/MBA from the University of Pennsylvania, his bachelor's degree from Princeton University and was a Fellow at Harvard University’s Advanced Leadership Initiative. In his new role, Mr. Gatto will serve a range of clients seeking growth by addressing critical consumer nutrition, health and wellness needs through innovative new products and services.
“Joe brings over 30 years of advisory experience. His reputation, deep relationships and knowledge of the consumer and retail industries make him a valuable addition to our team,” said David Berman, Co-Head of Macquarie Capital, Americas and Global Head of Consumer, Gaming & Leisure. “Joe’s arrival is well timed given the strong rebound we are seeing in these sectors and the continued evolution of consumer tastes and preferences.”
Head of US Consumer and Retail Morgan LeConey commented, “We’re excited to welcome Joe as we build out our coverage in this space. I’ve had the privilege of previously working with Joe on multiple transactions and believe he will be a great addition to our growing team.” Magnus Scaddan, Macquarie Capital’s Head of EMEA Consumer and Retail, added, “As a veteran in this industry, Joe’s global relationships and industry insights will further enhance our team’s ability to provide creative ideas to our clients and deliver best-in-class cross-border transaction execution.”
Macquarie Capital’s consumer and retail team specializes in bringing vertical market expertise to help clients in high-opportunity product, service and infrastructure sectors achieve premium value for their businesses.
Recent Macquarie Capital transactions in the consumer, gaming and leisure sectors include acting as financial advisor to L Catterton on the sale of its controlling interest in UK-based Princess Yachts to KPS Capital Partners, advising Coca-Cola European Partners on its acquisition of Coca-Cola Amatil Ltd and advising Gamesys Group plc on its sale to Bally’s Corporation. Macquarie Capital also advised Light & Wonder on its sale of Scientific Games Lottery to Brookfield Business Partners and Treasury Wine Estates on its acquisition of Frank Family Vineyards.
“Consumers around the world have more options than ever, and corporates are actively vying for their attention and seeking growth opportunities. Macquarie Capital is well positioned to support its clients with new ideas, new relationships and access to capital in both public and private markets, including from Macquarie’s balance sheet, across multiple regions. I look forward to working with the team and helping to expand coverage in this sector,” said Mr. Gatto.
In addition to Mr. Gatto and Mr. LeConey, other recent US hires include Eric Jacobs and Vince Lambert, Co-Heads of US Healthcare, and Greg Ager, who leads Macquarie Capital’s advisory team focused on supply chain management, manufacturing and enterprise resource planning software solutions.