JF Wait Advisors, LLC

Jarett Wait is the managing principal of JF Wait Advisors, an advisory consulting firm located in New York City.  His consistent track record of success over his 35 year career encompasses an exceptional range of professional and executive experience spanning capital markets and asset management businesses, diverse institutional client bases, and major geographic regions.

Combining strong individual contributor capabilities with proven leadership skills, Mr. Wait has created profitable, sustainable and scalable results in markets across North America, Europe, and Asia --  including building new businesses, teams, and organizations; transitioning/repositioning existing or mature businesses; restructuring and turning around failing/capital constrained businesses; managing institutional relationships and strategic partnerships; developing global client franchises and raising investor capital.

Joining Fortress Investment Group in June 2008 as Managing Director and member of the firm’s Executive Committee,  Mr. Wait was responsible for managing and developing relationships with leading institutional investors and financial intermediaries throughout the world, as well as leading capital raising, investor marketing/branding, and client service initiatives across a diverse portfolio of over 50 private equity, credit, liquid markets, and FI management funds/accounts -- totaling more than $40 billion in AUM.   As Global Head of the Capital Formation Group, he built and staffed a worldwide organization of over 40 coverage, product specialist, and client service professionals to align with major allocators, drive consistent asset growth and new business development, and retain/service/expand a core base of more than 1400 LPs and strategic partners.

The most significant span of Mr. Wait's career was with Lehman Brothers.  Over the course of 27 years and numerous organizational transitions/market cycles, Mr. Wait served as:

  • Managing Director of the Senior Relationship Management Group, responsible for developing many of Lehman’s most significant and profitable strategic institutional client relationships across the full suite of business lines globally(the only 4-time recipient of the Chairman’s Award for Extraordinary Client Service  which annually recognized the Top 50  contributors to the firm’s client franchise at all levels/functions);
  • Global Head of E-Commerce , responsible for building out Lehman Brothers' e-business worldwide, including top ranked Lehman Live;
  • Chief Executive Officer of Lehman Brothers Asia and member of the Firm's Global Operating Committee , based in Tokyo and responsible for restructuring, staffing and establishing a leading capital markets business across the Asia region following the Asian market crisis of 1997;
  • Key Senior Management and Capital Markets Professional Roles in New York, London, Hong Kong and Tokyo.

Mr. Wait is a graduate of Cornell University: Bachelor of Arts Degree from the College of Arts and Sciences, 1980.

He is a member of the Council on Foreign Relations, the Economic Club of New York and an Advisory Board member to the Center on Law and Security NYU School of Law. Jarett is also a member of the board of trustees of Workforce Opportunity Services, member of the board of KNOD Foundation and of CityLAX, Inc.  He is also a former member of the board of trustees of the United States Ski and Snowboard Team Foundation.