InvestX, a private equity marketplace, has hired investment industry veteran Rick Vitale as executive vice president of sales and business development to lead its sales and business development teams. In his new role, he will be responsible for engaging with and increasing the firm’s broker-dealer network.
With more than 30 years of industry experience, Vitale joins InvestX from Legendary Capital LLC, where he was chief distribution officer. According to his LinkedIn page, he has served as president of Hartman Real Assets Securities and Hartman Advisors. Other positions include EVP of product distribution at Hartman Income REIT, president of United Realty Advisors, and EVP of strategic business development at AEI Fund Management.
According to InvestX, Vitale has worked across all primary investment sponsor activities, including corporate policy formulation and implementation, product development, sales distribution, sales management, key accounts development and management, wholesaling, broker-dealer operations and management, marketing, communications, due diligence, financial reporting, accounting, property acquisitions, property dispositions, portfolio management, compliance, and human resources.
Vitale holds a chartered financial analyst (CFA) designation and FINRA Series 7, 63, 24, and 79 securities licenses.
InvestX launched in 2014 and provides the wealth management industry with access to the private equity asset class.