William Wellborn Tice
Austin,Texas
Summary
Results-driven business development and fundraising executive with a highly consistent record of delivering AUM growth, successful product launches, and enhanced investor awareness and relationships. Personally responsible for over $12bn of alternative capital raised through a solutions-oriented approach with longstanding global relationships and active prospecting.
Overview
33
33
years of professional experience
Work History
Partner-Head of Business Development & IR
POLLEN STREET CAPITAL
London, United Kingdom
06.2022 - Current
- Strategic Leadership: Lead global business development and investor relations in a player/coach capacity, driving firmwide growth and positive engagement with investors.
- Fund Formation Outperformance: Completed mid-market buyout fundraise at €1.5 billion, an 80% increase over the previous fund, and 50% greater than the target. 67% of capital is from new investors, and the vast majority is from U.S. pension clients. The flagship credit fund size is expected to increase by 400% to north of $2.25 billion, with $1 billion coming from new U.S. investors.
- Investor Growth and Demonstrated Fundraising Success: Developed North American investor awareness and blue-chip relationships, achieving U.S. investor growth of 1,000% for the flagship private equity fund and 3,000% growth for the flagship asset-based credit fund.
- AUM Growth: Played a pivotal role in growing the Firm’s AUM by over 233% in three years.
- Player/Coach Team Leadership: Manage and mentor a seven-person team, hiring and training four new members to create a high-performing unit.
- Committee Membership: Serve on the Firm's Management Committee and the Investment Committee for Private Credit investments.
President & Head of Business Development
VIDA CAPITAL MANAGEMENT
Austin, TX
05.2014 - 01.2022
- Strategic Leadership & Value Creation: Promoted to President and CIO after driving enterprise value growth exceeding $700M through retained earnings, dividends, and the sale of the firm to private equity in late 2019.
- AUM Growth: Spearheaded a marketing and communication strategy that increased outside AUM from $150M to $4.5B+ in four years. Key achievements: (i) expanded hedge fund AUM from $120M to $2.5B, (ii) launched three closed-end private equity-style funds: VQ ($400M, 2015), VICOF II ($887M, 2017), and VICOF III ($858M, 2019), and (iii) two insurance-dedicated funds (IDFs).
- Team Building & Investor Relations: Built and led an eight-person marketing and investor relations team, overseeing communications and reporting for seven vehicles and 4,000+ investors.
- Fund Formation & Structuring: Directed fund formation strategies, including terms development, legal documentation, marketing/due diligence collateral, tax structuring, side-letter negotiations, and closing processes.
- Special Situations Leadership: Founded and led a six-person special situations team specializing in esoteric, uncorrelated insurance exposures, investing over $500M (2018–2020) with unlevered gross IRRs of 20%.
- Board & Executive Roles: Member of the Board of Directors, Executive Committee, and a key person for all closed-end funds.
Managing Director
SIGULER GUFF & COMPANY
New York, NY
09.2011 - 05.2014
- Strategic Business Development: Led global business development efforts across distressed debt, small buyouts, distressed real estate, and BRIC private equity strategies.
- Global Client Management: Managed client relationships and development across Europe, Canada, South America, and the Northeastern U.S., employing a solutions-based approach to address LP needs through customized and bespoke offerings.
- Strategic Prospect Engagement: Directed relationship development for “strategic” prospects, including many of the top-25 domestic and Canadian pension plans.
- Capital Raising Success: Closed $400M+ in new client capital in 2013, including securing and negotiating a $300M bespoke emerging markets SMA with the New Jersey Division of Investment.
Managing Director-Head of Business Development
Q INVESTMENTS
Fort Worth, TX
01.2010 - 09.2011
- Leadership & Strategic Oversight: Directed business development and global client relationships, reporting directly to the Founder.
- Fund Structuring & Strategy: Designed fund structure, marketing materials, and go-to-market strategy for Q Aviation, a $500M first-time institutional fund.
- Global Investor Engagement: Led all investor presentations and meetings across Europe, Asia, North America, and the Middle East, driving capital-raising efforts and building strategic relationships.
- Cross-Platform Contributions: Played a key role in firm-wide initiatives, including a hedge fund seeding platform, lending and banking relationships, and the real estate investment platform.
Principal
THE BLACKSTONE GROUP/PARK HILL GROUP
New York, NY
02.2005 - 01.2010
- Founding Contributions: Joined as the 3rd employee, wearing multiple hats to support firm growth, including creating pitchbooks, project-managing fundraising engagements, sourcing new managers, and cold-calling prospective limited partners.
- Investor Coverage Transition: Transitioned full-time to distribution and account coverage in 2016, focusing on building and maintaining relationships with 200+ northeastern institutional investors.
- Institutional Relationship Management: Developed and managed relationships with leading endowments, foundations, consultants, insurance companies, fund of funds, public and private pension plans, and family offices.
- Capital Raising Success: Raised over $3B for private equity and hedge fund clients across diverse strategies, including equity buyouts, distressed credit, turnaround equity, mezzanine, rescue financing/direct lending, energy/power, structured products, and international funds.
- Value Creation: Ownership stake fully sold to a minority owner in 2007, valuing the 2.5-year-old company at over $300M.
Principal
THE PARTHENON GROUP
Boston, MA
08.1999 - 12.2001
- Executive Advisory: Advised C-level executives on high-impact strategic and financial issues, including acquisition considerations and strategic planning for private equity firms.
- Strategic Review & Integration: Led a 10-month strategic review, process reengineering, and merger integration program for a Berkshire Hathaway-owned leading retailer.
- Data-Driven Insights: Managed a team that developed a price prediction model for Renaissance Technologies, presenting findings and recommendations directly to Jim Simons.
- M&A Expertise: Played a key role in a sell-side engagement for a domestic chemical company’s $4B merger, providing critical strategic and financial insights.
Vice President-Head US Government Trading (London)
DONALDSON, LUFKIN & JENRETTE
London, UK
06.1992 - 08.1997
- Leadership & Trading Expertise: Served as head of the London U.S. Government trading desk, acting as a market maker and proprietary trader across the entire U.S. Government bond curve, including zero-coupon (STRIPS) and agency bonds.
- Risk Management: Managed trading positions and risk exposure for notional positions of up to $2B.
- Rapid Career Advancement: Promoted to Vice President at age 24, reflecting exceptional performance and leadership capabilities.
- Elite Training Program: Selected for and completed DLJ’s MBA training program as one of only three non-MBA participants.
Education
MBA - General Management
Dartmouth College Amos Tuck School
Hanover, NH06-1999
Bachelor of Arts - Economics
Middlebury College
Middlebury (village), VT06.1992
General Course Student - Economics
London School of Economics
London, UK1990
Skills
Alternative Investments (equity, credit, special sits)
Presentation & Pitching
Cold Calling
Relationship Management
Business Development Strategy
Product & Investment Expertise
Mentoring & Training
Investor Relations
Timeline
Partner-Head of Business Development & IR
POLLEN STREET CAPITAL
06.2022 - Current
President & Head of Business Development
VIDA CAPITAL MANAGEMENT
05.2014 - 01.2022
Managing Director
SIGULER GUFF & COMPANY
09.2011 - 05.2014
Managing Director-Head of Business Development
Q INVESTMENTS
01.2010 - 09.2011
Principal
THE BLACKSTONE GROUP/PARK HILL GROUP
02.2005 - 01.2010
Principal
THE PARTHENON GROUP
08.1999 - 12.2001
Vice President-Head US Government Trading (London)
DONALDSON, LUFKIN & JENRETTE
06.1992 - 08.1997
MBA - General Management
Dartmouth College Amos Tuck School
Bachelor of Arts - Economics
Middlebury College
General Course Student - Economics
London School of Economics
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