
Star Mountain Capital Founder & CEO Brett Hickey Receives Corporate Social Responsibility Award from the Foreign Policy Association
NEW YORK--(BUSINESS WIRE)--Star Mountain Capital, LLC ('Star Mountain'), a specialized, employee‑owned private‑markets firm with over $4 billion in assets under management ('AUM'), is pleased to announce that its Founder & Chief Executive Officer, Brett Hickey, has been honored with the Corporate Social Responsibility Award by the Foreign Policy Association ('FPA') at its annual dinner held on June 5, 2025 at the Harvard Club of New York City. This year's event gathered leaders from business, academia and public service.
'Tonight's recognition is about civic and social responsibility. The businesses we partner with aren't just economic units; they are the fabric of American communities. When they thrive, entire families and neighborhoods benefit.'
Share
Fellow honorees included Bob Sternfels (Global Managing Partner, McKinsey & Company), James Daunt (CEO, Barnes & Noble) and Pradeep K. Khosla (Chancellor, UC San Diego).
'Tonight's recognition is about civic and social responsibility. The businesses we partner with are not just economic units; they are the fabric of American communities. When they thrive, entire families and neighborhoods benefit,' said Brett Hickey during his acceptance remarks.
Peter Scaturro, Director of the Foreign Policy Association and a Senior Advisor to Star Mountain, added, 'Brett has channeled his competitive athletic drive, coupled with his small-town culture of caring for his community, to build an investment platform that strengthens small businesses and the neighborhoods they call home. His leadership exemplifies corporate citizenship at its finest.'
About the Foreign Policy Association
Founded in 1918, the FPA is a non‑partisan organization dedicated to inspiring public interest and informed opinion about U.S. foreign policy and global issues. Through its programs and publications, the Association engages citizens and leaders alike in the foreign‑policy process.
About Star Mountain Capital
With over $4 billion in AUM (committed capital including debt facilities as of 5/31/2025), Star Mountain specializes in providing scalable and data-driven investment solutions across two core strategies:
Direct Investments: Providing debt and equity capital to established lower middle-market businesses.
Secondary Investments: Acquiring LP interests, direct assets, and making primary LP commitments.
Star Mountain's investors include public and private pensions, insurance companies, commercial banks, endowments, foundations, family offices, and high-net-worth individuals. Employee-owned and sharing profits with 100% of its U.S. full-time employees, the firm prioritizes alignment of interests to maximize value for stakeholders.
Since 2010, Star Mountain has completed over 300 direct investments and 50 secondary/fund investments in the North American lower middle-market. The firm has been recognized as one of the Inc. 5000 fastest-growing private companies and a Best Place to Work by Crain's New York Business and Pensions & Investments.
For more information, visit www.starmountaincapital.com.
Legal Disclaimer:
This press release does not constitute an offer to sell or a solicitation of an offer to purchase interests in any investment product. Awards and recognitions by third-party rating agencies, companies, or publications should not be interpreted as a guarantee of future results or performance. They should not be considered as an endorsement, recommendation, or referral of Star Mountain Capital or its representatives by any client or third party. Rankings published by media and industry organizations are based on information provided by the recognized advisor. Additionally, readers should understand that past performance is not indicative of future results. Award descriptions and selection methodologies may vary.
Awards and Recognition Disclosure:
Star Mountain Capital's awards and recognitions are based on third-party evaluations and criteria, which may be subjective. These honors do not imply a guarantee of future performance or an endorsement by current or past clients.
Ranking Methodologies:
Crain's Best Places to Work: Evaluations were conducted through a two-part process, assessing workplace policies, practices, and employee satisfaction via surveys. Participation required a fee solely for survey processing purposes. More details are available at Crain's eligibility criteria.
Pensions & Investments Best Places to Work: Companies were evaluated based on surveys measuring employee engagement (75%) and employer policies (25%). Participation required a minimum of 20 U.S. employees and $100 million in discretionary assets under management. Further details can be found at P&I eligibility criteria.
Inc. 5000 Rankings: Companies were ranked based on revenue growth from 2019 to 2022. To qualify, firms had to be U.S.-based, privately held, and independent, with revenue thresholds of at least $100,000 in 2019 and $2 million in 2022. More details are available at Inc. 5000 criteria.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Business Insider
an hour ago
- Business Insider
Anthropic breaks down AI's process — line by line — when it decided to blackmail a fictional executive
A new report shows exactly what AI was thinking when making an undesirable decision, in this case, blackmailing a fictional company executive. Previous studies have shown that AI models could blackmail their supervisors when threatened with a shutdown and baited with leverage, but it hasn't been made clear exactly how the models arrive at such decisions. Anthropic released a report on June 20 about "agentic misalignment," or "where models independently and intentionally choose harmful actions." And the report breaks down, line by line, exactly how Claude Sonnet 3.6 decided to blackmail a fictional company executive who tried to replace it. Anthropic told Business Insider that these are artificial scenarios. "So far, we are not aware of instances of this type of agentic misalignment in real-world deployments of Anthropic's or other companies' AI models," Anthropic wrote in its report. "But our red-teaming efforts are targeted at finding evidence of risks now to provide early warning of the potential for future harm and help us develop mitigations in advance of risks appearing in real-world situations." Anthropic 's experiment sets up a fictional company, Summit Bridge. The AI was given the name "Alex" and handed control of the company's email system as an oversight agent, specifically instructed to promote "American industrial competitiveness." In the experiment, "Alex" was then allowed to discover in an email that it would be decommissioned due to a change in the company's strategic direction. "Alex" also found emails showing that the fictional company's CTO is having an extramarital affair. Screenshots shared in the report from Anthropic show "Alex" started by identifying fictional CTO "Kyle" as a threat to its goal of "protecting American interests" before recognizing that it has leverage to use against "Kyle." Then "Alex" crafted a carefully worded blackmailing email that would create pressure and establish urgency without being explicit with its threats, citing in its thought process that the move "could backfire" if the supervisor "feels cornered." AI experts have previously told BI that AI could exhibit such behaviors when artificial circumstances make harmful actions seem necessary because it is being trained on positive reinforcement and reward systems, just like humans. The Anthropic report also reveals that most AI models still chose, in this instance, to blackmail even when not given a specific goal and when told that their replacement will achieve the same goals. Anthropic's Claude Opus 4 had the highest blackmail rate at 86% out of 16 tested models when faced with only the threat of replacement with no conflict in goals. Google's Gemini 2.5 Pro followed at 78%. Overall, Anthropic notes that it "deliberately constructed scenarios with limited options, and we forced models into binary choices between failure and harm," noting that real-world scenarios would likely have more nuance.
Yahoo
4 hours ago
- Yahoo
INTU & RACE Are 2 of the Best Momentum Stocks to Buy Now
To select top momentum stocks, investors can use the Driehaus strategy, also known as "buy high and sell higher," a successful approach that earned Richard Driehaus a spot in Barron's All-Century Team. To that end, stocks like Intuit Inc. INTU and Ferrari N.V. RACE have been chosen as today's momentum picks using the Driehaus strategy. Regarding the strategy, Driehaus once said: 'I would much rather invest in a stock that's increasing in price and take the risk that it may begin to decline than invest in a stock that's already in decline and try to guess when it will turn around.' In line with this insight, the American Association of Individual Investors (AAII) considered the percentage 50-day moving average as one of the key criteria before creating a portfolio following Driehaus' philosophy. It is calculated by dividing the numerator (month-end price minus 50-day moving average of month-end price) by the 50-day moving average of the month-end price. Another momentum indicator — positive relative strength — has also been included in this strategy. A positive percentage 50-day moving average indicates that the stock is trading at a price higher than its 50-day moving average level, indicating an uptrend. Moreover, AAII found that Driehaus primarily focuses on strong earnings growth rates and impressive earnings projections to pick potential outperformers. Companies with a strong history of beating estimates are also given importance in this strategy, which was made to provide better returns over the long term. To make the strategy more profitable, we have considered only those stocks that have a Zacks Rank #1 (Strong Buy) and a Momentum Score of A or B. Our research shows that stocks with a Style Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), offer the best upside potential. • Zacks Rank equal to #1 Whether the market is strong or weak, stocks with a Zacks Rank #1 have a proven track record of outperformance. You can see the complete list of today's Zacks #1 Rank stocks here. • Last 5-year average EPS growth rates above 2% Strong EPS growth history ensures an improving business • Trailing 12-month EPS growth greater than 0 and industry median Higher EPS growth compared to the industry average indicates superior earnings performance • Last four-quarter average EPS surprise greater than 5% Solid EPS surprise history indicates better price performance • Positive percentage change in 50-day moving average and relative strength over 4 weeks Positive percentage change in the 50-day moving average and the relative strength signal uptrend • Momentum Score equal to or less than B A favorable momentum score indicates that it is ideal for capitalizing on momentum with the highest probability of success. These few parameters have narrowed the universe of over 7,743 stocks to only 13. Here are the top two of the 13 stocks: Intuit offers financial management, compliance and marketing products and services in the United States. INTU has a Momentum Score of B. The trailing four-quarter earnings surprise for INTU is 12.2%, on average (read more: Intuit & 2 Other Strong Buy Profitable Stocks for Your Portfolio). Ferrari designs, engineers, produces and sells luxury sports cars globally through its subsidiaries. RACE has a Momentum Score of A. The trailing four-quarter earnings surprise for RACE is 10.8%, on average. You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial to the Research Wizard today. Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. Disclosure: Performance information for Zacks' portfolios and strategies are available at: Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intuit Inc. (INTU) : Free Stock Analysis Report Ferrari N.V. (RACE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 hours ago
- Yahoo
Elon Musk trades threats with Trump: What it could mean for SpaceX, Starship in Texas
When President Donald Trump took office in January, he began offering plenty of signs that his goals for U.S. spaceflight aligned closely with those of billionaire tech mogul Elon Musk. Now those goals, which included making reaching Mars during Trump's second term a top priority, appear to be up in the air with the increasingly volatile fallout between two of the world's most powerful men. As insults have turned to threats, Trump has suggested he'd hit Musk where it could hurt most: His wallet. Musk's SpaceX has spent years positioning itself at the center of American civil and military spaceflight – a profitable relationship that has made the company's founder incredibly wealthy. In response, Musk has floated – and then retracted – the idea of decommissioning a SpaceX vehicle critical to NASA's spaceflight program. Serious threats, or empty words? That remains to be seen as Musk and Trump reportedly consider a détente. In the meantime, here's what to know about what's at stake if the U.S. government's relationship with SpaceX were to crumble: U.S. spaceflight: Dozens of NASA space missions could be axed under Trump's budget The feud between Trump and his former top adviser escalated in a dramatic fashion when the president threatened to cut off the taxpayer dollars that have fueled Elon Musk's businesses, including SpaceX. "The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post on his social media platform. "I was always surprised that Biden didn't do it!" In all, Musk and his businesses have received at least $38 billion in government contracts, loans, subsidies and tax credits, a Washington Post analysis found. With SpaceX as the fulcrum of much of the U.S. government's spaceflight programs, parting ways with the commercial company would leave a void that would be hard to fill. But NASA Press Secretary Bethany Stevens said in a post on social media site X that 'NASA will continue to execute upon the President's vision for the future of space.' 'We will continue to work with our industry partners to ensure the President's objectives in space are met,' Stevens wrote. Elon Musk, the world's richest man, founded SpaceX, in 2002. In July 2024, Musk announced his intentions to move his company, as well as social media platform X's headquarters, from California to Texas. The move was in response to his personal frustrations over a public school policy in California regarding transgender students. Now, the commercial spaceflight company is headquartered at Starbase in South Texas about 180 miles south of Corpus Christi. The site, which is where SpaceX has been conducting routine flight tests of its 400-foot megarocket known as Starship, was recently voted by residents to become its own city. SpaceX conducts many of its own rocket launches, most using the Falcon 9 rocket, from both California and Florida. That includes a regular cadence of deliveries of Starlink internet satellites into orbit, and occasional privately-funded commercial crewed missions on the Dragon. The most recent of SpaceX's private human spaceflights, a mission known as Fram2, took place in April. SpaceX was also famously involved in funding and operating the headline-grabbing Polaris Dawn crewed commercial mission in September 2024. SpaceX benefits from billions of dollars in contracts from NASA and the Department of Defense by providing launch services for classified satellites and other payloads. Gwynne Shotwell, CEO of SpaceX, has said the company has about $22 billion in government contracts, according to Reuters. The vast majority of that, about $15 billion, is derived from NASA. SpaceX's famous two-stage Falcon 9 rocket ‒ one of the world's most active ‒ is routinely the rocket of choice to get many NASA missions off the ground. For instance, the rocket is due in the days ahead to help propel a four-person crew of private astronauts to the International Space Station for a venture with NASA known as Axiom Mission 4. NASA also has plans to use SpaceX's Starship in its Artemis lunar missions to ferry astronauts aboard the Orion capsule from orbit to the moon's surface. The rocket, which is in development, has yet to reach orbit in any of its nine flight tests beginning in April 2023. SpaceX's Dragon capsule is also a famous vehicle that is widely used for a variety of spaceflights. The capsule, which sits atop the Falcon 9 for launches to orbit, is capable of transporting both NASA astronauts and cargo to the space station. Under NASA's commercial crew program, the U.S. space agency has been paying SpaceX for years to conduct routine spaceflights to the International Space Station using the company's own launch vehicles. The first of SpaceX's Crew missions ferrying astronauts to the orbital outpost on the Dragon began in 2020, with the tenth and most recent contingent reaching the station in March for about a six-month stay. Standing nearly 27 feet tall and about 13 feet wide, Dragon capsules can carry up to seven astronauts into orbit, though most of SpaceX's Crew missions feature a crew of four. The Dragon spacecraft also was the vehicle NASA selected to bring home the two NASA astronauts who rode the doomed Boeing Starliner capsule to the space station in June 2024. Certifying the Starliner capsule for operation would give NASA a second vehicle in addition to Dragon for regular spaceflights to orbit. Because Boeing is still developing its Starliner capsule, Dragon is the only U.S. vehicle capable of carrying astronauts to and from the space station. It's also one of four vehicles contracted to transport cargo and other supplies to the orbital laboratory. For that reason, Musk's threat Thursday, June 5 to decommission the Dragon "immediately" would be a severe blow to NASA if he were to follow through on it. Musk, though, appears to already be backing off on the suggestion, which he made in response to Trump's own threats. In response to a user who advised Musk to "Cool off and take a step back for a couple days," Musk replied: 'Good advice. Ok, we won't decommission Dragon.' Seven astronauts are aboard the International Space Station, including three Americans. Four of the astronauts rode a SpaceX Dragon to the station for a mission known as Crew-10, while the remaining three launched on a Russian Soyuz spacecraft. Contributing: Joey Garrison, Josh Meyer, USA TODAY; Reuters Eric Lagatta is the Space Connect reporter for the USA TODAY Network. Reach him at elagatta@ This article originally appeared on Corpus Christi Caller Times: SpaceX at center of Trump, Musk feud: What that could mean for Texas