Meketa Welcomes Chris Rosato and Christian McCormick to Key Leadership Positions Supporting Private Market Solutions for the Wealth Management Marketplace

BOSTON--(BUSINESS WIRE)--Feb 4, 2025--

Meketa Investment Group (“Meketa”) and its subsidiary Meketa Capital LLC (“Meketa Capital”) are pleased to announce two new hires who will strengthen Meketa Capital’s efforts to develop private markets investment solutions for the wealth management marketplace while educating financial intermediaries and their clients on the role these investments can play in a diversified strategy.

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Chris Rosato has joined Meketa Capital as Head of Strategic Investment Development, where he will be responsible for helping to shape and execute Meketa Capital’s strategic vision. In his new role, he will develop new private market investment vehicles, customized alternative market solutions, and related investment services for Meketa Capital’s clients and strategic partners. He will also collaborate with Meketa Investment Group to leverage its investment capabilities, market insights, and operational resources to help Meketa Capital deliver value to the financial intermediary market. Before joining Meketa Capital, Rosato served as Head of Global Product Strategy & Development at Wells Fargo Asset Management.

Christian McCormick has joined Meketa as a Senior Vice President and Head of Client Portfolio Management, where he will provide private market investment support for Meketa Capital wealth management partners. McCormick has two decades of experience and a passion for explaining complex investment topics to a wide variety of investors in the private wealth space. Prior to joining Meketa, he was Senior Consultant at NEPC and Senior Client Portfolio Manager for Voya Investment Management.

“We are delighted to welcome Chris and Christian,” said Michael Bell, CEO of Meketa Capital. “Their experience and skills will help us with two of our biggest goals: developing new private market solutions for the wealth management marketplace and educating our partners on how to incorporate these investments into their financial planning and investment solutions to help their clients achieve their financial goals.”

“These new hires demonstrate Meketa’s commitment to support Meketa Capital in its efforts to increase access to the types of private market investments that Meketa Investment Group has been helping institutional investors with for decades,” added Stephen McCourt, Co-CEO of Meketa.

Rosato earned his Bachelor of Business Administration from Western Connecticut State University and his MBA from Babson College. He is a CFA ® charterholder and is a member of the CFA Institute and CFA Society Colorado. He also holds FINRA Series 7, 24, and 63 licenses.

McCormick earned his undergraduate degree from Principia College and holds the Chartered Financial Analyst ® designation. He is a member of the CFA Institute and the CFA Society Colorado and earned the Private Markets and Alternative Investments Certificate from the CFA Institute. He also holds FINRA Series 7 and 63 licenses.

About Meketa
Founded in 1978, Meketa is an employee-owned, full-service investment consulting and fiduciary management (OCIO) firm. As an independent fiduciary, the firm serves institutional investors in nondiscretionary and discretionary capacities. Meketa’s collective client assets under advisement represent approximately $2 trillion as of September 30, 2024. For more information, please visit www.meketa.com.

About Meketa Capital
Meketa Capital is a subsidiary of Meketa Investment Group focused on investment solutions for the wealth management marketplace. These products and services include: managing and distributing interval funds, providing asset allocation for model portfolios, managing customized private market fund vehicles, and providing general consulting services to advisors.

Chris Rosato, Head of Strategic Investment Development at Meketa Capital. (Photo: Business Wire)

Christian McCormick, Senior Vice President and Head of Client Portfolio Management at Meketa Investment Group. (Photo: Business Wire)

Air traffic controllers in Denver lost communications with planes for 90 seconds earlier this week and had to scramble to use backup frequencies in the latest Federal Aviation Administration equipment failure.

The outage at a control facility that directs planes around Denver International Airport on Monday afternoon affected communications, not radar, the FAA's head of air traffic control, Frank McIntosh, said during a House hearing Thursday. This communications failure follows two high-profile outages of radar and communications in the past 2 1/2 weeks at a facility in Philadelphia that directs planes in and out of the Newark, New Jersey, airport.

The FAA said in a statement that the Denver Air Route Traffic Control Center lost communications for approximately 90 seconds. McIntosh said both the primary and main backup frequencies went down, so the controllers had to turn to an emergency frequency to communicate.

“Controllers used another frequency to relay instructions to pilots. Aircraft remained safely separated and there were no impacts to operations,” the FAA said.

Rep. Robert Garcia of California told McIntosh during the hearing that these outages are happening more regularly and it’s concerning every time.

“We know that there are staffing and equipment problems at air traffic control,” Garcia said. “We know that the problems have gone back decades in some cases, but it’s still an absolutely shocking system failure and we need immediate solutions.”

Last week, the Trump administration announced a multibillion-dollar plan to overhaul an air traffic control system that relies on antiquated equipment. Air travel is safe even if the air traffic control system is old, but the problems in Newark were unacceptable and could have been prevented if the system had been upgraded sooner, said Transportation Secretary Sean Duffy in a Thursday op-ed in Newsweek.

The Newark airport has generally led the nation in flight cancellations and delays ever since both radar and communications went out on April 28 and again on May 9. A third similar problem happened Sunday, but that time the backup system worked and kept radar online.

“The safety of the traveling public cannot continue being put at risk,” Democrat and ranking member Rep. Rick Larsen said after the hearing. “Problems with our system have crossed administrations, but safety improvements cannot span generations. We need action now.”

The FAA and airlines that fly out of Newark met again Thursday to discuss cutting flights because there aren’t enough controllers to handle them all. More than 140 flights have been canceled at Newark Thursday.

Officials developed the plan to upgrade the air traffic control system after a deadly midair collision in January between a passenger jet and an Army helicopter killed 67 people in the skies over Washington, D.C. Several other crashes this year also put pressure on officials to act.

A United Airlines jetliner prepares to push off from a gate at Denver International Airport Wednesday, May 7, 2025, in Denver. (AP Photo/David Zalubowski)