In a strategic move to strengthen its executive management, Palistar Capital has promoted Ginu Thomas to the roles of chief operating officer (COO) and chief financial officer (CFO), effective immediately. This development signifies an expansion of Thomas’s responsibilities encompassing all facets of the firm's financial oversight, operational management, and administrative affairs.
Thomas initially joined Palistar Capital in September 2025 in the capacity of chief administrative officer, coming with a wealth of experience totaling more than 24 years across finance, operations, and management sectors. His broad expertise is expected to contribute significantly toward achieving operational efficiency and sustaining long-term value for the firm.
Expressing his enthusiasm for his expanded duties, Thomas stated, "I am honored to embrace this broader scope within Palistar and appreciate the confidence shown in me by Omar Jaffrey and the leadership team. The firm stands on a robust foundation in digital infrastructure investment and pursues a clear strategic direction. I look forward to advancing operational excellence and fostering ongoing value creation."
Before his tenure at Palistar, Thomas held several high-level positions that underscored his capabilities in financial leadership and operational management. His roles included serving as CFO at Dvora, an experiential real estate development company, and working with Greenspot, a company specializing in electric vehicle infrastructure. Further, Thomas dedicated 12 years to Angelo Gordon, where he was managing director and deputy COO specializing in real estate and private equity operations. He began his professional journey at Ernst & Young, gaining a decade of experience in mergers and acquisitions advisory and audit assurance.
Omar Jaffrey, the founder and managing partner of Palistar Capital, highlighted Thomas’s rapid and meaningful impact since joining the firm. "Ginu’s extensive expertise in finance, operational leadership, and scaling organizations made it a natural progression to expand his responsibilities. His leadership is instrumental as we pursue growth and advance our investment strategy," Jaffrey remarked.
Palistar Capital is a New York-based alternative asset manager that focuses on private equity and structured investments. With approximately $3.1 billion in assets under management, Palistar aims to leverage its leadership and operational capabilities to maintain competitive positioning in its market segments.
As COO and CFO, Thomas will be accountable for orchestrating the integration of financial management with operational processes to ensure seamless governance and support the firm’s strategic initiatives. This dual role consolidates significant areas of responsibility, emphasizing the firm's confidence in Thomas's ability to drive organizational performance.
While this leadership enhancement positions Palistar for future growth, it also brings challenges inherent to dual executive roles. Balancing financial stewardship with operational oversight demands a comprehensive approach to mitigate potential risks related to workload concentration and complex decision-making spheres.