From hedge fund to C-Suite: Samantha Greenberg joins Mint House from Citadel

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One of Citadel’s portfolio managers has found a comfortable new place to call home.

Samantha Greenberg, who has managed a technology portfolio at Citadel for the past three years, is leaving the hedge fund to join Mint House, a technology-based residential hotel agency that rivals Airbnb (ticker: ABNB) and

Marriott International

(MAR) service offers. His move marks a growing trend for Wall Street players to join the C-suite of companies with public aspirations.

Greenberg will join Mint House as CFO, putting her 20 years of experience in analyzing and investing in technology companies to help run one. In Mint House, Greenberg sees the opportunity to develop a brand that meets the needs of a new kind of traveler: those who enjoy the warm amenities of a

Airbnb

while wanting the consistency of a hotel chain.

“Mint House is the pioneer of a new category of hospitality, offering beautiful, highly appointed spaces, equipped with technologies that provide the comforts of home and the reliability of an upscale hotel while eliminating the many frictions of a hotel, ”Greenberg said. For example, customers can check in with their phone, avoiding a long queue, and can make many service requests through the app.

The chain, which tripled in size during the pandemic, operates in 15 cities across the United States. travelers. Mint House is emerging as a type of traveler category that caters to people who, thanks to extended pandemic-induced “work from anywhere” policies, seek longer term stays in warm cities. such as Austin, Miami and Nashville. The company competes with other newer players such as Sonder, Vacasa and Inspirato, all of which have reached valuations above $ 1 billion and intend to go public this year through acquisition companies. specialized.

But residential accommodation isn’t the only trend Greenberg is clinging to: it’s also part of a recent wave of Wall Street players leaving The Street to help run the very types of businesses that they previously covered. Katherine Fogertey, formerly Senior Food and Beverage Analyst at

Goldman Sachs

(GS), became

Shack Shack’s

(SHAK) CFO in June while Heather Bellini, former Managing Director of Goldman Sachs, joins cybersecurity company Deep Instinct as CFO in January. While being a CPA was once the traditional route to becoming a CFO, developing skills as an investor or analyst has grown in importance.

“Samantha combines the best of a financial executive with the best of a capital markets expert, joining an already impressive team of talented executives who have focused on smart growth,” said Tige Savage, member of the Mint House Board of Directors.

Before the Citadel, Greenberg founded Margate Capital Management, which focused on technology and consumer spaces. She worked at Paulson and Co. for almost seven years, after a stint at Goldman Sachs.

Write to Carleton English at [email protected]