Gladstone Place brings on Patricia Figueroa as SVP

Figueroa is a veteran of Alcoa spinoff Arconic.

NEW YORK: Gladstone Place Partners has hired Patricia Figueroa as SVP, advising clients on corporate issues and investor relations.

Prior to joining the corporate and financial firm, Figueroa led IR at Arconic since the company was founded in 2016 when it was spun off from aluminum company Alcoa, the firm said in a statement.

Figueroa held investor relations roles at Alcoa, most recently as senior manager of IR. She began working at the company in 2011.

Figueroa could not be reached for additional comment.

Gladstone is advising the Public Investment Fund of Saudi Arabia on NEOM, a city development, via a contract worth $199,500, according to Foreign Agents Registration Act filings with the Justice Department. Gladstone is providing "comms and strategic advice" for U.S. audiences about NEOM, but is not contacting federal officials or seeking to influence policy. Gladstone CEO Steve Lipin registered as a foreign agent with the Justice Department in September, according to FARA documents.

The city is being designed to diversity Saudi Arabia’s oil-focused economy. Development is being overseen by Klaus Kleinfeld, who was CEO and chairman of Arconic, Figueroa’s former employer, until he resigned in 2017.

Lipin, former U.S. senior partner at Brunswick Group, launched Gladstone in 2017. The firm has worked on IPOs and M&A deals, including Disney’s planned acquisition of part of 21st Century Fox’s assets, which is expected to close in 2019.

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