An experienced investment and business development executive, Charles Rial began his career in 1979 as the president of Alaska Consulting Group. In this capacity, he served for four years, during which time he recruited investors and grocery operators to launch high-performing stores on the Navajo Reservation and in the Liberty City neighborhood of Miami, Florida. He also developed a turnaround plan for a natural foods store which became the profit leader for its chain for six years.
In 1983, he launched Charles Rial & Associates and served as its principal for four years.
Charles Rial’s accomplishments at the firm include arranging financing for industrial park expansions, shopping centers, a scenic railroad, and a 50,000-watt AM clear channel Navajo radio station. In addition, he analyzed the business potential and marketability of innovative technology under development at Northwestern University and the University of Pittsburgh, among other institutions. From there, Charles Rial served for six years as the founding managing director of Shorebank Advisory Services, where he provided consulting services to clients such as the Ford Foundation, Bank of America, and the Allegheny Conference on Community Development.
Subsequently, Charles Rial served a combined six years as the president and chairman of the management committee at Shorebanc Cleveland Corporation. The Cleveland team raised $75 million in capital during this period and financed 800 units of housing and 160 entrepreneurs. Moreover, he provided space for aspiring entrepreneurs by developing 240,000 square feet of small business incubator facilities. Charles Rial then worked for four years in an executive capacity with The Riverside Company before launching Bass Creek Advisors, Ltd.
As principal of the private equity fundraising firm, Mr. Rial has raised over a billion dollars for clients such as Hammond Kennedy Whitney & Company and Barings (previously known as Babson Capital Management). Since its inception in 2006, Bass Creek has exceeded its target fund size by 31 percent and secured numerous new institutional investors for its clients.