On Jan. 12, 2016, Privateer Holdings, a Seattle-based private equity firm focused on the legal cannabis industry, announced that it has hired Dante Tosetti, formerly a Federal Reserve Bank Examiner, as Director of Treasury Compliance.
In his role at Privateer, Tosetti will focus on maintaining the company’s compliance with financial laws and regulations.
“Privateer Holdings is a leader in the legal cannabis industry thanks to its commitment to compliance, starting with a strong tone at the top, along with a team of driven, distinguished professionals,” Tosetti said in the company’s press release.
Upon the announcement, Michel Blue, founding partner and CFO of Privateer Holdings, explained, “We are thrilled to welcome Dante to our industry-leading team of professionals. His hiring is another strategic milestone for us and a reflection of our commitment to operating with the highest standards of compliance while forging new ground in accelerating the development of the cannabis industry globally.”
Tosetti’s appointment makes him the second former U.S. federal official to be hired by Privateer, as Patrick Moen, formerly an investigator with the DEA, joined the company in 2013 as managing director and general counsel.