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Waypoint Capital Group, the business associated with the investments of the billionaire Bertarelli family, announced on May 22 that Ron Cami would take over as general counsel.

Ernesto Bertarelli, Waypoint's chairman to whom Cami will be reporting, said in the announcement that he is pleased to welcome Cami to Waypoint and that Cami has all of the characteristics needed to work at the company.

“Ron has a reputation as an exceptional professional; he possesses a highly experienced and accomplished legal mind; and, he has always showed a deep responsibility in how he discharges these capabilities,” Bertarelli said in the announcement.

As a part of the job, the announcement said, Cami will have a seat on the group's board of directors. In his role he will work closely with Waypoint's chief operating officer, Stefan Meister, in “helping to create and then deliver the group's strategy for future business development and growth.”

Cami said in the announcement that he is “delighted” to begin work at Waypoint and cited the group's work culture as a reason he could not refuse the opportunity.

“I appreciate Waypoint's entrepreneurial spirit and its diversity of businesses, and recognise these are all enhanced by the unique 'culture of the possible' created and nurtured by Ernesto during many years of success,” Cami said in the announcement.

Neither Cami nor Waypoint immediately responded to requests for comment.

There is little detail about Cami's work history on his LinkedIn page. However, according to the announcement, he graduated from Rutgers University School of Law in 1993 and then clerked for U.S. District Judge Kevin Thomas Duffy of the Southern District of New York. Cami has experience in law firms and as in-house counsel. He worked as a partner at Swaine & Moore and in 2010 left to become the general counsel of TPG Global in San Francisco. In 2016, Cami began working at Davis Polk & Wardwell as a partner in its corporate department. There he led the firm's equity practice.

Cami is also a visiting professor at the University of California, Berkeley School of Law and teaches classes on mergers and acquisitions law.