Afsane Jetha is the Co-Founder, Managing Partner & CEO of Alta Semper Capital, a private equity manager founded in 2015 alongside Ronald Lauder (Chairman of Clinique LLC) and Richard Parsons (former CEO of Time Warner). She co-founded Work It, Mom! Prior to joining Semper Capital, Greg served as Founding and Managing Member of CP Capital Partners, LP. The firm seeks to create differentiated high yield exposure through primarily private equity backed, US non-large cap high yield issues, where WDO sees potential for price inefficiency. The fund's final close was first reported . At the same time, Blackstone had relationships with almost every major institutional investor in the world, a group that had, on average, $200million in assets invested with the firm. Wasserstein, who was immortalized in a 1989 Forbes cover story that cemented his infamous nickname, had a passion for the media, having interned at Forbes during his student years in 1969. He serves on the Board of Directors of USO Metro and the Board of Trustees of the Pomfret School. Executive Team - mClinical Technology Victoria has extensive experience in originating, structuring and monitoring venture capital transactions. That makes GSO Blackstones fastest-growing business in terms of both earnings and assets. Track ESG-related metrics across our portfolio companies and engage and collaborate with portfolio companies to consider recommendations from these findings. degree in Business Administration from Western New England University with a concentration in finance. At PWP, we seek talented people capable of broad and creative thinking with the drive to provide the highest quality advice to our clients. Previously, Mr. Jones was Head of West Coast Investment Banking at Wasserstein Perella and, prior to that, was Managing Director at Salomon Brothers from 1988 through 1994. Though DLJ investment banking staffers left in droves after the deal including James, though he stayed two years as part of the merger agreement Goodman, Smith and Ostrover flourished. In the meantime, it has cut back the pace of investments and is going after only the most compelling ones, in industry sectors including shipping, metals and mining, and natural gas. Jason New, a onetime bankruptcy lawyer who had been with DLJ since 1999 and worked on some of the most complex distressed deals, such as financing Level 3 Communications and Qwest Communications, joined GSO at the start. Before that she was a Director of Dresdner Kleinwort Wasserstein Private Equity Group. Prior to joining Sheffield, Mr. McLellan worked at Apollo Global Management, LLC (AGM) from 2004 2010. With nearly 400 . ALM, which in January 2005 changed its name from American Lawyer Media, was formed by U.S. Equity Partners L.P., a private equity fund sponsored by Wasserstein & Co. Founded in 2001, MVision Private Equity Advisers is widely recognized as one of the world's leading independent international alternative assets advisory firms, raising capital for Private Equity, Real Estate, Real Assets, Credit and Direct transactions in both the developed and emerging markets. GSO and Blackstone actively share information. ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) POLICY, TermsofUse and Other Important Disclosure. A deal between Blackstone and GSO, however, wasnt a no-brainer. GSO represents 26.6 percent of the firms $218billion in assets, on par with its $59billion real estate business and larger than both its private equity ($52billion) and Blackstone Alternative Asset Management hedge fund ($48billion) businesses. Lets face it, if a company can tap the public markets, they will, and theyll get a much better deal.. He worked across the private equity life cycle including fund raising, new investments, portfolio management and exits. Alta Semper Capital LLP is a limited liability partnership registered in England and Wales under no. High cash-on-cash returns with capital appreciation potential. Goodman is quick to credit the Blackstone brand for at least part of GSOs success. Today, the firm manages approximately $2 billion of capital on behalf of institutional and individual investors, including public and corporate pension funds, foreign governmental entities, endowments and foundations and high net worth individuals. There is a wealth transfer going on from banks shareholders to the investors in our funds, says Goodman. She co-founded Work It, Mom! Prior to joining Wasserstein Debt Opportunities Management, LP he was Senior Product Manager at J.P. Morgan for three years in their Hedge Fund services business in the United States. [9] James Coulter, co-founder of private equity firm TPG, says the opportunity is much more attractive for managers and investors now that banks which threw cheap money from depositors at troubled companies financing problems and pocketed the profit are not in the mix. Understanding Private Equity (PE) - Investopedia Private equity is capital that is not noted on a public exchange. The firm was launched in May 2013 by Rajay Bagaria with backing from Wasserstein & Co. Wasserstein & Co. is a private investment firm and the family office of the late Mr. Bruce Wasserstein, with offices in New York and Los Angeles. Wasserstein controlled Wasserstein & Co., a private equity firm with investments in a number of industries, particularly media. Bruce Wasserstein Net Worth | Celebrity Net Worth Private equity (PE) refers to capital investment made into companies that are not publicly traded. and co-managed the company for five years until its merger. Mr. Kelsey joined Wasserstein Debt Opportunities Management, LP in 2013 as an Associate. Tailor specific ESG inquiries and approaches based on various investment factors including the core industry sector of a particular investment. Wasserstein & Co. is an independent private equity and investment firm, with offices in New York and Los Angeles. Ibrahim joined Alta Semper in 2021 as a General Counsel. He has over 25 years of experience in investment banking and private equity and has been responsible for building and overseeing both industry and product groups at major investment banking firms. The firm seeks to create differentiated high yield exposure through primarily private equity backed, US non-large cap high yield issues, where WDO sees potential for price . In one of the largest B2B media transactions this year, Northstar Travel Group, which provides a broad array of products in the retail and corporate events markets, was sold from one private-equity firmthe Wicks Groupto another, Wasserstein Partners, Northstar CEO Thomas Kemp said today. In furtherance of this ethos and in accordance with our responsibilities to our clients and other stakeholders, EagleTree is committed to identifying and considering ESG issues, risks and opportunities associated with potential portfolio company investments and engaging with portfolio companies on these matters during our ownership. She holds her MBA from Harvard Business School and a Bachelor of Science in Economics from The Wharton School at the University of Pennsylvania. Loan prices dropped 30 points, obliterating almost the entire investment at least on paper. Prior to that time he was a Senior and Founding Member of the Merchant Banking Group of Wasserstein & Perella Co., Inc. since its inception in 1988. A patron of the arts and a noted collector, Mr. Lauder was Chairman of the Museum of Modern Art from 1995 to 2005 and now serves as the museums Honorary Chairman. Patience is the key, says Smith, adding that GSOs funds and compensation are structured in such a way that staffers dont have to feel compelled to put money to work in deals that dont make sense. My Top SPAC Play for 2021 - Data Intelligence. Prior to founding Colle Capital, Ms. Grace was a partner at Wall Street Technology Partners LP, a mid-stage technology fund, from November 2000 to February 2014, and a director of Dresdner Kleinwort Wasserstein Private Equity Group from November 2000 to October 2004. It was keeping up-to-date in its credit work on certain companies and identifying potential situations for investment. Wasserstein Debt Opportunities - PitchBook Data (212) 702-5602 Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. Mr. Dutton earned a Masters degree in Economics from University College Dublin and a joint Honors degree in Business and Economics from Trinity College Dublin. In addition, we remain committed to compliance with national, state and local labor laws in jurisdictions in which we invest and to provide a safe and healthy workplace consistent with national and local laws. While working at Sheffield from 2010 2016, Mr. McLellan led many of the largest positions analyzing long/short equity and credit investments. Deal Analysis: Queens Gambit SPAC To Acquire SWVL Thoughtful Electronics and Accessories for Smart Homes | Market leader and accessory manufacturer of smart home products such as Google Home, Nest . GSO had partnered with TPG to buy a $2billion portfolio of bridge loans from Citigroup. During his time at the IFC, he advised on the first PPP in the West Bank. "It's all family, every aspect of this place," Mr. Moss, who has edited New York since 2004, said in an interview last week at . Morants agent denied previous allegations he hit and flashed his gun at a teenager suggesting they were made to tarnish his reputation. For $340 Million, Globecomm Allows Wasserstein to Take it Private Wasserstein 3-in-1 Floodlight, Charger and Mount for Wyze Cam V3 (Camera Not Included) 4.8. EagleTree has always strived to maintain a strong culture of good governance to ensure that it operates in a socially responsible manner. Wasserstein Perella & Co. Wiki - everipedia.org Our close-knit team shares 70 years of combined specialist experience gained at leading private equity and investment firms. Upon his return from Vienna in 1987, he established the Ronald S. Lauder Foundation, which supports Jewish schools, camps and community centers in several countries in Eastern Europe. There Milken was leading whats now called the democratization of capital-raising, providing funding to small and medium-size companies that were starved for financing and whetting the appetites of investors for distressed and troubled companies that showed promise despite short-term woes. EagleTree intends to engage with clients and stakeholders, from time to time, in dialogue regarding how we can manage ESG issues in a way that is consistent with their initiatives. Wasserstein Perella & Co., sometimes referred to as "Wasserella" [citation needed], was a boutique investment bank established by Bruce Wasserstein, Joseph R. Perella, Bill Lambert, and Charles Ward in 1988, former bankers at First Boston Corp., until its eventual sale to Dresdner Bank in 2000 for some $1.4 billion in stock. Mr. Bagaria is the Advisors President and Chief Investment Officer. Over the last 30 years, Mr. Campbell has served as a member of the Boards of Directors of public and private companies operating both within the US and globally and for numerous investments while at Wasserstein & Perella Co., Veritas Capital and DC Capital. Joseph H. Lauder Institute of Management and International Studies. WASSERSTEIN - Wasserstein The Amazon Prime Video show's creative team reveals how a bidding war, authenticity, and passion fueled the adaptation of the best-selling novel. from the University of California at Berkeley. Mr. Bagaria was a board director of LVI Services, Inc., Generation Brands and Playpower, Inc. During the most recent recession, Mr. Bagaria was a manager of a multi-billion dollar senior loan vehicle. The firm invests in privately held mid-market businesses primarily headquartered in North America with a focus on the following industry sectors: media and business services; consumer; and water and specialty industrial. I dont feel like Im going to get my throat ripped out when I call GSO, says one CEO who has done multiple deals with the company. The GSO team has been through the ups and downs of numerous credit cycles, and theyre always worried and trying to protect the downside, says Timothy Walsh, chief investment officer of the $74billion New Jersey Pension Fund, which has committed to $1.1billion in investments in five GSO funds. Therefore, EagleTree may incorporate and alter different elements of this Policy for different portfolio companies across the stages of the investment management process, including during pre-acquisition, throughout ownership, and when positioning a portfolio company for an exit. We stand on this very busy street corner and see all this activity, says customized credit strategies partner Daniel Smith. The following March, Milken was indicted for racketeering and securities fraud. Afsane Jetha started her career in finance at Merrill Lynch and Wasserstein Private Equity before gaining additional experience at Permira in London as part of the consumer team. Wasserstein & Co. - Company Database | Wall Street Oasis If you disable this cookie, we will not be able to save your preferences. Private Equity Firms in Southern California Company Website Address Primary Contact Angeleno Group www.angelenogroup.com 2029 Century Park East Suite 2980 Los Angeles, CA 90067 . He was CEO since the firms formation in 2001 through 2012. J.P. Morgan and other Wall Street research firms changed their rating from a sell to a hold GSO had been hoping for a buy and Credit Suisse refinanced Hovnanians high-cost debt that was coming due in 2016 and that the naysayers were sure would sink the company. Mr. Lauder is also Chairman of the Board of Governors of the Joseph H. Lauder Institute of Management and International Studies at the Wharton School at the University of Pennsylvania. Afsane Jetha Ting-Li Wang/The New York Times. A Fundamentally Different Kind of SPAC | Nasdaq In contrast, GSO will take a minority stake, a seat on the board and a debtlike investment that pays a big double-digit coupon, but it will let management retain control. GSO was very synergistic and complemented our other businesses well.. Register now to read this article and more for free. He currently serves on the Board of Governors of the Middle East Institute and is a former Vice Chairman of the organization. Mr. Jones received his MBA from the Yale School of Management and his B.S. EagleTree believes its collaborativeapproach toinvesting createsvalue across a defined set of initiatives developed in partnership with portfolio company management. In 2008, Mr. Parsons served as a member of then-President-Elect Barack Obamas Economic Transition Team. PDF Private Equity Firms in Southern California - Los Angeles County Marina is based in Alta Sempers Cairo office.
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