NewOak Capital Beefs Up Financial Services Investments Team

May 11 2010 | 1:27pm ET

New York-based NewOak Capital has named Mark Ruh as a managing director and senior portfolio manager of financial services investments.

Ruh will serve as the head of NewOak's bank recapitalization investment efforts and report to the financial services investment committee, which is co-headed by Ron D'Vari, CEO and Donald Layton, senior executive adviser. Ruh will direct the day-to-day activities of the bank recapitalization investment team encompassing sourcing, analysis, transaction execution and management of portfolio company investments.

"The financial services sector, and particularly banks, currently present very attractive opportunities. This is an area of intense focus at NewOak Capital from a variety of angles," said D'Vari. "Mark's proven track record and hands on experience with financial services portfolio company transactions, operations and turnarounds fits very well with NewOak's expanding investment efforts in this space."

Prior to joining NewOak, Ruh was a Director at Castle Creek Capital, a private equity firm specializing exclusively in financial services company investments. He led transactions in all stages of the portfolio company lifecycle, and stepped into two operating and board member positions in distressed portfolio companies. Prior to joining Castle Creek in 1998, Ruh was a management and technology consultant at Ernst & Young.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note