Black Diamond Boosts Distressed, P.E. Team

Aug 6 2010 | 3:03am ET

Black Diamond Capital Management has strengthened its distressed debt and private equity team with the hire of a longtime GSC Group executive.

The $5 billion Greenwich, Conn.-based alternative investments firm has named Philip Raygorodetsky a managing director on its controlled distressed and p.e. group. He will be charged with overseeing Black Diamond’s portfolio companies.

“Philips's knowledge, experience and skill-set make him a perfect fit for Black Diamond,” Stephen Deckoff, managing principal of Black Diamond, said. “He has an impressive breadth and depth of experience in both Chapter 11 and out-of-court restructuring and post-restructuring activities and he adds significant new bench-strength to our existing team.”

Raygorodetsky was senior managing director in the equity and distressed debt group at GSC. He joined that firm in 1997.


In Depth

bfinance: Fees Falling Across Asset Classes, Yet Overall Investor Costs Still Climbing

May 16 2017 | 9:53pm ET

Despite unprecedented attention on fees, new research from investment consultancy...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Risk-Based Compliance: Why Oversight Of Outsourcing Is Critical

May 10 2017 | 7:02pm ET

Compliance is notoriously one of the trickiest middle office functions for funds...

 

From the current issue of