Vestar Taps Alpert As Consumer Sector Head

Jan 17 2012 | 12:53pm ET

Private equity firm Vestar Capital Partners has tapped Norman W. Alpert as head of its consumer sector. Alpert replaces Brian Ratzen who has left Vestar for Pamplona Capital Management.

Alpert is a managing director and one of the founders of the firm and also serves on the executive committee. He was formerly a senior executive in the management buyout group of the First Boston Corporation. 

Alpert’s appointment was one of a number announced recently by Vestar, which has promoted Andrew J. Cavanna and Brian P. O’Connor to managing director, John B. Stephens to principal and David N. Kestnbaum to vice president.

Cavanna, a member of Vestar's healthcare team, joined the firm in 2006 from The Blackstone Group. Prior to Blackstone, he was a senior associate at JPMorgan Partners and an analyst in the leveraged finance group at Merrill Lynch.

O’Connor is a member of Vestar's consumer team. He joined Vestar in 2000 from DLJ Merchant Banking Partners, spending two years at the firm prior to attending business school, rejoining Vestar in 2004.

Stephens, a member of Vestar's consumer and diversified industries teams, joined the firm in 2006. Previously, he was a member of the leveraged finance group at Wachovia Securities, where he worked on consumer- and healthcare-related financings. Mr. Stephens also worked at L.E.K. Consulting.

Kestnbaum, a member of Vestar's consumer and diversified industries teams, joined the firm in 2006 from JPMorgan’s Financial Sponsor Group, where he executed a variety of private equity-related M&A and financing assignments.

“We believe these promotions are a well-deserved recognition of our team’s talent and performance. We are pleased to recognize the contributions of these individuals and we look forward to sharing the benefits of their efforts with our partners in the future,” said Dan O’Connell, founder and CEO of Vestar, in a statement.

O’Connell also thanked Ratzen for his contribution to Vestar and wished him well “in his new endeavor.”

Vestar, with $7 billion AUM, specializes in management buyouts and growth capital investments, targeting companies in North America with valuations of $250 million to $3 billion in four key industry sectors: consumer, diversified industries, healthcare and digital media, and financial services.


In Depth

Q&A: Pantheon’s McCrary Says Private Equity Market ‘Robust’

Dec 17 2014 | 8:32am ET

Dennis McCrary is a partner at Pantheon, a private equity firm with $32.2 billion...

Lifestyle

Cohen Donates $1.5M To GOP Governors Association

Dec 10 2014 | 7:13am ET

The Republican Governors Association raised close to $25 million from October 1...

Guest Contributor

Q&A With Daniel Gallancy: Institutional Interest In Bitcoin Is Growing Steadily

Dec 12 2014 | 7:54am ET

Daniel Gallancy is founder and CEO of SolidX, a provider of total return swaps for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.