PE Specialist CAI Taps New Managing Partner

Aug 15 2012 | 10:45am ET

New York-based CAI Private Equity has hired Lincolnshire Management vet Allan Weinstein as a managing partner.

In his new role, Weinstein will be based in CAI's New York office and lead the firm’s United States investment effort, focused on energy and utility services, business and financial services, specialty/niche manufacturing, aerospace and healthcare.

Weinstein has nearly 18 years of experience in private equity investing. Prior to joining Lincolnshire, a leading middle market private equity firm, he was a senior credit analyst for Fleet Bank.

“Allan is a valuable addition to our partnership. He possesses a great deal of experience across a variety of industries and has led a number of successful investments,” said Les Daniels, managing partner and co- founder of CAI. “I’m excited to work with him as his energy and capability will help grow our United States investment efforts enormously.”
 
Founded in 1989, CAI specializes in buyouts, restructurings, acquisitions and recapitalizations through offices in New York, Toronto, Montreal and Vancouver. CAI has $650 million under management, is currently investing Fund IV, and is targeting companies that generate in excess of $5 million in annual EBITDA in the utility and energy services, healthcare, aerospace and defense, specialty manufacturing, and business and financial services sectors.


In Depth

Dillon Eustace: The Advantages of ICAVs

Feb 11 2016 | 7:51pm ET

As the growth of alternative investment vehicles continues, global asset managers...

Lifestyle

Citadel's Ken Griffin Donates $40M To New York's Museum of Modern Art

Dec 22 2015 | 9:23pm ET

Citadel founder Ken Griffin has donated $40 million to New York’s Museum of Modern...

Guest Contributor

Hedging Against Reputational Risk in the 21st Century

Feb 12 2016 | 7:18pm ET

For investors, the first step in researching a new fund or manager is to google...