Sunday, 1 March 2015
Last updated 1 day ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…