KPS Raises Third Private Equity Fund, Makes New Hires

Oct 4 2007 | 6:10am ET

KPS Capital Partners has added six professionals to its investment team following the closing of its third fund, KPS Special Situations Fund III, with $1.2 billion of committed capital.

Randy Hicks, formerly a senior managing director of origination for FirstLight Financial, has been named managing director and director of business development.

In addition, Ryan Baker, Michael Houy, Evan LePatner and Lee Mlotek have joined KPS as associates, while Sarah Weintraub has joined the firm as assistant controller. Baker was formerly a mergers and acquisitions associate at Paul, Weiss, Rifkind, Wharton & Garrison.

LePatner was formerly an associate at Kohlberg & Company while Houy was formerly an associate at Sun Capital Partners. Mlotek was a financial analyst at Peter J. Solomon, specializing in restructurings and mergers and acquisitions and Weintraub was formerly an associate in KPMG's audit practice, specializing in financial services.

KPS Capital focuses on investing in restructurings, turnarounds and other special situations.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note