Littlejohn Hires Tongalson for Business Development Role

Oct 15 2015 | 8:12pm ET

Littlejohn & Co. has announced the appointment of Jordan Tongalson as principal and head of business development.

Prior to joining Littlejohn, Tongalson was an executive director in the global industrials group at Morgan Stanley where he led building products and other industry coverage providing a full range of investment banking services.  Prior to that, he served as a vice president at The Blackstone Group where he advised Blackstone and external clients on M&A, restructuring and private equity/LBO transactions across a variety of industries.  He started his career in finance, holding related positions at J.P. Morgan and Siemens Corporation. 

“In this newly-created position, Jordan will be leading the initiative to enhance, augment, and extend our deal sourcing relationships and efforts,” said Brian Ramsay, president of Littlejohn. “He has direct involvement with our investment sectors and portfolio companies and brings over 15 years of experience that combine business development, M&A and private equity skills, as well as successful hands-on operating experience."  

Founded in 1996 and based in Greenwich, CT, Littlejohn & Co is a private equity firm investing in middle-market companies that are undergoing a fundamental change in capital structure, strategy, operations or growth. The firm is currently investing from Littlejohn Fund V, L.P., which has $2 billion in capital commitments. The firm manages an aggregate total of $4 billion across private equity, special situation and credit-based strategies.

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