P.E. Firm Boosts Deal Team

Jul 27 2009 | 10:52am ET

Private equity firm Prophet Equity has expanded its team to focus on sourcing, structuring and closing deals in a tough market for buyout shops. In the last six weeks, Prophet has added Charles Collie and Matt McCutchen to its roster for deal support. 

As an executive director, Collie brings decades of asset based lending and deal experience with PNC Business Credit, National City and National Bank of Canada. McCutchen, formerly with the ComVest Group and Sun Capital Partners, comes on board as a senior associate.

“Prophet Equity is continuing to see a surge in transaction opportunities that fit our investment sweet spot, namely strategically viable businesses that are in need of capital and operational know-how where partnering to revive cash flow is a priority for both old and new money on the balance sheet,” said CEO Ross Gatlin.


In Depth

Star Fund Managers Battered By Rocky Ride In Yields, Currencies

May 28 2015 | 6:05am ET

Some of the biggest names in the investment world have been whipsawed by the recent...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

The Road To Tax Alpha

May 28 2015 | 5:36am ET

Tax-related alerts are increasingly helping investment managers harvest tax alpha...

 

Sponsored Content

Editor's Note