Private equity firm Blue Wolf Capital Management has named Joshua Gotbaum an operating partner. Most recently, Gotbaum led and managed Hawaiian Airlines through its Chapter 11 restructuring and reorganization. He has held several senior positions with the U.S. government, including Assistant Secretary of Treasury and of Defense in the Clinton Administration. Gotbaum was also a long-time investment banker with Lazard Frères.
In addition, the New York-based Blue Wolf announced that Gotbaum has agreed to serve as chairman and chief restructuring officer of Platform Learning, a provider of supplemental educational services. Platform has been operating in bankruptcy since June, and in November, Blue Wolf agreed to provide debtor-in-possession financing to the company.
Established in 2005, Blue Wolf makes control equity investments in middle-market companies, specifically those in which managing relationships with governments, labor unions, and other complex constituencies is critical to maximizing value.