Palladium Equity Partners Announces Executive Promotions

NEW YORK, Dec. 13, 2010 /PRNewswire/ -- Palladium Equity Partners, LLC, a private equity firm based in New York focused on investments in the U.S. Hispanic marketplace, announced today that three senior members of its investment team have been promoted to positions of increased responsibility at the firm.

  • Luis Zaldivar has been promoted to Managing Director from Principal. Mr. Zaldivar joined Palladium in 2004 and focuses on consumer, food and restaurant investments. He serves on the Board of Directors of Taco Bueno and formerly served on the Board of Directors of Castro Cheese.  Mr. Zaldivar earned a B.S. in Finance from New York University's Stern School of Business and an M.B.A. from Harvard Business School.
  • Erik A. Scott has been promoted to Managing Director from Principal. Mr. Scott joined Palladium in 2005 and focuses on business and industrial services investments.  He serves on the Board of Directors of Regional Management Corp., Capital Contractors, Remesas Quisqueyana and Dolex.  Mr. Scott earned a B.A. in Economics with a concentration in Spanish from Vanderbilt University, and an M.B.A. from the Darden Graduate School of Business Administration at the University of Virginia.
  • Rafael Ortiz has been promoted to Principal from Vice President.  Mr. Ortiz joined Palladium in 2006 and focuses on healthcare and industrial services investments.  He currently serves on the Board of Directors of American Gilsonite.  Mr. Ortiz earned a B.S. from the Georgia Institute of Technology and an M.B.A. from Stanford's Graduate School of Business.

Other promotions this year include Yue Guan, Justin R. Green and Adam Shebitz promoted from Associates to Vice Presidents and Leon Brujis promoted from Analyst to Associate. Palladium has also added to its team, Julie Chang - Vice President of Investor Relations, Amanda E. Rahner - Senior Accountant and Kenneth K. Salas - Analyst.

Regarding these promotions, Marcos A. Rodriguez, founder and Managing Director of Palladium Equity Partners, LLC, stated "We are very pleased to recognize the hard work and accomplishments of these members of our investment team. These individuals have excelled in their professionalism and created value for our investors by working closely with the management teams at our portfolio companies.  As we look ahead, we continue to be enthusiastic about opportunities to invest in companies well-positioned to capitalize on the fast-growing U.S. Hispanic market."

About Palladium Equity Partners

Palladium Equity Partners, LLC, along with its affiliates ("Palladium") targets investments in business services companies as well as in financial services, consumer/retail, food/restaurants, healthcare, manufacturing and media businesses. Palladium has a focus on companies that are well-positioned to capitalize on the fast-growing U.S. Hispanic market. The principals of Palladium have directed investments of over $2.0 billion of equity in more than 60 portfolio companies over the last two decades. For more information about Palladium, please visit www.palladiumequity.com.

Contacts:


Palladium Equity Partners

Jeff Taufield / Lyndsey Estin

Kekst & Company

212-521-4800



SOURCE Palladium Equity Partners, LLC



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http://www.palladiumequity.com

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