NEW YORK, Nov. 18, 2016 /PRNewswire/ -- Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a private investment firm with approximately $2.0 billion in assets under management, today announced that it has promoted three investment professionals to the position of Managing Director and three investment professionals to the position of Principal.
Marcos Rodriguez, Chairman and Chief Executive Officer of Palladium, said, "We are pleased to announce well-deserved promotions that broaden our leadership team and our firm as a whole. The promotions reflect years of service to Palladium and our investors, and significant accomplishments in sourcing new investments, creating value at our portfolio companies and exemplifying the values of our firm."
"It is gratifying to recognize the contribution of these outstanding professionals to our franchise," said David Perez, President and Chief Operating Officer. "The six outstanding individuals who are being promoted to Managing Director and Principal, respectively, have been at Palladium for an average of nine years and bring 72 years of combined private equity experience to our firm – a distinguishing characteristic of our team of which we are extremely proud."
The professionals who have been promoted to Managing Director are: Justin Green, who joined Palladium in 2004; Daniel Ilundain, who joined Palladium in 2005; and Adam Shebitz, who joined Palladium in 2006.
The professionals who have been promoted to Principal are: Yue Bonnet, who joined Palladium in 2006; Leon Brujis, who joined Palladium in 2007; and Caleb Clark, who joined Palladium in 2014.
Within the firm's finance team, Louisa Dalton was promoted to Vice President and Controller, Amanda Hanlon was promoted to Assistant Controller and Dale Pescatore was promoted to Associate.
In addition, Joe Chang was promoted to Senior Associate; Matthew Graziano, Anirudh Sathya and Sam Zakay were promoted to Associates.
About Palladium Equity Partners, LLC
Palladium is a middle market private equity firm with approximately $2.0 billion in assets under management. The firm seeks to acquire and grow companies in partnership with founders and experienced management teams by providing capital, strategic guidance and operational oversight. Since its founding in 1997, Palladium has invested over $1.5 billion of capital in more than 25 platform investments and over 90 add-on acquisitions. The firm focuses primarily on buyout equity investments in the range of $50 million to $150 million. The principals of the firm have significant experience in financial services, business services, consumer/food, healthcare, industrial and media businesses, with a special focus on companies they believe will benefit from the growth in the U.S. Hispanic population. Palladium is based in New York City. www.palladiumequity.com
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SOURCE Palladium Equity Partners, LLC