NEW YORK, Aug. 15, 2016 /PRNewswire/ -- Z Capital Group, L.L.C. ("Z Capital"), a leading asset management firm with approximately $2.2 billion of regulatory assets under management across complementary private equity and credit businesses, including significant hospitality holdings, today announced that Sean Maddock has joined the firm as a Managing Director and Operating Partner, effective immediately. Mr. Maddock will serve as a member of Z Capital's Private Equity Investment/Operations Team focused on the management and oversight of portfolio company initiatives, including international luxury hotel and destination resort management.
Mr. Maddock has more than 30 years of experience in the hospitality and luxury travel industries. Prior to Z Capital, he served as the Regional Director of Operations at Evolution Hospitality and was responsible for overseeing acquisitions and the repositioning of hotels through renovation and expansion of food, beverage and entertainment offerings. Prior to Evolution Hospitality, Mr. Maddock spent several years at KSL Resorts, managing operations and the repositioning of world-famous hotel and spa destinations. While at KSL, he served as Vice President and General Manager at several leading properties, including The Homestead (VA), Arizona Biltmore and The Claremont Resort & Spa. Mr. Maddock previously gained operational experience working with some of the world's largest hospitality brands, including Starwood Hotels and Resorts and Shangri-La Hotels.
"Sean brings extensive experience in the luxury hotel industry to our deep bench of Operating Partners as we continue to expand our hospitality platform," said James Zenni, President and Chief Executive Officer of Z Capital. "I am delighted to welcome him to our team and am confident that his proven track record of delivering exceptional financial results and creating value though repositioning, acquisitions and enhanced service offerings will significantly benefit our portfolio companies as we continue to create and maintain premiere luxury destinations."
Mr. Maddock said, "I am excited to join Z Capital and look forward to working with the firm's portfolio companies and their management teams to create value across the firm's hospitality platform."
About Z Capital Group
Z Capital Group, LLC ("Z Capital") is a leading asset management firm with approximately $2.2 billion in regulatory assets under management across complementary private equity and credit businesses. Z Capital manages both opportunistic, value-oriented private equity and credit funds. For more information, please visit www.zcapgroup.net.
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SOURCE Z Capital Group, L.L.C.