Jeffrey Kirt Joins Pamplona to Boost Company’s U.S. Private Equity Presence
Jeffrey Kirt has been appointed by Pamplona Capital Management, a specialist investment manager that provides an alternative investment platform across private equity, fund of hedge funds and single manager hedge fund investments, as it continues to strengthen its US private equity presence.
Mr
Kirt arrives from Oak Hill Advisors, L.P, where he was a partner
responsible for stressed and distressed investments, having joined the
firm in 2002. He also had senior research responsibility for the
aerospace, automotive and financial industries.
His
appointment follows that of Bill Pruellage last month, formerly
co-president at Castle Harlan; and increases to four the number of
partners based in Pamplona’s New York office.
Mr
Kirt joins more than 25 investment professionals at Pamplona, which is
currently investing its recently committed $4 Billion fourth private
equity fund.
Last
month Pamplona agreed to buy Mobile, Alabama-based BBB Industries, a
leading manufacturer and distributor of automotive parts. Other
transactions this year have included the sale of an 8.5% stake in oil
services company Nabors Industries Ltd; the acquisition Beacon Rail
Leasing for $450 million; and of a majority stake in Alvogen, one of the
fastest growing generics companies in the pharmaceuticals industry.
Source: Pamplona Capital Management