New York, NY — June 14, 2006 — Palladium Equity Partners, LLC, a leading private equity firm based in New York, today announced that Gary D. Nusbaum has joined the firm as Managing Director. Mr. Nusbaum’s background includes extensive experience in private equity, including the U.S. Hispanic market and Latin America.
Marcos A. Rodriguez, Managing Partner of Palladium Equity Partners, said, “We are extremely pleased to have a seasoned professional like Gary join our team. He will deepen our ability to identify investment opportunities as well as to build the businesses of our portfolio companies. Gary has an impressive track record, especially investing in media and telecommunications companies targeting the broader Hispanic market. We believe his background will be very valuable to our overall strategy: to invest in companies expected to benefit from the explosive growth of the U.S. Hispanic population.”
Mr. Nusbaum said, “Palladium Equity Partners is a premier investment firm that works closely with operating executives and entrepreneurs to capitalize on opportunities in the Hispanic marketplace. The investment opportunities in this sector are substantial and rapidly growing; I have been attracted to them over my entire career. I look forward to working with Marcos and the entire Palladium investment team in creating and building businesses alongside talented management teams.”
Prior to joining Palladium Equity Partners, Mr. Nusbaum was a Managing Director and Head of Private Equity from 2003-2005 for Aetos Capital LLC, an independent investment management firm headquartered in New York. Mr. Nusbaum began his investment career at Warburg Pincus in 1989 where he became a Managing Director in 1997. At Warburg Pincus, he was a member of the firm’s media practice, built and ran its office in São Paulo, Brazil, and managed the firm’s Latin American practice.
Mr. Nusbaum is a graduate of the University of Pennsylvania from which he earned a Bachelor of Science in Economics in 1988 and a Masters in Business Administration from the Wharton School of Business in 1989.
Palladium Equity Partners, LLC (www.palladiumequity.com), based in New York, is a private equity firm focusing on investments in middle market companies in sectors including business and financial services, consumer/retail, food/restaurants, healthcare, manufacturing, and media. Palladium has a particular focus on companies that are well positioned to capitalize on the fast-growing U.S. Hispanic market. The principals have invested over $1 billion of equity in more than 30 portfolio companies over the last two decades. Formed in 1997, Palladium currently has committed equity capital in excess of $750 million.
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Contacts:
Jeffrey Taufield
Laura Walters
Kekst and Company for
Palladium Equity Partners, LLC
(212) 521-4800