Blum Capital Partners today announced that Peter Westley and Carol Fu have joined Blum Capital’s investment team as partner and associate, respectively. “We are fortunate to have professionals as accomplished as Peter and Carol join our team,” said Jane Su, Co-Managing Partner at Blum Capital. Blum Capital plans to continue to enhance its team of senior investment professionals in the coming months to serve both the firm’s existing investors and to expand the Blum franchise.
Mr. Westley was previously a Managing Director at Salomon Smith Barney and a Partner at ThinkEquity Partners. Most recently, he was a Partner at North Point Advisors, an investment banking firm specializing in mergers and acquisitions. Mr. Westley has been both an investor and financial advisor during his career, raising more than $10 billion in equity and debt capital, and advising on more than $2 billion of transactions for his clients in a variety of industries. Mr. Westley received his MBA from the Graduate School of Business at Stanford University and BA from Dartmouth College.
“It is a privilege to be joining the firm,” said Mr. Westley. “Richard Blum’s long-term track record as a strategic financial investor is outstanding. His work as a philanthropist is equally impressive. I am also pleased to be joining Jane Su, who I have known and respected as an investor for more than 20 years. I look forward to working with Richard, Jane, and the rest of the team at Blum Capital, to take advantage of future investment opportunities on behalf of the firm’s investors.”
Ms. Fu was previously a senior analyst at Maverick Capital in New York and San Francisco where she identified investment opportunities and conducted research within the industrial and energy sectors. Her experience also includes positions at Blackstone Group, Merrill Lynch and HSBC Securities, all based in Hong Kong, and at UBS in London. Ms. Fu holds a BS degree from the Imperial College in London, a Masters degree in Statistical Sciences from the University of Cambridge, and an MBA from the Wharton School at the University of Pennsylvania.
Blum Capital Partners has $1.6 billion of capital under management and has invested in a wide variety of businesses through multiple going-private transactions. The firm was founded in 1975 and is based in San Francisco, CA (www.blumcapital.com).