GI Partners has hired David Smolen as General Counsel and Chief Compliance Officer. In his new role Mr. Smolen will provide legal support, advice and guidance to GI on all legal and regulatory matters and will be based in GI’s Menlo Park headquarters.
“We are very pleased to welcome David to GI Partners,” said Rick Magnuson, GI’s Founder and Executive Managing Director. “As we continue to grow, David will play a key role in spearheading our legal and compliance activities. His joining will enable GI to maintain our firm’s high compliance standards and guide us through today’s changing regulatory environment.”
Mr. Smolen brings to GI Partners 18 years of experience, and joins the firm from Silver Lake, where he was Senior Counsel and Chief Compliance Officer. Previously, he practiced corporate law at Sullivan & Cromwell in New York and clerked for the Honorable Richard Suhrheinrich on the United States Court of Appeals for the Sixth Circuit.
GI Partners invests from $50 million to $250 million in equity in companies with enterprise values of $100 million to $750 million. Sectors of interest include IT infrastructure & services; healthcare services; leisure & retail; and financial & real estate services. The firm was founded in 2001 and is based in Menlo Park (www.gipartners.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 3-19-14