Lightyear Capital has promoted Michal Petrzela to Managing Director. Mr. Petrzela joined the firm full time in 2005 after working at Lightyear as a Summer Associate in 2004.
“Michal has developed keen investment insights into the financial services industry and has gained substantial operational experience that enables him to add value to Lightyear’s investments,” said Donald Marron, Chairman and Founder of Lightyear. “Michal has demonstrated a strong commitment to Lightyear and is an excellent asset to our team.”
Before joining Lightyear, Mr. Petrzela worked at Barclays Capital in London in the Financial Institutions Group, where he helped to develop a balance sheet advisory practice. Prior to Barclays, Mr. Petrzela worked at Credit Suisse in New York, also in the Financial Institutions Group, where he advised on mergers and acquisitions in both the United States and Europe.
Mr. Petrzela began his career at Arthur Andersen as a consultant in the Financial Markets practice. He graduated from Syracuse University with a BS in Accounting and Finance and received an MBA from the Stanford Graduate School of Business.
With the promotion, Mr. Petrzela will also join Lightyear’s Investment Committee. “On behalf of Lightyear, I am pleased to welcome Michal to the Investment Committee and congratulate him on this well-deserved promotion,” said Mark Vassallo, Managing Partner of Lightyear. “Michal’s promotion represents Lightyear’s continued commitment to and success in developing talent within the company.”
Lightyear Capital makes control investments in North America-based, middle-market financial services companies. Lightyear has managed approximately $2.5 billion of committed capital with investments across the financial services sector, including asset management, banking, brokerage, financial technology, insurance, and specialty finance. The senior team of professionals at the firm averages approximately 30 years of financial services-related experience and includes Chris Casciato, Michael Doppelt, Stewart Gross, Thierry Ho, Donald Marron, Michal Petrzela, and Mark Vassallo. Lightyear Capital is headquartered in New York (www.lycap.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 4-8-14
