Black Diamond Capital Management has appointed Samuel Farahnak as a Director in its Private Equity business. Mr. Farahnak will focus on identifying and evaluating controlling equity investments and M&A opportunities.
“Sam’s wealth of experience and industry knowledge will further strengthen our private equity team and expand our sourcing capabilities,” said Stephen Deckoff, Managing Principal of Black Diamond. “We are pleased to have him join the Black Diamond team.”
Prior to joining Black Diamond, Mr. Farahnak was a Vice President with Platinum Equity where he led many of the firm’s business development, investment origination and evaluation activities.
“I am thrilled to be part of Black Diamond,” said Mr. Farahnak. “I look forward to working with the team to help achieve the firm’s long-term goals and continue its tradition of excellence.”
Black Diamond invests in performing and distressed markets through the following three platforms: control distressed/private equity; hedge fund; and CLOs and other structured vehicles. The firm was founded in 1995 and employs more than 80 people across multiple offices, including Greenwich, CT; Lake Forest, IL; and London, UK (www.bdcm.com).
2014 PEPD • Private Equity’s Leading News Magazine • 7-17-14