Pine Brook, an investor in the energy and financial services sectors, has hired James (Jim) Rutherfurd as a new managing director. “My partners and I are very pleased to welcome Jim to Pine Brook,” said Howard Newman, president and CEO of Pine Brook. “We’re confident Jim’s experience and track record with firms operating around the globe will prove to be great assets as we continue to grow and build on our strong relationships in the investment community.”
Mr. Rutherfurd, whose background includes financial services and private equity, will head the firm’s investor relations and communication efforts, a role previously held by Managing Director Joe Gantz, who will continue to serve on the firm’s Investment Committee. Mr. Rutherfurd will also serve on the firm’s Investment Committee and oversee the direction of the firm’s co-investments.
“I am delighted to join the Pine Brook team and am honored to be succeeding Joe Gantz, one of the Pine Brook founding partners, who has done a terrific job building Pine Brook’s relationships in the investor community,” said Mr. Rutherfurd. “The firm’s distinctive ‘business building’ approach to investing in the energy and financial services sectors delivers long-term value to investors, and I look forward to working with Matt Zales and the rest of the Pine Brook investor relations team to contribute to Pine Brook’s success.”
Pine Brook has more than $5 billion of assets under management and invests primarily in energy and financial services businesses. In February 2014, Pine Brook announced the final closing of its second fund, Pine Brook Capital Partners II, LP, with total capital commitments of $2.4 billion. The firm has offices in New York and Houston (twww.pinebrookpartners.com).
Prior to joining Pine Brook, Mr. Rutherfurd oversaw limited partners relationships, fundraising and co-investments in North America and Latin America as a partner at 3i Group, including private equity, infrastructure and credit strategies. Previously, he served as executive vice president and managing director at Veronis Suhler Stevenson, where he led fundraising efforts for the firm’s private equity and structured capital funds. He has also served as a managing director at J.P. Morgan & Co. on the technology, media and telecoms investment banking team, a director in First Boston Corporation’s Media Group, and practiced corporate and securities law at Rogers & Wells (now Clifford Chance). He is a graduate of Princeton University, and earned his law degree at the University of Virginia.
© 2015 PEPD • Private Equity’s Leading News Magazine • 2-11-15
