Lightyear Capital – a New York based private equity firm that specializes in middle-market financial services companies – has promoted Daniel Freyman to Managing Director. In addition to his promotion to Managing Director, Mr. Freyman will also become a member of Lightyear’s Investment Committee.
Mr. Freyman joined Lightyear in 2007 from Credit Suisse where he spent nine years advising financial institution clients on mergers and acquisitions and capital raises. Mr. Freyman holds a BS in Applied Economics and Business Management from Cornell University.
“We are delighted to promote Dan to Managing Director after working with him for almost ten years. His knowledge of the financial services space has contributed positively to the success of Lightyear in identifying opportunities and growing existing investments. We value his insights and look forward to his continued contributions,” said Mark Vassallo, Managing Partner of Lightyear.
“I’m excited to take on this new role,” said Mr. Freyman. “Lightyear has a long history of investing in financial services, and I look forward to continue leveraging our collective experience to strive to create value for our investors.”
Lightyear makes control investments in North America-based, middle-market financial services companies. Subsectors of specific interest include asset management, banking, brokerage, financial technology, insurance, and specialty finance. The firm is headquartered in New York (www.lycap.com).
© 2016 PEPD • Private Equity’s Leading News Magazine • 1-19-16