Palladium Equity Partners has promoted Luis Zaldivar and Caleb Clark to the positions of Senior Managing Director and Managing Director, respectively, and hired Chris Allen as a new Principal.
“The well-deserved promotions of Luis and Caleb reflect their significant accomplishments in sourcing new investments, creating value at our portfolio companies and exemplifying the values of our firm,” said Marcos Rodriguez, Chairman and Chief Executive Officer of Palladium. “In addition, we are pleased to welcome Chris Allen, an accomplished investment professional possessing experience that is well matched to the Palladium team.”
Mr. Zaldivar, who joined Palladium in 2004, serves on the boards of directors of the Palladium portfolio companies Del Real, HealthSun, TransForce, DolEx, Raben Tire and Hy Cite. He also has served on the boards of Palladium portfolio companies including Fora Financial, ABRA, Castro Cheese, Sahale Snacks, Taco Bueno, Teasdale and Wise Foods. Earlier in his career, he was a Vice President of corporate development and strategic investments at Univision. Prior to Univision, he worked for Lehman Brothers in its mergers and acquisitions group and for Accenture’s strategic services consulting practice as a senior consultant. Mr. Zaldivar has a BS in Finance from New York University’s Stern School of Business and an MBA from Harvard Business School.
Mr. Clark, who joined Palladium in 2014, serves on the boards of directors of the Palladium portfolio companies Jordan, Cannella, and GoodWest. Prior to Palladium, he was a Vice President at Windjammer Capital Investors where he sourced, analyzed and structured investments in a range of industries including industrial, specialty distribution, food, aerospace & defense, and business services. Before Windjammer, Mr. Clark worked for Genstar Capital and Deutsche Banc Alex Brown. Mr. Clark has a BA from Middlebury College and an MBA from Columbia Business School.
Mr. Allen joins Palladium from Arlon Capital Partners, a middle-market investor in food and agriculture businesses. Prior to Arlon, he was an investment professional at GenNx360 Capital Partners and Windjammer Capital Investors, where he sourced, led and structured investments in a range of industries, including food, specialty distribution, industrials and business services. Mr. Allen began his career as a consultant at Bain & Company. He serves on the Board of Directors of Palladium portfolio companies Del Real and Kar’s Nuts. Mr. Allen graduated from the dual-degree engineering program at Morehouse College and the Georgia Institute of Technology with BS degrees in Mathematics and Electrical Engineering, respectively. He earned an MBA from Harvard Business School.
“It is gratifying to recognize the contributions of these outstanding professionals to our franchise and exciting to welcome new talent to our team, which numbers 49 today,” said David Perez, President and Chief Operating Officer. “We are proud that Palladium has continued to broaden and deepen its bench. Our 17 senior team members today have an average of 20 years of industry experience.”
Palladium invests from $50 million to $150 million of equity in companies that have $10 million to $75 million of EBITDA. Sectors of interest include consumer and food, business and financial services, industrials, and healthcare. Palladium has a focus on companies that operate in the US Hispanic market. Since its founding in 1997, Palladium has invested over $1.9 billion of capital in more than 30 platform investments and completed over 100 add-on acquisitions. The firm is based in New York (www.palladiumequity.com).
© 2017 Private Equity Professional | December 15, 2017