Angeles Equity Adds New Team Members

Angeles Equity has added two new team members with the hirings of Martin Mumford as an operating partner and Jarret Rutstein as an associate.

“We believe Jarret and Martin will have a significant impact on our firm, and clearly demonstrate our commitment to attracting top talent,” said Timothy Meyer, co-founder and managing partner of Angeles Equity. “These appointments allow us to improve and expand our deal evaluation, and portfolio transformation and oversight.”

Prior to joining Angeles Equity, Mr. Mumford was a Principal in the Consumer, Industrials, and Services group at management consulting firm Oliver Wyman. Mr. Mumford served as an Infantry Officer in the US Army, where he held a number of leadership roles with the 101st Airborne Division. He has an MBA in Finance from The Wharton School at the University of Pennsylvania and a BA in International Relations from Stanford University.

Before joining Angeles Equity, Mr. Rutstein was as a Private Equity Associate at Alvarez & Marsal Capital Partners where he was responsible for evaluating, executing, and managing control-oriented investments across multiple industries. Earlier in his career he was an Investment Banking Analyst with Bank of America Merrill Lynch. He has a Master of Finance degree from the MIT Sloan School of Management and a BA in Political Economy from Tulane University.

“Martin and Jarret are two high caliber additions to our organization,” said Jordan Katz, co-founder and managing partner of Angeles Equity. “We are excited to have them join the team and are confident that they will play an integral role in the firm’s long-term growth and development.”

Angeles Equity makes control invests in companies with enterprise values up to $200 million that have headquarters and primary operations in the United States and Canada. Sectors of interest include aerospace, automotive, building products, capital goods, chemicals, electronics, manufacturing, metals, transportation & logistics, packaging and distribution. In January 2017, the firm closed Angeles Equity Partners I LP with $360 million in capital. The firm is headquartered in Los Angeles (www.angelesequity.com).

© 2018 Private Equity Professional | April 20, 2018

Print Friendly, PDF & Email

Related Articles

Brass Ring Closes Third Fund Brass Ring Capital has closed its third fund at its target of $50 million. The new fund was raised after just 90 days of marketing. Brass Ring inve...
CapStreet Promotes Two The CapStreet Group has promoted Adrian Guerra to partner and Kevin Johnson to principal. Both of these promotions became effective on January 1, 2019...
Twin Brook Backs Blue Point Twin Brook Capital Partners provided financing to support Blue Point Capital’s recent acquisition of W.A. Kendall and Co., a provider of vegetation ma...
New Growth Equity Platform at Blackstone Blackstone has hired Jon Korngold, a former managing director at General Atlantic, as senior managing director and head of Blackstone’s growth equity ...
Abacus Backs Platte River Add On Abacus Finance Group was the Administrative Agent and Sole Lender in support of the acquisition of Cutting Edge Services (CES) by In-Place Machining C...
Littlejohn Promotes Three Littlejohn & Co. has promoted Drew Greenwood to managing director, and Charles Leung and William McDavid have been promoted to vice president. ...