In partnership with Amy Weisman, Director of Business Development at Sterling for the past 14 years, Mr. Kahn will be responsible for identifying, originating and qualifying new investment opportunities and managing this effort across the firm.
“We are excited to have David join us and believe that his extensive experience in middle market business development will drive the continued development of this important function for Sterling,” said Douglas Newhouse, Managing Partner and Co-Founder of Sterling. “The combination of David Kahn and Amy Weisman will broaden Sterling’s business development efforts as we invest our $721 million fund.”
Prior to joining Sterling, Mr. Kahn spent ten years as Director of Investment Development for American Securities where he led that firms business development activities. Prior to that, he spent five years at GE Global Sponsor Finance where he financed private equity transactions, equity co-investments and limited partnership fund investments, and worked extensively with Sterling. Prior to joining GE, Mr. Kahn was a professional in the Corporate Finance and Investment Banking Divisions of Deutsche Bank. Mr. Kahn also worked in the Middle Market Banking Group of Chemical Bank. He received a BA in Economics from Hobart College and an MBA degree in Finance from Columbia.
Sterling Investment Partners invests in companies with revenues of $50 million to $300 million and EBITDAs of $10 million to $40 million. Sectors of interest include business services, industrial and consumer value-added distribution, niche manufacturing, and transportation and logistics. Sterling has approximately $1.25 billion of equity capital under management and was founded in 1991. The firm is based in Westport, CT (www.sterlinglp.com).
© 2014 PEPD • Private Equity’s Leading News Magazine • 11-19-14