GI Partners has added Achi Yaffe to its team as the firm’s first Operating Principal. Mr. Yaffe will provide support to the firm’s portfolio companies with the goal of value creation through operational improvements. Mr. Yaffe’s background includes experience with transaction execution, merger integration, 100-day planning, sales growth, and talent development.
“Achi is a strategy and operations leader with private equity, line operating, and consulting experience,” said Rick Magnuson, Founder and Executive Managing Director of GI Partners. “We continue to build our team to meet the needs of our firm moving forward, and the next step we needed to take was hiring our first Operating Principal.”
GI Partners invests from $50 million to $250 million in companies with enterprise values of $100 million to $750 million. Sectors of interest include technology, media & telecommunications, healthcare, retail & leisure, and business & financial Services. The firm currently manages over $12 billion in capital commitments. GI Partners was founded in 2001 and is based in San Francisco (www.gipartners.com).
“I am thrilled to join the GI Partners team,” said Mr. Yaffe. “It is an exciting time for the firm. I look forward to contributing to its momentum by helping strengthen our operational capabilities and partnering closely with our management teams to execute key initiatives that will build long-term value.”
Prior to joining GI Partners, Mr. Yaffe was a Principal for Lee Equity Partners helping portfolio companies develop business plans and execute strategies. Prior to Lee Equity, he worked for McKinsey & Company advising management teams of Fortune 500 and private equity-backed companies. Mr. Yaffe received his BS from USC and his MBA from Harvard.
Mr. Yaffe joins GI’s team of 23 private equity investment professionals and will be based in San Francisco.
© 2016 PEPD • Private Equity’s Leading News Magazine • 3-2-16