MidOcean Hires Two CIFC Managers

MidOcean Hires Two CIFC Managers

midocean nf2MidOcean Partners has added two new members to its team with the hirings of Spencer Potts as the firm’s Head of Business Development and Ruth Lane as Head of Investor Relations.

“Spencer and Ruth are both highly accomplished investment management industry executives,” said Ted Virtue, Chief Executive Officer of MidOcean. “We are thrilled to welcome them to our team and look forward to leveraging their relationships and alternative asset management expertise as we seek to deliver a premier solutions-based experience to our investors and expand our client base globally.”

spencer potts nf1Mr. Potts joins MidOcean from CIFC – a private debt manager specializing in secured US corporate loans – where he served as Head of Business Development. Previously, he spent eight years as managing director and head of business development at Silver Creek Capital, where he marketed institutional investment portfolios centered around alternative assets including hedge funds, private equity and real estate. Prior to that, he was a director in Merrill Lynch’s hedge fund origination group, sourcing and marketing institutional hedge fund portfolios. Mr. Potts holds a BA in History from the University of New Hampshire.

ruth lane nf1Ms. Lane also joins MidOcean from CIFC, where she served as Head of Investor Relations. Previously, she was associate director of investor relations and marketing at Mount Kellett Capital Management, where she was responsible for supporting the investor relations, marketing, and business development activities of the firm. Before that, she worked in institutional research sales and equity sales trading for Credit Suisse Securities. Ms. Lane graduated from Princeton University with a BA in Politics.

MidOcean invests in middle market companies active in the business and media services, consumer, and industrial services sectors.  Through MidOcean Credit Partners, which launched in 2009, the firm manages approximately $4 billion across a series of alternative credit strategies, collateralized loan obligations, and separately managed accounts. The firm was founded in 2003 and has offices in New York and London (www.midoceanpartners.com).

© 2016 Private Equity Professional • 9-7-16

To search in site, type your keyword and hit enter