TORONTO, July 8, 2014 /PRNewswire/ - Imperial Capital Group Ltd., a leading Canadian middle market private equity firm, today announced Glen Silvestri has joined the company as a Partner.
"Glen brings a wealth of private equity experience to Imperial Capital," said Jeff Rosenthal, co-founder and Managing Partner. "As we look to deploy the nearly $300 million we recently raised in our Fund V, we are delighted to welcome Glen to our focused deal team."
Mr. Silvestri joins Imperial Capital after nearly 13 years with the private equity group of Ontario Teachers' Pension Plan at a time when the invested assets grew 10-fold. He has a long and successful track record of investments in the business services, information technology and media space, which added over $1 billion in value for Teachers. His most recent role at Teachers was as Head of Telecom, Media, Technology and Energy & Power investing, where he also chaired the investment committee during some of the group's most successful years.
"I am thrilled to be joining such a successful firm," stated Mr. Silvestri. "Imperial Capital has a great history of helping entrepreneurial businesses blossom and grow into great organizations. I look forward to adding to that legacy."
About Imperial Capital Group Ltd.
Imperial Capital is a Toronto-based private equity fund manager that focuses on buy-out opportunities in the Canadian and American mid-market. Currently investing from its fifth fund with commitments of $295 million, Imperial Capital invests in targeted industry niches in the healthcare, branded consumer products, and business services industries with revenue between $20 million and $200 million.
For further information on Imperial Capital, please visit www.imperialcap.com.
SOURCE Imperial Capital Group Ltd.