Welsh, Carson, Anderson & Stowe (WCAS) has added Gregory Lau to the firm as a General Partner and a member of its fundraising and investor relations team. Mr. Lau joins WCAS from FFL Partners, a middle-market private equity firm, where he was Managing Director and head of fundraising and investor relations.
“We are pleased to welcome Greg to WCAS,” said Tony de Nicola, President and Managing Partner of WCAS. “We look forward to benefiting from his deep expertise in fundraising and investor relations as we enhance our already strong capabilities in this important area of our firm and continue to strengthen our relationships with our global limited partner base.”
At FFL Partners, Mr. Lau was head of fundraising and investor relations and led the fundraising of FFL Capital Partners IV, which closed at its $2 billion hard cap in June 2015. He originally joined the firm in 2000 and served in both investing and fundraising roles over the years.
“I have long respected WCAS for its success investing in technology and healthcare over the past four decades. I am excited to join the firm as we seek to continue to build value for WCAS’s limited partners,” said Mr. Lau.
WCAS is focused exclusively on investments in technology and healthcare. Since its founding in 1979, WCAS has organized 16 limited partnerships with total capital of over $22 billion and is currently investing through Welsh, Carson, Anderson and Stowe XII LP, which closed in June 2016 with $3.3 billion in capital commitments. The firm is based in New York (www.welshcarson.com).
© 2017 Private Equity Professional | September 5, 2017