Russell Cassella Joins Revelstoke

Revelstoke Capital Partners has added Russell Cassella to its team as a new partner of the firm.

“Our team has worked closely with Russ for many years and we value his transaction sourcing, deal execution, and strategic insight immensely,” said Simon Bachleda, Managing Partner and Co-Founder of Revelstoke. “We look forward to having Russ be an integral member of our team and assist us in building great middle market healthcare and business services companies. Russ’s existing relationships with our investment team, operating partners, and portfolio company CEOs will facilitate a quick transition.”

Since January 2014, Mr. Cassella has been a partner with GCM Grosvenor, a large independent alternative asset management firm with approximately $50 billion in assets under management. At GCM Grosvenor, he was active with companies across a variety of industries, including healthcare and business services where he served as a member of the board of directors for numerous portfolio companies. Prior to his time at GCM Grosvenor, Mr. Cassella spent five years with the customized fund investment group (CFIG) of Credit Suisse (in January 2014 GCM Grosvenor acquired the CFIG from Credit Suisse). Earlier in his career he held investment banking, operating, and consulting positions with Deutsche Bank, Diageo, and Deloitte Consulting, respectively. Mr. Cassella has a BS from Carnegie Mellon and an MBA from New York University.

“I have enjoyed my time at GCM Grosvenor and am extremely grateful for the support GCM has shown me throughout my tenure. I look forward to working with Revelstoke and continuing their vision of building a top performing healthcare and business services focused middle market private equity firm,” said Mr. Cassella.

Revelstoke invests from $10 million to $250 million in companies that have at least $5 million of EBITDA.  Sectors of interest include healthcare services and products; transportation and logistics; specialty distribution; energy and energy services; building products; business and outsourced services; marketing services; financial services; industrial services; and medical technology. Revelstoke has $1 billion of assets under management, and since the firm’s inception in mid-2013, has completed 33 acquisitions, which includes 8 platform companies and 25 add-on acquisitions. The firm is headquartered in Denver (www.revelstokecp.com).

© 2017 Private Equity Professional | September 18, 2017

Print Friendly, PDF & Email

Related Articles

North Sky Hires Andrew Harris North Sky Capital has added Andrew Harris to its team as a Principal in its New York office. North Sky was founded in 2000 as the Piper Jaffray Pri...
Equality Asset Management Launched A new private equity firm, Equality Asset Management, has been launched by Thomas Roberts, formerly a Managing Partner at Summit Partners. Equality...
PPM Closes Co-Investment Fund PPM America Capital Partners, the private equity arm of PPM America, has closed its seventh co-investment fund, PPM America Private Equity Fund VII LP...
Cressey & Company Hits Hard Cap Cressey & Company has held a final hard cap closing of Cressey & Company Fund VI LP with $995 million of capital commitments and a related co-...
Leeds Equity Closes Sixth Fund Leeds Equity Partners has closed its sixth investment fund, Leeds Equity Partners VI LP, above its target of $750 million. Leeds Equity is focused exc...
Great Rock Expands Team Great Rock Capital has added Jared Grabow to its team as Managing Director of Originations. Mr. Grabow will be based in Dallas and will be responsible...