Breakwater Expands Executive Team

Breakwater Management has added two new members to its team with the hirings of Darrick Geant as Managing Director and Joe Kaczorowski as Managing Director and Chief Financial Officer.

“We’ve known both Darrick and Joe for many years, and are excited to have such talented professionals join our team,” said Eric Beckman, Managing Partner of Breakwater. In his new position, Mr. Geant will be active in origination, execution and monitoring of Breakwater’s investments.  Mr. Kaczorowski is responsible for financial, legal, tax and general administration of Breakwater, its funds and its portfolios. He also serves as Head of Portfolio Management and as Breakwater’s Chief Compliance Officer.  Both Mr. Geant and Mr. Kaczorowski will serve on the firm’s investment committee.

“Darrick’s extensive leverage finance experience and Joe’s deep finance and operating expertise, both within investment firms and at private companies, will be hugely additive to Breakwater’s business,” said Managing Partner Saif Mansour.

Prior to joining Breakwater, Mr. Geant was a Managing Director at Goldman Sachs, where he co-led its middle market leveraged finance group.  Earlier in his career he worked at Barclays Capital, where he helped found the Los Angeles office and build the firm’s North American leveraged finance platform. Before Barclays Capital he was at DLJ and Credit Suisse as an investment banker focused on capital markets and advisory transactions.

Before joining Breakwater, Mr. Kaczorowski was the President of Grosvenor Park Media, an alternative lender focused on the media and entertainment industry.  Earlier in his career Mr. Kaczorowski served as President and Chief Financial Officer of HOB (House of Blues) Entertainment, a private equity-sponsored music and hospitality company that was sold to Live Nation Entertainment.  Mr. Kaczorowski began his career with CPA firm Kenneth Leventhal & Company. In addition, he has served on the Board of Directors for two publicly-traded companies, Napster and Roxio.

Breakwater specializes in direct investments in small to lower middle market growth businesses with annual sales ranging from $10 million to $200 million. The firm looks to generate both current income and capital appreciation through secured debt investments and equity participation rights, primarily in growth-oriented companies across a variety of industries. Breakwater is headquartered in Los Angeles (www.breakwaterfunds.com).

© 2017 Private Equity Professional | October 24, 2017

Print Friendly, PDF & Email

Related Articles

“The Exciting Game Without Any Rules” Valuations on middle-market private M&A transactions continued their torrid upward surge in the fourth quarter, according to GF Data’s just releas...
Bertram Hits Fund III Hard Cap Bertram Capital has held a hard cap final closing of Bertram Growth Capital III LP and Bertram Growth Capital III-A LP (collectively Fund III) with a ...
The Return of the Megafunds McKinsey & Company has published its 2018 annual review of private markets that confirms global fundraising and assets under management (AUM) reac...
Huron Adds and Promotes Detroit-based Huron Capital has hired Scott Hauncher as a new partner and promoted long-time employees James Mahoney and David Reynolds to Senior Part...
Silversmith Closes on $670 Million After just three months in the market, Silversmith Capital Partners has held a first and final closing of its second fund, Silversmith Capital Partner...
Monroe Forms Independent Sponsor Vertical Monroe Capital has established an independent sponsor finance vertical to focus on providing both debt and equity financing for acquisitions, mergers,...