GI Partners taps Silver Lake’s Smolen for general counsel and chief compliance officer

Middle market private equity firm GI Partners has named David Smolen as general counsel and chief compliance officer. Prior to joining GI Partners, Smolen worked at Silver Lake where he served as senior counsel and chief compliance officer. Smolen will be based in the firm’s headquarters in Menlo Park, Calif.

PRESS RELEASE

MENLO PARK, CA, March 19, 2014 – GI Partners, a leading middle market private equity firm, today announced the hiring of David Smolen as General Counsel and Chief Compliance Officer. In this role, Mr. Smolen will provide legal support, advice and guidance to GI on all legal and regulatory matters. He will be based in GI’s Menlo Park headquarters.
“We are very pleased to welcome David to GI Partners,” commented Rick Magnuson, GI’s Founder and Executive Managing Director. “As we continue to grow, David will play a key role in spearheading our legal and compliance activities. His joining will enable GI to maintain our firm’s high compliance standards and guide us through today’s changing regulatory environment. We are confident that his significant experience and perspective will provide an immediate and meaningful contribution to our firm.”
Mr. Smolen brings to GI Partners 18 years of experience, and joins the firm from Silver Lake, where he was Senior Counsel and Chief Compliance Officer. Previously, he practiced corporate law at Sullivan & Cromwell in New York and clerked for the Honorable Richard F. Suhrheinrich on the United States Court of Appeals for the Sixth Circuit.
About GI Partners
Founded in 2001, GI Partners is a leading private equity investment firm based in Menlo Park, California. The firm manages over $10 billion in capital commitments for recognized institutional investors, including some of the largest state and sovereign pension funds in North America, Europe, Australia, Asia, and the Middle East. GI Partners is active in a number of key sectors, including IT Infrastructure & Services, Healthcare Services, Retail & Leisure, and Financial & Real Estate Services.
For more information, please visit www.gipartners.com.

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