New York private equity firm Blue Wolf said Monday that it has named Victor C. Caruso as a senior advisor. Prior to joining Blue Wolf, Caruso worked with two unnamed private equity firms.
NEW YORK, NY, April 14, 2014 – Blue Wolf Capital Partners LLC (“Blue Wolf”), the New York-based private equity firm, today announced that Victor C. Caruso will work with the firm as a Senior Advisor. A seasoned professional with a focus on the aerospace and defense industries, Mr. Caruso will work closely with Blue Wolf to expand Blue Wolf’s presence in these sectors, and to evaluate and execute upon investment opportunities.
Mr. Caruso, 46, has 24 years of professional experience including private equity, investment banking, high-tech engineering and manufacturing, entrepreneurship and military service. Previously, he served as a senior investment professional with two private equity firms. Before transitioning to private equity, Mr. Caruso spent a decade in M&A investment banking at firms including Houlihan Lokey and Merrill Lynch. He received an MBA from U.C.L.A. and a B.S in Ocean Engineering from the U.S. Naval Academy.
“Through our investment in Channel Technologies Group, we have deepened our knowledge of the aerospace and defense industries; strategically identified these industries for further investment; and dedicated significant resources to support this strategic initiative. We are delighted to be working with Vic and look forward to deepening our relationship with him,” said Haranjeet Narulla, Partner at Blue Wolf.
Adam Blumenthal, Blue Wolf’s Managing Partner, stated, “Vic’s background in the Navy, coupled with his finance and investing experience, will bring invaluable perspective as we pursue investment opportunities in the aerospace and defense industries.”
“I am pleased to be joining Blue Wolf,” said Mr. Caruso. “Aerospace and defense-related businesses pose unique challenges, and I look forward to working with the Blue Wolf team to identify companies that can benefit from their innovative strategies for middle-market investing.”
About Blue Wolf Capital Partners
Blue Wolf Capital is a private equity firm that takes control stakes in middle market companies based in the United States and Canada, and works with those companies to resolve complexities and achieve sustainable growth. Blue Wolf invests in strong businesses whose value can be increased by constructive resolutions of complex challenges, particularly those involving financial or operational distress, troubled labor relations, or governmental or regulatory issues. In July 2013, Blue Wolf closed on $300 million in limited partner equity commitments for its latest fund, Blue Wolf Capital Fund III, L.P. For additional information, please visit www.blue-wolf.com.