Richard Leonard and Michael Koike have joined the private equity group of Angelo, Gordon & Co. as a managing director and vice president, respectively. Leonard previously was a managing director with Bruckmann, Rosser, Sherrill & Co., while Koike was a vice president with Ripplewood Holdings.
Angelo, Gordon & Co. announced today that Richard Leonard has joined the firm’s Private Equity Group as a Managing Director and Michael Koike has joined as a Vice President. Both are based in New York.
“We are pleased to have attracted two professionals of such high caliber to our firm’s Private Equity Group,” said David Roberts and Arthur Peponis, who jointly oversee Angelo Gordon’s Private Equity and Special Situations activities. “We believe Richard and Michael’s decision to join us is confirmation not only that this is a great time to find superb private equity talent but, as well, confirmation of the attractiveness of our group’s outstanding investment opportunities.”
Prior to joining Angelo Gordon in October 2009, Mr. Leonard was a Managing Director at Bruckmann, Rosser, Sherrill & Co. where he focused on leveraged buyout investments in the restaurant, retail, food and manufacturing industries. He began his private equity career at J.W. Childs Associates and was also previously with Audax Group. At these firms, he completed leveraged buyouts in the restaurant, healthcare and defense electronics industries. Mr. Leonard holds an A.B. degree from Harvard University.
Mr. Koike joined Angelo Gordon in February 2010 from Ripplewood Holdings, where he was a Vice President focused on the consumer products, manufacturing and telecommunications industries. Previously, he was a Vice President at AEG Power Solutions (formerly Saft Power Systems, a Ripplewood portfolio company) in Paris, France, and an Investment Banking Analyst at Merrill Lynch & Co. Mr. Koike holds an A.B. degree from Princeton University.
Angelo Gordon’s Private Equity Group makes investments with deal sizes ranging from $50 million to $500 million. Sector expertise includes consumer/retail, business services, financial services and healthcare services.
“The Private Equity Group at Angelo Gordon is a great team and I’m excited to be part of it,” said Richard Leonard. “The firm’s broad platform allows us to use the skills, expertise and experience of one of the leading multi-strategy alternative investment firms to seek excellent investments on behalf of our investors.”
“Angelo Gordon’s strategy and franchise allow us to invest at a very attractive time for the private equity industry,” said Michael Koike. “The firm’s expertise and reach made it a compelling opportunity to work with them.”
About Angelo, Gordon & Co.
Angelo, Gordon & Co. was founded in 1988 and has approximately $21 billion under management. Currently, the firm’s investment disciplines encompass four main areas: (i) distressed debt and leveraged loans, (ii) real estate, (iii) private equity and special situations and (iv) a number of credit oriented hedge fund strategies. Headquartered in New York, Angelo Gordon has over 100 investment professionals. To learn more, visit www.angelogordon.com