Charlesbank Capital Partners has hired Sandor Hau as a managing director and Matt Jacobson as a principal. Previously, Hau worked at Nomura Securities International where he served as managing director and head of corporate credit and special situations while Jacobson also worked at Nomura and Goldman Sachs.
Charlesbank Capital Partners is pleased to announce that Sandor Hau and Matt Jacobson have joined the firm. The two join Charlesbank’s investment team to help lead investments in attractive opportunities across the credit markets, supplementing the firm’s continued primary focus on private equity. They are based in Charlesbank’s New York office.
Sandor has 20 years of experience in the investment industry, helping to build profitable credit investing platforms at Goldman Sachs and Nomura Securities International. Most recently he served as Managing Director, and Head of Corporate Credit and Special Situations at Nomura. Investing globally, he managed a team of professionals in sales, trading and research for high yield, bank loans and distressed debt. Sandor joins Charlesbank as Managing Director. Matt brings a decade of related experience to his new role, having previously worked with Sandor at both Goldman Sachs and Nomura, and joins as Principal.
Charlesbank will employ an integrated approach to credit investing, with Sandor and Matt working in cross-functional teams with private equity professionals to share insights about industries and companies, and to identify opportunities with attractive risk-adjusted returns. In its credit investing activities, the firm will continue to employ its long-held strategy of seeking discounts to intrinsic value, balancing strong potential returns with carefully controlled risk.
The firm has been considering for some time how to deepen its credit expertise to realize significant crossover benefits between credit and private equity investing. “We have known Sandor for many years and are excited to have him and Matt join the team,” said Michael Choe, Managing Director and President of Charlesbank. “Sandor has established an impressive track record, with a valuable network of industry relationships, proven leadership skills and superior performance across a variety of challenging environments. We are excited to work with Sandor and Matt to find opportunities across the credit spectrum that will generate value for our investors.”
“Recent years have seen a proliferation of investment opportunities in credit, with compelling risk-return combinations available to those with differentiated perspectives,” said Sandor. “Charlesbank’s fundamentals-driven investment approach and its long track record of underwriting successful and diverse private equity investments position the firm well to expand its investing activities in credit. I’m thrilled to join the Charlesbank team and am excited to be part of this evolution for the firm.”
About Charlesbank Capital Partners
Based in Boston and New York, Charlesbank Capital Partners is a middle-market private equity investment firm managing more than $3.5 billion of capital. Charlesbank focuses on management-led buyouts and growth capital financings, typically investing in companies with enterprise values of $150 million to $1 billion, and also engages in opportunistic credit investing. The firm seeks to partner with strong management teams to build companies with sustainable competitive advantage and excellent prospects for growth.
For more information, please visit www.charlesbank.com.