Genstar Capital has promoted Rob S. Rutledge, Anthony J. Salewski, and Eli P. Weiss to managing directors. Also, the firm has promoted David J. Golde to principal. Genstar targets investments in the financial services, software, industrial technology and healthcare sectors.
SAN FRANCISCO, January 8, 2015 – Genstar Capital, a leading middle market private equity firm that focuses on investments in targeted segments of the financial services, software, industrial technology, and healthcare industries, today announced the promotions of Rob S. Rutledge, Anthony J. Salewski, and Eli P. Weiss as Managing Directors, and David J. Golde as Principal.
“Private equity is a human capital business and the development of our professionals is critical to our firm’s continued success. As we focus on the development of our investment professionals we are proud to promote these outstanding individuals in recognition of their dedication and contributions to the continued growth of our firm and to the long-term value they have created at our portfolio investments,” said Jean-Pierre L. Conte, Chairman and Managing Director of Genstar. Mr. Conte commented on each of the professionals:
“Rob Rutledge heads the firm’s industrial practice and continues to build this vertical with platform investments, targeted add-on acquisitions and operating advisors. He leads our current investments in MW Industries and Tecomet and was key to our exit of Woods Equipment Company.” Mr. Rutledge joined Genstar in 2003. After earning his MBA from Stanford University, he rejoined Genstar in 2007. Mr. Rutledge began his career with Salomon Smith Barney and received a Bachelor of Commerce (Honors) from Queen’s University.
“Since Tony Salewski joined us in 2007, he has been instrumental in building out our financial services and software verticals. He was key to our recent successful exits in Midcap and TravelClick, and leads our investments in AssetMark, Altegris and Asset International. In addition, Tony is an integral part of our fundraising efforts and helps drive firm wide initiatives.” Prior to joining Genstar, Mr. Salewski was the Chief of Staff at Barclays Global Investors (BGI). Prior to BGI, he was an Associate at Hellman & Friedman LLC. Mr. Salewski began his career in the investment banking division of Morgan Stanley. He received an MBA with distinction from Harvard Business School and graduated with honors from Harvard College.
“Eli Weiss’ expertise in the software sector has helped us create value for our investors, including the recent realizations of Evolution1 and Insurity, and led our recent investment in iSqFt and Telestream.” Mr. Weiss has over a decade of private equity investment experience in software-related sectors. Prior to joining Genstar, he was an Associate at Hellman & Friedman LLC and worked for Greenhill & Co. as an Analyst. Mr. Weiss holds an MBA from the Stanford Graduate School of Business and a B.A. from Yale University.
“David Golde has proven to be a highly skilled team member who exemplifies Genstar’s culture and investment philosophy and has leadership roles in a number of Genstar’s investments, including our recent investment in Pretium Packaging. We are excited that he will now join the firm’s senior management team where he can increase his responsibilities to drive value for our investors.” Mr. Golde first joined Genstar in 2006 as an Associate, and re-joined the firm in 2010 after receiving his MBA degree. He began his career at Credit Suisse First Boston, where he was an investment banking analyst. Mr. Golde earned his MBA from Stanford University and his BBA degree from the University of Wisconsin-Madison.
About Genstar Capital, LLC
Genstar Capital (www.gencap.com) is a leading private equity firm that has been actively investing in high quality companies for more than 20 years. Based in San Francisco, Genstar works in partnership with its management teams and its network of operating executives and strategic advisors to transform its portfolio companies into industry-leading businesses. Genstar manages funds with total capital commitments of over $3 billion and targets investments focused on selected sectors within the financial services, software, industrial technology, and healthcare industries.