MidOcean expands staff with two hires

MidOcean Partners has hired Spencer Potts as head of business development and Ruth Lane as head of investor relations. Previously, both worked at CIFC LLC where Potts was head of business development and Lane was head of investor relations.

PRESS RELEASE

NEW YORK–(BUSINESS WIRE)–MidOcean Partners (“MidOcean”), a leading alternative investment firm focused on middle market private equity and credit strategies, announced that Spencer Potts has joined the Firm as Head of Business Development and Ruth Lane has joined as Head of Investor Relations.

“Spencer and Ruth are both highly accomplished investment management industry executives,” said Ted Virtue, Chief Executive Officer of MidOcean. “We are thrilled to welcome them to our team and look forward to leveraging their deep relationships and alternative asset management expertise as we seek to deliver a premier solutions-based experience to our investors and expand our client base globally.”

Potts joins MidOcean from CIFC LLC, where he served as Head of Business Development. Previously, he spent eight years as Managing Director and Head of Business Development at Silver Creek Capital LLC, dedicated to the marketing of institutional investment portfolios centered around alternative assets including hedge funds, private equity and real estate. Prior to that, he was a Director in Merrill Lynch’s Hedge Fund Origination Group, sourcing and marketing institutional hedge fund portfolios. Potts holds a B.A. in History from the University of New Hampshire.

Lane also joins MidOcean from CIFC LLC, where she served as Head of Investor Relations. Previously, she was Associate Director of Investor Relations and Marketing at Mount Kellett Capital Management, where she was responsible for supporting the investor relations, marketing, and business development activities of the firm. Before that, she worked in institutional research sales and equity sales trading for Credit Suisse Securities. Lane graduated from Princeton University with a B.A. in Politics.

About MidOcean Partners
Established in 2003, MidOcean Partners is a New York-based alternative asset manager that specializes in middle market private equity and credit investments. Since inception, MidOcean has managed private equity funds with approximately $4 billion in commitments and focuses on high quality middle market companies with attractive strategic, operational and financial growth opportunities in the Consumer and Business & Media Services sectors. MidOcean Credit Partners, which launched in 2009, manages approximately $4 billion across a series of alternative credit strategies, collateralized loan obligations (“CLOs”), and customized separately managed accounts. For more information, visit www.MidOceanPartners.com.