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Stuart Armstrong Advising Aquiline

Stuart Armstrong has joined Aquiline Capital Partners as a senior advisor. He previously was president and CEO of Black Diamond Commercial Finance.

 

PRESS RELEASE

 

Aquiline Capital Partners LLC (“Aquiline”), a New York based private equity firm investing in financial services, today announced that Stuart A. Armstrong has joined the firm as a Senior Advisor. Mr. Armstrong has over 17 years of experience in the commercial finance industry, most recently serving as President and Chief Executive Officer of Black Diamond Commercial Finance L.L.C. Mr. Armstrong will assist Aquiline in evaluating future opportunities in the commercial and specialty finance sectors.

 

“We are very pleased that Stuart has agreed to assist Aquiline in evaluating opportunities in commercial and specialty finance,” said Jeff Greenberg, Managing Principal of Aquiline. “Stuart's experience, particularly in corporate finance, will further strengthen our capabilities.”

 

“Aquiline has quickly grown its investment capabilities in the commercial finance sector, amassing a very experienced advisory team,” said Mr. Armstrong. “I am very excited to be a part of the firm as it embarks on an ambitious strategy to capitalize on the growing opportunities at this point in the economic cycle.”

In 2005, Mr. Armstrong joined Black Diamond Capital Management to start Black Diamond Commercial Finance (“BDCF”), the firm's leveraged lending affiliate.

 

Prior to BDCF, Mr. Armstrong spent 12 years at GE Commercial Finance, where he was most recently Senior Managing Director and was Head of Corporate Lending's vertical industry financing groups. The largest business units that Mr. Armstrong led included the National Restructuring, Retail and Metals groups.

 

About Aquiline Capital Partners

Aquiline is a private equity firm based in New York investing globally in financial services sectors such as property and casualty insurance, specialty finance, securities, asset management, life insurance and transaction processing. Aquiline seeks to add value to its portfolio companies through strategic, operational and financial guidance.

SOURCE Aquiline Capital Partners LLC