Vestar Capital Partners said March 18 that Winston Song and Nikhil Bhat were promoted to managing director while Jonathan Williams was named a vice president.
PRESS RELEASE
VESTAR CAPITAL PARTNERS ANNOUNCES PROMOTIONS
NEW YORK, NY – March 18, 2019 – Vestar Capital Partners, a leading U.S. private equity firm, today announced the promotions of three investment professionals. Winston Song and Nikhil Bhat have been promoted to Managing Director, and Jonathan Williams hasbeen promoted to Vice President.
“We are proud of the team we are building at Vestar, and are pleased to promote three very talented and deserving professionals,” said Dan O’Connell, CEO of Vestar. “Winston, Nikhil, and Jonathan have proven themselves instrumental to our investment teams and company management partners. We congratulate them, and look forward to their growing contributions to the firm and our investors.”
A member of the Firm’s Consumer Group, Mr. Song previously worked in the Global Leveraged Finance Group at Lehman Brothers. He began his career in the Strategic Partners Group at CSFB.
“Winston has played a critical role underwriting, driving value creation in, and monetizing some of our most successful consumer investments,” said Kevin Mundt, President of Vestar Resources. “We are excited about the future of our consumer franchise as it further benefits from Winston’s network and leadership.”
Mr. Bhat is a member of the Firm’s Business Services Group. He previously worked on the Industrials team at Advent International and began his career as a consultant at Bain & Company.
“Nikhil has been integral to our investment efforts in business services,” said Rob Rosner, Co-President of Vestar. “He has built substantial expertise across our focus subsectors, particularly information services and distribution. We will leverage Nikhil’s experience, relationships, and insights as we continue to build on Vestar’s long and successful track record in the space.”
Prior to Vestar, Mr. Williams was an analyst at Moelis & Company, where he executed M&A and restructuring transactions across a variety of sectors, including healthcare, telecommunications, and consumer/retail.
“Jonathan is a key member of our investment team and has distinguished himself through his creativity and analytical mindset throughout the investment process,” said Norm Alpert, Co-President of Vestar. “We look forward to Jonathan’s progression within our organization and the mentorship he provides to developing our other professionals.”
About Vestar Capital Partners
Vestar Capital Partners is a leading U.S. middle-market private equity firm specializing in management buyouts and growth capital investments. Vestar invests and collaborates with incumbent management teams and private owners to build long-term enterprise value, with a focus on Consumer, Healthcare, and Business Services. Since its founding in 1988, Vestar funds have invested $8 billion of capital in more than 80 investments in companies – as well as more than 200 add-on acquisitions – with a total value of approximately $50 billion. For more information on Vestar, please visit www.vestarcapital.com.