Z Capital has appointed Gianni Russello as a managing director. Russello is a former managing director in the restructuring and special situations advisory investment banking group at Oppenheimer & Co Inc.
NEW YORK, May 22, 2017 /PRNewswire/ — Z Capital Group, L.L.C. (“Z Capital”), a leading alternative asset manager focused on opportunistic, value-oriented private equity and credit funds, today announced that Gianni Russello has joined the firm as a Managing Director responsible for private equity investment sourcing and transaction development. He will be based in Z Capital’s New York office.
Mr. Russello brings extensive deal origination and transaction development experience to his new role at Z Capital, having served as a Managing Director in the Restructuring and Special Situations Advisory Investment Banking Group at Oppenheimer & Co., Inc. (“Oppenheimer”) since 2009. As a senior member of Oppenheimer’s Investment Banking practice, Mr. Russello’s primary focus was advising middle market debtor and creditor parties on a broad range of transactions, including capital raising, distressed M&A, exchange offers and Chapter 11 reorganizations. He was responsible for sourcing, developing and executing new business opportunities driven primarily by his ability to leverage his understanding of the restructuring process to provide strategic advice and creative solutions to distressed debtors and their constituents. Prior to his time at Oppenheimer, Mr. Russello was a Vice President in the Special Situations Distressed Investing Group of Trust Company of the West, where from 2007 to 2009 he was a senior member of a team that managed $1 billion of secured and unsecured debt and equity securities in various distressed situations. Mr. Russello began his career as part of the Special Credits Group within JPMorgan Chase’s Investment Banking platform.
“We are excited to have Gianni on board and further expand the firm’s origination capabilities,” said James Zenni, President, Founder and Chief Executive Officer of Z Capital Group. “A seasoned veteran and advisor on numerous successful transactions and special situations, Gianni adds a great deal of expertise that will further position Z Capital for continued growth.”
“I am appreciative of the opportunity to join the talented team at Z Capital and look forward to contributing to the success of the firm,” said Mr. Russello. “I am eager to identify new opportunities by leveraging my restructuring and transactional experience to drive value for investors as Z Capital adds to its strong investment pipeline.”
About Z Capital Group
Z Capital Group, L.L.C. is a leading alternative asset management firm with $2.3 billion in regulatory assets under management across complementary private equity and credit businesses. Z Capital manages both opportunistic, value-oriented private equity and credit funds with offices in New York, NY and Lake Forest, IL.
Z Capital’s investors are some of the largest and most sophisticated global institutional investors in North America, Europe, Asia, Africa and the Middle East including public and corporate pension funds, university endowments, foundations, sovereign wealth funds, central banks and insurance companies. For more information, please visit www.zcapgroup.net.