Z Capital Group LLC has named Benjamin Webster as a managing director in investor development. Previously, Webster worked at BlackRock where he most recently served as director of the firm’s institutional client business.
NEW YORK, July 10, 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 the appointment of Benjamin Webster as a Managing Director in Investor Development. Mr. Webster will be based in Z Capital’s Lake Forest office to support the firm’s U.S. investors.
Mr. Webster joins Z Capital from BlackRock, where he most recently served as Director of the firm’s Institutional Client Business. With more than a decade of experience working with global alternatives platforms at BlackRock and Fidelity Investments, Mr. Webster built strong relationships with numerous stakeholders and was essential to capital raising efforts across diverse investor bases.
Previously, Mr. Webster served as Vice President in Institutional Wealth Services at Fidelity Investments, Regional Vice President over the Midwest territory at GE Financial / Genworth and Senior Consultant and Manager of the RIA business at Investmart, Inc.
“We are thrilled to welcome Ben to Z Capital as we continue to bolster our capabilities on our leading investor development team,” said James Zenni, President, Founder and Chief Executive Officer of Z Capital Group. “With decades of experience and deep relationships with institutional, family office and high net worth investors, Ben will undoubtedly be an impactful addition to our firm.”
“I am delighted to join the world-class team at Z Capital,” said Mr. Webster. “I look forward to leveraging my institutional, private client and consulting experience to help attract and retain high-caliber limited partners and support the firm’s new business initiatives.”
About Z Capital Group
Z Capital Group, L.L.C. and its subsidiaries (“Z Capital”) are a leading alternative asset management firm with approximately $2.3 billion of regulatory assets under management. For over two decades, the Partners of Z Capital have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, automotive parts, capital equipment and general manufacturing.
Z Capital creates value for its investors by working constructively with talented management teams to make businesses better, and generates investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage. The Z Capital Funds’ portfolio companies have aggregate annual revenues of approximately $1.3 billion, sell products in 57 countries, and have over 11,000 employees and an excess of 200,000 associates, directly and through joint ventures worldwide. The Z Capital investment strategy and portfolio companies are described at www.zcapgroup.net