Z Capital Partners has promoted William J. Monagle, Jr. to chief operating officer. Previously, Monagle worked as managing director of the firm. Z Capital is a private equity firm with offices in Lake Forest, Illinois and New York City.
LAKE FOREST, Ill., Oct. 15, 2013 /PRNewswire/ — Z Capital Partners, L.L.C. (“Z Capital”), a leading private equity firm that makes controlling investments in companies in need of revitalization or restructuring, today announced that William J. Monagle, Jr. has been named Chief Operating Officer. Mr. Monagle has served as Managing Director at Z Capital and been a member of the Investment/Operational Team since November 2012.
“Bill brings to this role more than two decades of leadership and investment experience in analyzing private markets as well as proven expertise in tax and accounting related issues,” said James J. Zenni, President and Chief Executive Officer of Z Capital. “Bill is a seasoned operations professional and I have the utmost confidence he will transition seamlessly to our executive leadership team while continuing to successfully execute on our distressed for control private equity strategy.”
“I am thrilled to be taking on this new role at Z Capital,” said Mr. Monagle. “I look forward to continuing to build on the firm’s strong track record and stellar reputation of delivering superior returns to investors.”
Prior to joining Z Capital, Mr. Monagle was a Partner and Senior Strategist with NEPC and had responsibility for the firm’s private markets research, manager search – due diligence activities and performance monitoring efforts. Mr. Monagle was also a member of the Partners Research Committee, Alternative Due Diligence Committee and the Real Assets-Infrastructure practice. Prior to his time at NEPC, Mr. Monagle was the Managing Director-Private Equity Research at Rogerscasey. He developed private equity investment structures for the firm’s clients and was responsible for the firm’s monitoring of approximately 150 private equity funds. Mr. Monagle authored the firm’s quarterly private equity market reviews and developed the firm’s private equity educational presentation.
Mr. Monagle received an M.S. degree in Taxation from Bentley College and received a B.S.B.A degree majoring in Accounting from Northeastern. He is a certified public accountant and a chartered global management accountant. Bill is a member of the AICPA and the MSCPA.
About Z Capital Partners
Z Capital Partners, L.L.C. is a leading private equity firm with approximately $1.1 billion of regulatory assets and committed capital under management that makes constructive, control investments in distressed middle-market companies that require turnaround, restructuring, or bankruptcy or are otherwise special situations. Z Capital invests in companies challenged by the need to effect immediate changes to their financial structure and or business model.
Z Capital’s Investment team has more than a sixteen year track record investing in distressed private equity and credit related strategies and in excess of 200 years combined experience. Industries in which the principals of Z Capital have invested include consumer products, steel, steel processors, agriculture, gaming, leisure – real estate, manufacturing, specialty services and automotive.
Z Capital portfolio companies currently have aggregate worldwide annual revenues of approximately $3 billion, sell products in 98 countries, and employ 26,000 associates directly and through joint ventures.
Z Capital specializes in managing assets in the distressed private equity / special situations and leveraged finance universe.
Z Capital’s investors include prominent global endowments, pension funds, insurance companies, foundations, family offices, wealth management firms and other financial institutions. For more information, please visit www.zcap.net.