Balbec Capital Lands Andrew Dempsey to Lead Capital Formation

NEW YORK--(BUSINESS WIRE)-- Balbec Capital LP, a global private investment firm (“Balbec”), is pleased to announce the appointment of Andrew P. Dempsey as a Managing Director and head of Balbec’s Capital Formation Group.

Dempsey joins Balbec with over sixteen years of capital-raising experience across various products and structures including private equity, credit, real estate and hedge funds. At Balbec, Dempsey will lead the expansion of Balbec’s global investor base as well as develop new products and distribution channels.

“Andrew is a proven leader in private capital and brings considerable expertise to our platform. We are delighted to have him on board as we introduce new funds to our investor base,” said Balbec CEO Charles Rusbasan.

Dempsey most recently was a Managing Director at Easterly Capital, responsible for capital formation and business development. Prior to Easterly, Dempsey spent nine years at Fortress Investment Group, ultimately as Chief Operating Officer of the Permanent Capital Business Group and a member of Fortress’s Management Committee. Dempsey’s prior roles at Fortress include Global Head of Hedge Fund Marketing and Investor Relations.

A native of Huntington Beach, California, Dempsey received a B.B.A. degree in Economics and Finance with a second major in Mathematics from the University of Notre Dame, where he was a member of the varsity football team.

“I am excited to be joining Balbec Capital. They have a world class team and business with a proven track record of success of delivering great returns for their LPs. I look forward to growing the business and expanding our offerings to LPs globally,” said Dempsey.

About Balbec Capital LP

Balbec Capital LP is a global private investment firm with expertise in sourcing alternative credit investments, with a focus on obligors or assets in bankruptcy proceedings, restructuring, or some other form of distress. Founded in 2010, Balbec has invested over $2.4 billion in 14 countries. The senior management team has worked together for an average of 16 years, many with industry-related experience spanning over two decades. The company’s strategies typically include (i) investments in distressed opportunities where debtors or assets are subject to bankruptcy, insolvency or other restructuring processes, (ii) provision of capital in insolvency-based situations and (iii) investments and joint-ventures in alternative credit opportunities.

Additional information can be found at www.balbec.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20180912005233/en/

Balbec Capital LP
Peter Troisi
[email protected]

Source: Balbec Capital LP

---

Serious News for Serious Traders! Try StreetInsider.com Premium Free!

---

You May Also Be Interested In

• Mavro Asset Ecosystem Announces August 17 Launch of Public Token Sale on PinkSale
• Ethereum Price Prediction: $1,800 Reclaim Could Wake ETH as AlphaPepe Buyers Hunt the Next PEPE Before the Chart
• Best Crypto Presale to Watch Turns Heads as White House Shakes Crypto and Pepeto Fills Fast