York Capital Management (“York”), a global private investment firm, today announced that seasoned private equity investor Seth Pearson has joined York’s private equity group as Managing Director. Mr. Pearson will be responsible for deal sourcing, transaction execution, and portfolio company oversight and will be joining the investment committee of the York Special Opportunities Fund III (“YSOF III”), York private equity’s most recent investment fund, with approximately $800 million in committed capital.

Prior to joining York, Mr. Pearson spent over 13 years at Wellspring Capital Management LLC, most recently as a Partner. At Wellspring, he helped found and lead the firm’s healthcare investment efforts and also led investments in the niche manufacturing and specialty distribution sectors. Mr. Pearson began his career at Wachovia Securities, in the Leveraged Finance Origination & Execution group. He graduated cum laude from Harvard University with a Bachelor of Arts in Social Studies.

“We are delighted to add an executive with Seth’s skillset and leadership capabilities to our team,” said Zalmie Jacobs, Partner and Head of Private Equity at York. “Seth brings significant deal sourcing, due diligence and investing acumen across a variety of industries, as well as a proven ability to assist companies and management teams in successfully executing on growth plans and driving value. We look forward to his contributions to our firm and the companies in which we invest.”

Read more/Source: Yahoo Finance