Meeting Open to ALL GPSEG Members!
Registration - $35
From Fundless Sponsor to Thriving P/E Fund
Founder, Cornerstone Capital Holdings
Fifteen years ago, Jonathan and a colleague left good jobs in finance, took a big chance and started looking for private equity deals as a fundless sponsor. Today, their firm, Cornerstone Capital Holdings, with offices in Philadelphia and LA, is a stable, thriving lower middle market P/E fund, with a current portfolio of 5 companies and a few successful exits. Sounds great, but there were highs and lows along the way, which Jonathan will share.
Please join us on Tuesday, November 17 to learn how Cornerstone made the leap from fundless to funded and the keys to success, many of which can be applied to your own work or P/E industry job search.
About Jonathan Alt
Jonathan founded Cornerstone Capital Holdings in 2000. For the two years prior to forming Cornerstone, he was involved in industry consolidations, mergers, and acquisitions with BGL Capital Partners, a Chicago-based merchant banking group. Prior to that, he was an Associate with the merchant banking group of Banque Paribas, where he was involved in arranging, structuring, and financing leveraged buyout transactions in a variety of industries. Jonathan received a B.A. in Finance from the College of Commerce and Business Administration at the University of Illinois.
About Cornerstone Capital Holdings
Cornerstone Capital Holdings is a private investment firm seeking acquisition opportunities in the lower end of the middle market. Formed in 2000 and with offices in Los Angeles and Philadelphia, the firm seeks to acquire controlling interests in leveraged buyout transactions throughout the continental United States. Their primary focus is low-tech manufacturing and industrial service companies with adjusted operating profits ranging from $1 million to $10 million annually. Much more about Jonathan and Cornerstone at www.cstonecapital.com.
Save These Dates
December 15 – Graeme Frazier, founder of Private Capital Research, will detail how his firm sources deals and conducts effective due diligence. PCR works only on the buy-side and sources acquisitions between $10 and $500 million for P/E funds.
January 19 – A new year tradition, we welcome back Paul Sloate, founder and chief investment officer of Green Drake Advisors. Paul will share his always thorough and insightful forecast of what’s ahead for the economy, how the private equity market will fare and where capital will flow to and from.
Members are encouraged to go the GPSEG website
to register for these meetings before they sell out.