Members - $35
Guests - $37
Private Equity Group Meeting
April 19, 2016
11:00 - 1:30pm
1735 Market Street
Philadelphia, PA 19103
“Finding Diamonds in the Rough”
Chief Investment Officer of Versa Capital Management
For more than 20 years, Paul Halpern and his colleagues have seen value where others have not. Paul and his firm, Versa Capital Management, invest in companies which have underperformed and are often in out of favor industries. Through strategic, operational, financial and management changes, the firm has repeatedly improved performance, achieving strong returns for its investors.
Paul will discuss Versa’s investment philosophy, target criteria, operational approach and lessons learned from more than two decades of acquiring underperforming companies. A frequent speaker on private equity and investing in distressed companies, we anticipate a true insider’s view.
This is a joint meeting with GPSEG’s Financial and Operations Executives subgroups. Members interested in attending are encouraged to register shortly.
About Paul Halpern
Paul Halpern is Chief Investment Officer of Versa Capital Management. He has responsibility for day-to-day oversight and supervision of the content, quality and implementation of Versa's investment process, including transaction sourcing, due diligence, underwriting and execution. Paul is a member of the firm's Investment, Portfolio and Management Committees, and is currently a Director of multiple Versa portfolio companies. He has been a member of Versa and its predecessors since 1995, prior to which he was a practicing attorney. Paul received a J.D. from Stanford Law School (with distinction, law review and Order of the Coif) and his B.A. from Reed College (Phi Beta Kappa).
About Versa Capital Management
Versa Capital Management, based in Philadelphia, is a private equity investment firm with more than $1.4 billion of assets under management focused on control investments in special situations involving middle market companies where value and performance growth can be achieved through enhanced operational and financial management. Versa’s portfolio spans more than 20 companies including retailers (Avenue Stores, Bob’s Stores and Eastern Mountain Sports) restaurants (Black Angus Steakhouses), community newspapers and manufacturers that service a variety of industries.
Much more about Paul and Versa Capital at www.versa.com.