Mesirow Financial Names Sacks and Galuhn CEO and President of Private Equity Business
CHICAGO, June 11, 2012 — Mesirow Financial today announced that it has named Marc E. Sacks and Thomas E. Galuhn, chief executive officer and president of Mesirow Financial Private Equity, respectively.
Sacks, who joined Mesirow Financial in 2004 to head the firm's Private Equity business, is an industry veteran with more than two decades of private equity investment experience. Over the course of his career, he has built a multitude of deep relationships with top-tier venture capital and private equity managers, as well as institutional investors in the U.S., Europe and Australia. In addition to running the Private Equity business, Sacks is a member of Mesirow Financial's management committee and board of directors.
Galuhn, who was one of the early partners in the firm's Private Equity business, has been with the firm since 1987. He has played a key role in the management and growth of this business over the years, most notably in building the firm's direct co-investment capability. With 30 years of private equity investing experience, Galuhn leads the direct co-investment activity and manages all aspects of investing, including direct and partnership investment sourcing, selection and monitoring. He also serves on Mesirow Financial's board of directors.
"I am delighted to announce the appointment of Marc and Tom to CEO and president," said Richard S. Price, chairman and chief executive officer of Mesirow Financial. "Marc's experience and relationships have helped us to meaningfully expand our access to premier private equity managers across the globe. In addition, Tom's leadership on the direct co-investment side of the business has elevated our platform and has been a true value-add for our clients. Perhaps the greatest testament to their success is the more than quadrupling of Private Equity assets under management from institutional investors since they began working together. Nothing speaks more highly of the quality of our team than that type of validation from our clients.""We are honored by these appointments," said Sacks. "Tom and I have worked as a team for the past eight years in building a world-class Private Equity business. This formalizes our role as leaders of the business and reinforces the strength of our Private Equity team."
Mesirow Financial is a diversified financial services firm headquartered in Chicago. Celebrating its 75th anniversary this year, the firm remains independent and employee-owned with approximately 1,200 employees globally. With expertise in Investment Management, Global Markets, Insurance Services and Consulting, Mesirow Financial strives to meet the financial needs of institutions, public sector entities, corporations and individuals. For more information about Mesirow Financial, visit mesirowfinancial.com.
Securities offered through Mesirow Financial, Inc. member NYSE, SIPC. Insurance services provided through Mesirow Insurance Services, Inc.