Senator Chuck Hagel to Join McCarthy Capital as Senior Adviser

OMAHA, Neb.--(BUSINESS WIRE)--McCarthy Group, LLC announced today that former United States Senator Chuck Hagel will join McCarthy Group’s private equity business, McCarthy Capital Corporation, as senior adviser. Senator Hagel will maintain offices in Omaha and Washington, D.C.

“We are privileged to have Chuck involved in our business again. Chuck has a number of national and international opportunities so we are particularly pleased he has chosen to maintain his strong connection to Nebraska in working with us”

“We are privileged to have Chuck involved in our business again. Chuck has a number of national and international opportunities so we are particularly pleased he has chosen to maintain his strong connection to Nebraska in working with us,” said Mike McCarthy, Chairman of McCarthy Group, LLC.

Senator Hagel said, “I look forward to rejoining McCarthy Capital’s accomplished team to continue making quality investments.”

Senator Hagel has also accepted an appointment as Distinguished Professor at Georgetown University’s Edmund A. Walsh School of Foreign Service.

Senator Hagel was elected to the U.S. Senate from Nebraska in 1996 and was reelected in 2002. While in the Senate, Hagel served on the Banking Committee, the Foreign Affairs Committee, the Housing and Urban Affairs Committee, and the Intelligence and Rules Committee, among other committees.

Prior to his election to the U.S. Senate, Hagel was the president of McCarthy & Company. Before joining McCarthy & Company, Hagel was Deputy Administrator of the Veterans Administration; President and Chief Executive Officer of the Private Sector Council (PSC) in Washington, D.C.; Deputy Director and Chief Operating Officer of the 1990 Economic Summit of Industrialized Nations (G-7 Summit); President and Chief Executive Officer of the World USO; and Co-Founder of Vanguard Cellular Systems Inc. (a publicly traded company).

Senator Hagel is a director of Wolfensohn and Company, a member of Corsair Capital’s board of advisers, and serves on many charitable and public service boards. He is the author of the highly-regarded book, America: Our Next Chapter: Tough Questions, Straight Answers, published by HarperCollins in 2008 and was the subject of a 2006 biography entitled Chuck Hagel, Moving Forward. He is a graduate of the University of Nebraska at Omaha, and resides in McLean, Virginia with his wife, Lilibet, daughter, Allyn, and son, Ziller.

McCarthy Capital is a middle market private equity firm with offices in Omaha and Denver. Since 1986, McCarthy Capital has invested in over fifty companies, including industry leaders such as Cabela’s, HDR, Election Systems and Software, and Vornado. For more information about McCarthy Group and McCarthy Capital, please visit mccarthygroup.com.