SAN FRANCISCO--(BUSINESS WIRE)--Blum Capital Partners, a leading investment firm active in investing in both privately structured investments as well as strategic blocks of publicly traded securities, today announced that Peter Westley and Carol Fu have joined Blum Capital’s investment team as partner and associate, respectively.
Mr. Westley, 48, brings significant investment experience to Blum Capital. He was previously a Managing Director at Salomon Smith Barney and a Partner at ThinkEquity Partners. Most recently, he was a Partner at North Point Advisors, an investment banking firm specializing in mergers and acquisitions. Mr. Westley has been both an investor and financial advisor during his career, raising more than $10 billion in equity and debt capital, and advising on more than $2 billion of transactions for his clients in a variety of industries.
Mr. Westley received his MBA from the Graduate School of Business at Stanford University and BA from Dartmouth College.
“It is a privilege to be joining the firm,” said Mr. Westley. “Richard Blum’s long-term track record as a strategic financial investor is outstanding. His work as a philanthropist is equally impressive. I am also pleased to be joining Jane Su, who I have known and respected as an investor for more than 20 years. I look forward to working with Richard, Jane, and the rest of the team at Blum Capital, to take advantage of future investment opportunities on behalf of the firm’s investors.”
Ms. Fu, 28, joins Blum Capital with an extensive background in global equities. Previously, she was a senior analyst at Maverick Capital in New York City and San Francisco where she identified investment opportunities and conducted research within the industrial and energy sectors. Her experience also includes positions at Blackstone Group, Merrill Lynch and HSBC Securities, all based in Hong Kong, and at UBS in London. Ms. Fu holds a B.S. degree from the Imperial College in London, a Masters degree in Statistical Sciences from the University of Cambridge, and an MBA from the Wharton School at the University of Pennsylvania.
“We are fortunate to have professionals as accomplished as Peter and Carol join our team,” said Jane Su, Co-Managing Partner at Blum Capital.
Ms. Su further noted that Blum Capital plans to continue to enhance its team of senior investment professionals in the coming months to serve both the firm’s existing investors and to expand the Blum franchise.
About Blum Capital Partners
Blum Capital Partners is a San Francisco-based public strategic block and private investment firm with approximately $1.6 billion of equity capital under management. Blum Capital Partners was founded in 1975 and has invested in a wide variety of businesses, including through multiple going-private transactions. Throughout its history, Blum has demonstrated its expertise in proactively identifying attractive businesses to own, determining the most favorable ways to invest in those businesses across the public/private spectrum and helping to drive value creation as an active, engaged partner to management teams.