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Aurora Capital Group Announces Management Appointment and Promotions

Los Angeles private equity firm Aurora Capital Group has appointed Steven D Smith as Partner. In addition, Michael J Marino has been promoted to partner with Aurora Private Equity, while Ryan McCarthy has been promoted to partner with Aurora Resurgence.

Gerald L Parsky (pictured), Chairman of Aurora Capital Group, says: "We are very proud to make each of these announcements. The addition of Steve Smith, whose investment and leadership experience spans a highly distinguished career at UBS and DLJ in leveraged finance and restructuring, will add value not only to each of our traditional investment programs in Private Equity and Resurgence, but also as we expand our capabilities across other areas of the middle market.

"Aurora is focused on firm culture and on developing talent from within. We believe having a team committed to long-term careers with Aurora creates an environment that attracts and retains the highest caliber professionals who are committed to the long-term interest of our Limited Partners. Congratulations to Michael and Ryan on their well-deserved promotions."

John T Mapes, Managing Partner of Aurora Private Equity, says: "Michael is an outstanding investor and contributor to the private equity team and – together with Ryan McCarthy who was promoted on the Resurgence side of the firm – exemplifies the exceptional depth of talent at Aurora, which positions us for our future success."

Anthony DiSimone, Managing Partner of Aurora Resurgence, says: "We proudly acknowledge Ryan’s accomplishments.  He has been an integral contributor to Aurora Resurgence’s successes and we look forward to continuing to benefit from his expertise.  We congratulate him, as well as Michael Marino at Private Equity."

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