Aurora Capital Group, a Los Angeles-based private equity firm with over USD2bn of assets under management, has made the following promotions within Aurora Private Equity and Aurora Resurgence.
Aurora Private Equity: David Alpern, Partner; Michael J Marino, Principal.
Aurora Resurgence: Joshua Phillips, Partner; Peter Leibman, Principal; Ryan McCarthy, Principal.
Gerald L Parsky (pictured), Chairman of Aurora Capital Group, says: "Aurora is focused on firm culture and on developing talent from within. We believe having a team committed to building long-term careers with Aurora creates an environment that attracts and retains the highest caliber professionals. It also allows us, from an investment perspective, to take a long-term view on risk that is aligned with our Limited Partners’ and to stay disciplined to a strategy meant to generate outstanding returns through all economic cycles. Congratulations to Dave, Michael, Josh, Peter and Ryan on this well-deserved recognition."
John T Mapes, Managing Partner of Aurora Private Equity, says, "Dave and Michael are outstanding investors and contributors to the private equity team and – together with the recent promotions on the Resurgence side of the firm – represent an exceptional depth of talent at Aurora, which positions us for our future success."
Anthony DiSimone, Managing Partner of Aurora Resurgence, said, "We proudly acknowledge the accomplishments of Josh, Peter and Ryan, three highly talented members of our investment team. They have been integral contributors to Aurora Resurgence’s successes and we look forward to continuing to benefit from their expertise. We congratulate them, as well as those promoted at Private Equity."
