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Versa Capital adds offices and staff in Chicago and Los Angeles

Special situation private equity fund Versa Capital Management has opened offices in Chicago and Los Angeles with the addition of Suzanne Yoon and David McReynolds.

Yoon joins Versa as director – Midwest US, based in Chicago.

Prior to joining Versa, Yoon was a senior vice president of CIT’s national restructuring group.

Previously, she co-founded LaSalle Business Credit/ABN Amro’s corporate restructuring group.

Yoon was formerly the co-chair of the American Bankruptcy Institute’s finance committee, and is an active member of the Turnaround Management Association and International Women’s Insolvency and Restructuring Confederation.

McReynolds joins Versa as director – Western US, based in Los Angeles.

He was previously a principal at American Capital, where he headed west coast operations for the special situations group.

He was formerly a founding partner and principal at Signature Capital Partners, an investment firm focused on special situation lending and distressed debt acquisition.

McReynolds currently serves as president of the Southern California Chapter of Turnaround Management Association and co-chair of the 2010 TMA Distressed Investing Conference.
 

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