RLJ Equity Partners has promoted Jerry L Johnson to managing director.
He will continue to work from the firm’s Bethesda-based office and report to Rufus H Rivers, managing partner.
Founded by Robert L Johnson, founder and chairman of The RLJ Companies, together with The Carlyle Group, RLJ Equity Partners invests in middle-market leveraged buy-outs, recapitalisations, and growth equity.
"Jerry brings a wealth of talent and experience to our team, and I am pleased to announce his promotion to Managing Director of RLJ Equity Partners," says Rivers. "He has consistently shown exceptional leadership in deal origination, investment acumen, portfolio management and will be a key member of the firm’s senior leadership team going forward."
"I am excited about my new role at RLJ Equity Partners and I look forward to continuing to assist RLJ in executing a successful strategy as well as reaching our goals for our investors and portfolio companies," says Johnson (pictured).
Johnson joined RLJ Equity Partners from American Capital, a publicly traded alternative asset management company with more than USD20bn of assets under management. Prior to American Capital, Johnson was a vice president in the financial sponsors and private equity group at Bank of America. He has served as a White House Fellow, Special Assistant to the Secretary of Defense, and is a life member of the Council on Foreign Relations. Johnson began his career with Donaldson, Lufkin & Jenrette, and prior to that, he was with McKinsey & Company.
RLJ Equity Partners invests in companies with enterprise values between USD50m and USD250m within aerospace, defence, automotive, transportation, business services, consumer and retail, general industrial and media sectors. RLJ Equity Partners currently has seven portfolio companies.
