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Vestar Capital makes nine promotions

Private equity firm Vestar Capital Partners has made nine promotions.

Evan Marks, Brendan J. Spillane and Oussama I. Takla have been promoted to managing director; Garrick D. Bernstein has been promoted to principal; Fabrizio Gualdi, Gregor Hengst and John B. Stephens have been promoted to vice president; and Patrick Hofmann and David N. Kestnbaum have been promoted to senior associate.

“We are delighted to have such talented individuals on our team and we are pleased to recognize their contributions to the firm,” says Daniel S. O’Connell (pictured), chief executive of Vestar. “These individuals have played a significant role in Vestar’s success during the recent challenging economic environment.”

Marks, based in Vestar’s New York City office, joined the firm in 2007. He is currently a member of Vestar’s resources group. Previously, Marks was with WebMD and prior to that he was vice president of marketing for Medco.

Spillane, based in New York City, joined Vestar in 2006 as executive vice president and corporate chief financial officer. He came to Vestar from SV Investment Partners, the US affiliate of Schroder Ventures, where he served as chief financial officer.

Takla joined Vestar Europe’s Paris office in 2001. Previously, he was in the corporate finance and merchant banking division of Goldman Sachs and prior to that he worked at Coopers & Lybrand as a management consultant.

Bernstein, based in New York City, came to Vestar in 2004. He is currently a member of Vestar’s media and healthcare groups. Previously, Bernstein was with Dolphin Equity Partners and prior to that he was a member of the global communications group at Merrill Lynch.

Gualdi joined Vestar Europe’s Milan office in 2005 after four years in the mergers and acquisitions department of Morgan Stanley Investment Bank in London and Milan.

Hengst joined Vestar Europe’s Munich office as a senior associate in 2008. Previously, he was with McKinsey in Munich and before that was with the law firm Freshfields Bruckhaus Deringer.

Stephens, based in Vestar’s Denver office, joined Vestar in 2006 and is presently a member of the consumer and diversified industries groups. Previously, he was a member of the leveraged finance group at Wachovia Securities and prior to that he worked at L.E.K. Consulting.

Hofmann joined Vestar’s Munich office as an associate in 2008. Previously, he spent two years in the investment banking division at Goldman Sachs in London, and prior to that he worked in several divisions of Deutsche Bank in Frankfurt.

Kestnbaum, based in New York City, joined the firm in 2006 and is currently a member of Vestar’s diversified industries and business services groups. Previously, Kestnbaum was with JPMorgan’s financial sponsor group.

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