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US TA Associates hires Michael Berk as principal

13/02/2004Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityUS Associates has hired Michael Berk as principal. Berk will work on leveraged buy-outs and recapitalisations of growth companies in the consumer, financial services and business services sectors.

'We are very pleased to welcome Michael Berk to TA,' said senior director P. Andrews McLane. 'He is a talented professional who brings with him relevant experience that will prove valuable as we continue to expand our investment activity.'

Berk joins the firm from JLL Partners where he was senior vice president and a member of an investment team managing $2bn in private equity funds. He was previously an associate at Frontenac Company.

TA Associates was founded in 1968 and currently manages $5bn. The firm provides growth equity capital and management buy-out financing for technology, financial services, healthcare-related and consumer businesses.

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