US Quadrangle Group appoints Gordon Holmes as managing principal

Most recently, Holmes was a general partner at Forstmann Little & Co., where his responsibilities encompassed sourcing, due diligence and negotiation of investment opportunities within the media and communications industry.

Prior to joining Forstmann Little in 1998, Holmes worked at Goldman, Sachs & Co. in its Singapore, New York and London offices.

'With the growth of the firm, we are delighted to welcome Gordon as a senior member of our team,' said Steven Rattner, managing principal of Quadrangle Group. 'His diverse investment background, his knowledge of the media and communications space and his international experience make him an excellent addition to Quadrangle. In his seven years at Forstmann Little, he was involved in numerous successful investments, and he is highly respected in our industry.'

Quadrangle Group is an alternative investment firm with $4bn in assets under management. It invests in media and communications companies through Quadrangle Capital Partners and in the securities of financially troubled companies across all industries through Quadrangle Debt Recovery Advisors.

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