New York, NY, April 4, 2014 – Lightyear Capital LLC (“Lightyear”), a New York-based private equity firm focused on financial services investing, is pleased to announce the promotion of Michal Petrzela to Managing Director.
Mr. Petrzela joined Lightyear full time in 2005, after working at Lightyear as a Summer Associate in 2004. Before joining Lightyear, Mr. Petrzela worked at Barclays Capital in London in the Financial Institutions Group, where he helped to develop a balance sheet advisory practice. Prior to Barclays, Mr. Petrzela worked at Credit Suisse in New York, also in the Financial Institutions Group, where he advised on mergers and acquisitions in both the United States and Europe. Mr. Petrzela began his career at Arthur Andersen as a consultant in the Financial Markets practice. Mr. Petrzela received a Master of Business Administration from the Stanford Graduate School of Business and graduated cum laude from Syracuse University with a Bachelor's in Accounting and Finance.
“Michal has developed keen investment insights into the financial services industry and has gained substantial operational experience that enables him to add value to Lightyear's investments,” said Donald B. Marron, Chairman and Founder of Lightyear. “Michal has demonstrated a strong commitment to Lightyear and is an excellent asset to our team.”
Mr. Petrzela also joins Lightyear's Investment Committee, which includes Chris Casciato, Michael Doppelt, Stewart Gross, Thierry Ho, Donald Marron, and Mark Vassallo.
“On behalf of Lightyear, I am pleased to welcome Michal to the Investment Committee and congratulate him on this well-deserved promotion,” said Mark F. Vassallo, Managing Partner of Lightyear. “Michal's promotion represents Lightyear's continued commitment to and success in developing talent within the company.”
About Lightyear Capital LLC
Lightyear Capital is a leading private equity firm making primarily control investments in North America-based, middle-market financial services companies. Based in New York, Lightyear, through its three affiliated private equity funds, has raised over $2.5 billion of capital and has completed investments across the financial services spectrum, including asset management, banks, brokerage, financial technology, insurance, and specialty finance. Lightyear brings unique strengths and discipline to its investment process, as well as operating, transaction, and strategic management experience, along with significant contacts and resources beyond capital. The senior team of professionals averages approximately 30 years of financial services-related experience and includes Chris Casciato, Michael Doppelt, Stewart Gross, Thierry Ho, Donald Marron, Michal Petrzela, and Mark Vassallo.
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