Paul has worked with a large number of private equity clients, guiding their portfolio companies through the life cycle stages of distress, recovery and exit. He recently completed a successful engagement to oversee and monetize a portfolio of distressed control, non-control and residual private equity assets for Black Diamond Capital Management. Paul’s engagement at Black Diamond was an extension of an earlier engagement working for the bankruptcy trustee appointed to oversee the The GSC Group, pending the sale of certain GSC interests to Black Diamond.
Prior to Black Diamond, Paul was a founding partner of Laud Collier & Company, a private equity management firm created to manage the legacy private equity portfolio of the CIT Group. LC&Co. facilitated the sale of this portfolio to a secondary fund managed by Goldman Sachs, and then went on to acquire four middle-market operating platforms. Paul was founder and president of CIT Equity Investments and served on CIT’s management committee. CIT invested in 37 buyout transaction with a realized IRR of 36% and a 2.4x multiple. Earlier in his career at CIT, Paul was National Group Manager for CIT’s middle market lending division, and helped establish CIT as a first-call lending source for private equity firms.
Paul graduated from Princeton University with an AB degree in economics and received his MBA with high distinction from The Tuck School of Business at Dartmouth.
He has served on the boards of Advanced Duplication Services, LLC, Aeromet Holdings, Inc., Ames Taping Tools, Berry Plastics Corporation, CAMP Systems International, LLC, Columbia Holding Corp., Dan-Loc Bolt & Gasket, Inc., Elkay Products, Inc., Evercare Products, Inc., The Lofland Company, Magic Cinemas, LLC, Oneida Molded Plastics, LLC, Rutland Plastic Technologies, Inc., Springfield Precision Instruments, Inc., Tread Corporation and Tru-Circle Corporation.