| The Gates Group to Adopt New Brand Identity
CLEVELAND, Ohio — Effective June 1, 2008 — The Gates Group, LLC, a Cleveland, Ohio-based private investment firm, will transition to a new identity — Gates Group Capital Partners. The rebranding initiative is driven by efforts to better communicate the company's mission as an established investment management firm, as well as to create additional opportunities for investors.
In addition to the new name, the company has realigned the roles and titles of its associates to better reflect responsibilities and to better serve existing and prospective clients and investors. With that, the company has announced the following appointments:
- Walt Stuelpe, former Partner, has been appointed Chairman and will focus on deal origination, as well as developing and strengthening relationships with capital and strategic partners, current and prospective investors and investment intermediaries.
- Mike de Windt has been named Senior Managing Director and Chief Executive Officer. In this role, Mike will be responsible for fund administration and finance, investor communications, raising capital and strategic planning. Mike previously served as Partner.
- Graham White has been named Senior Managing Director and Chief Investment Officer for real estate and infrastructure investments. In this role, Graham will serve the primary role in sourcing, analyzing and executing deals. Graham also previously served as Partner for The Gates Group.
"The changes taking place directly benefit both our investors and clients," said Stuelpe. "With this new identity comes the ability to expand our investment opportunities, create value for our investors through strategic acquisitions and better serve all involved in our business endeavors."
About Gates Group Capital Partners
Founded in 2002, Gates Group Capital Partners is a Cleveland, Ohio-based private investment firm that invests in the North American parking and transportation industries through a family of independently operated funds, including Parking Real Estate Fund II, LP; Parking Management Fund II, LP; and Babcock & Brown Parking Management Fund I, LP. Total capital under management is in excess of $250 million.
For more information on Gates Group Capital Partners, visit www.gatesgroupcp.com
For additional information, please contact:
Jeffrey Guffey
Vice President & Chief Financial Officer
jguffey@gatesgroupcp.com
(440) 684-9900 x 15
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