Thomas Anderman Joins Paine & Partners as Principal

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SAN FRANCISCO, NEW YORK and CHICAGO, July 14 /PRNewswire/ -- Paine & Partners, LLC ("Paine & Partners") announced that Thomas Anderman has joined Paine & Partners as a Principal in the firm's New York office.  Mr. Anderman will focus on new investment opportunities and existing portfolio companies.

"We are delighted to welcome Tom to Paine & Partners," said Mitchell Presser, a Partner of Paine & Partners. "Tom's expertise and experience in private equity and finance make him a valued addition to our team.  We look forward to the positive impact that Tom will have on our portfolio companies and our limited partners."

Mr. Anderman most recently was a Vice President at BAML Capital Partners in New York, where he focused primarily on investments in the consumer sector.  Previously, he worked for Freeman Spogli & Co. as an Associate in the firm's New York office.  He began his career as an Analyst in the consumer/retail investment banking group at Salomon Smith Barney / Citigroup Global Markets Inc.  Mr. Anderman earned a Master of Business Administration degree from the Kellogg School of Management and graduated from Stanford University with a Bachelor of Arts degree in Economics and a Master of Arts degree in Sociology.

About Paine & Partners, LLC

Paine & Partners provides equity capital for management buyouts, going private transactions, and company expansion and growth programs. Paine & Partners engages exclusively in friendly transactions developed in cooperation with a company's management, board of directors, and shareholders. The firm currently makes investments through its $1.2 billion fund, Paine & Partners Capital Fund III, L. P. For further information, see www.painepartners.com.

Contacts:

For Paine & Partners:

Andy Brimmer / Ed Trissel

Joele Frank, Wilkinson Brimmer Katcher

212-355-4449



SOURCE Paine & Partners, LLC

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