Mr Adam Blumenthal

KANDO id: 16546

Bio

Adam Blumenthal is Co-founder and Managing Partner of Blue Wolf Capital Partners LLC, a private equity firm, and Blue Wolf Capital Fund II, L.P., a private equity fund, which specialize in control investments in middle-market companies in which managing relationships with government or labor, or resolving financial or operational distress, are critical to building value. He is a director of three Blue Wolf portfolio companies: American Builders Supplier, the largest independent supplier of doors, windows and trusses to homebuilders in Florida, Finch Paper LLC, a specialty papers manufacturer, and Gloucester Engineering Co., Inc., a leading provider of equipment for the plastics extrusion and converting industry. Mr. Blumenthal is a member of Blue Wolf’s investment committee. From 2002 to 2005, Mr. Blumenthal served as First Deputy Comptroller and Chief Financial Officer for New York City Comptroller William C. Thompson, Jr. In this capacity, he oversaw the capital markets' activities of the Comptroller's office, including management of the assets of the New York City Retirement Systems; issuance of budget, financial, and economic analyses; and oversight of the City's debt issuance. During his tenure, the City's pension assets increased from $65 billion to $85 billion primarily as a result of strong investment gains. Adam also led a restructuring of the Funds' operations and investment strategies, including the establishment of multi-billion dollar allocations to private equity, real estate, and inflation-linked securities; the creation of a risk management unit; and securing, for the first time, funding from the pension funds to hire professional investment staff. From 1989 to 2002, Mr. Blumenthal built and managed American Capital Ltd., a publicly-traded buyout and mezzanine fund (NASDAQ: ACAS), which is now a member of the S&P 500. When Mr. Blumenthal joined ACAS in 1989, it had one other employee and had not yet raised institutional capital. In the subsequent years, he played a central role in building it into a publicly-traded buyout and mezzanine fund with a portfolio of over $1 billion invested in sixty-three middle-market companies by the time he left in 2002. From American Capital's 1997 initial public offering until 2002, when he left American Capital to become First Deputy Comptroller of the City of New York, Mr. Blumenthal served continuously on ACAS's board of directors, was a founding member of its investment committee, and held positions including Chief Financial Officer, Chief Operating Officer, President and Vice Chairman. Over this time, American Capital produced a 22% IRR to investors in its initial public offering. Mr. Blumenthal received a B.A., magna cum laude, from Harvard College, and an M.B.A. from the Yale School of Management. He is currently a Donaldson Fellow at the Yale School of Management. From 2004 to 2007, he served on the Yale SOM's Board of Advisors. He is Chairman of the investment committees of the Nathan Cummings Foundation (managing an endowment of over $400 million) and of the Community Service Society of New York.