Clarence B. Schwab Joins TSG Consumer Partners as a Principal; To Open Firm's New York City Office.SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden -- TSG TSG The Smoking Gun (web site) TSG Technology Services Group (UK) TSG Technical Specification Group TSG Timing Signal Generator TSG Technical Support Group TSG Tumor Suppressor Gene TSG ThermoSalinoGraph Consumer Partners (TSG), the leading private equity investment firm specializing in middle-market branded consumer companies, announced today that Clarence B. Schwab has joined the firm as a Principal and that he will open an office for the firm in New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. . Mr. Schwab, 35, had previously been a Principal at Golub Capital, where he originated and evaluated new junior debt and equity investments in various companies, including consumer related firms, participated in portfolio management and headed the firm's marketing efforts. His responsibilities at TSG will include originating, evaluating, negotiating and monitoring new investments, and assisting in the firm's national marketing program. "We are pleased to welcome Clarence to our team," said Charles Esserman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "With our decision to hire Clarence and open an office in New York City, we continue to strengthen the origination and operating capabilities of the firm." Mr. Schwab, prior to joining Golub over four and half years ago, was a Senior Associate in mergers and acquisitions at Wasserstein Perella & Co. He was also a Marketing Associate at Schering-Plough Corporation, where he was a member of the product management team that launched Claritin allergy medication, one of the most successful launches in that company's history. Mr. Schwab is a Trustee of The New York City Citizens Budget Commission. He holds a B.A. degree in Economics from Columbia College, from which he graduated in 1991, and an M.B.A. from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University. , which he received in 1996. About TSG Consumer Partners Founded in 1987, TSG Consumer Partners L.P. pioneered the use of private equity in high-growth, middle market branded consumer companies, and has maintained this focus since inception, investing longer than any one else in this strategy. The fund has generated top quartile Quartile A statistical term describing a division of observations into four defined intervals based upon the values of the data and how they compare to the entire set of observations. Notes: Each quartile contains 25% of the total observations. returns on all realized branded consumer investments over three funds, and has developed a team of professionals with an unmatched breadth and depth of expertise. With over $800 million in capital under management, TSG has invested in such brands as Terra Chips, Glaceau VitaminWater, Don Miguel, Meguiar's, Harry's Fresh Foods, Famous Amos, MET-Rx and Mauna Loa Macadamia macadamia (măk'ədā`mēə), name for the nut of the Macadamia ternifolia, an evergreen tree native to Australia, but cultivated in Hawaii. The nuts, also called Queensland nuts, are eaten roasted or raw. Nuts, among others. The firm works closely with management teams to build leading companies and strong brands. |
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