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Aequitas Capital Management Adds Offices & Team Members.

PORTLAND, Ore. -- Alternative investment firm Aequitas Capital Management, Inc., today announced the appointment of four executives to senior management positions at the company's newest office locations in Palm Beach, Boston, and San Diego. The appointments include Hedy Foreman and Michael Fawcett in Palm Beach; they will also be responsible for the Boston office where Gregg Spiro will be located. Tom Szabo will lead efforts in Southern California.

"The opening of our new office locations along with the appointments to our senior management team reflect Aequitas' continued growth and the strength of our business model," said Robert Jesenik, CEO of Aequitas Capital Management. "The additional team members bring a breadth of experience and skills that will strengthen the company as we continue to grow."

Biographical Information:

Palm Beach

Hedy Foreman joined Aequitas as Executive Vice President and Chief Information Officer, and will become part of the firm's private equity practice, supporting portfolio companies as well as the CarePayment([R]) finance product. Foreman's experience includes positions as Senior Vice President and Chief Information Officer at Health Dialog Inc., Vice President and Chief Technology Officer at Altria Group, and senior IT and business executive with Bristol Myers. Foreman will also work with Michael Fawcett and Gregg Spiro in our Boston office.

Michael Fawcett joined Aequitas as Executive Vice President. He will lead Aequitas' private equity practice, overseeing Aequitas Catalyst private equity fund as well as the firm's merchant banking strategy. Fawcett's experience as a partner with other private equity funds, in addition to his experience in mergers and acquisitions, restructurings, corporate transactions and as a CEO of various companies, will be a strong complement to the Aequitas team.

Boston

Gregg Spiro has joined Aequitas as a Managing Director in the Boston office, where he will work with Michael Fawcett and Hedy Foreman. Spiro has had a long career in corporate operations, private equity, troubled company investing and financial transactions. Spiro and Fawcett have worked together for nearly 15 years.

San Diego

Tom Szabo joined Aequitas as Executive Vice President based in San Diego. Szabo is an experienced CEO and investor in many start-up businesses. Most recently he was the CEO of Telanetix Inc., a publicly-traded provider of telepresence technology. Prior to Telanetix, Szabo founded Digital On Demand, a digital entertainment network with distribution contracts with major entertainment producers, including EMI, Sony, BMG, Universal and Disney.

About Aequitas Capital Management

Established in 1993, Aequitas Capital is a professionally managed and socially conscious alternative investment firm providing private equity and commercial finance products to investors and capital to the middle-market, healthcare, manufacturing, services and energy sectors. Within the healthcare sector, Aequitas offers a hospital-branded finance program called CarePayment([R]). The program enables patients to pay for hospital services at 0% interest while providing hospitals with immediate funding for patient-pay receivables. For more information, visit www.aequitascapital.com or call (503) 419-3500.
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Publication:Business Wire
Date:Apr 8, 2009
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