TowerBrook Capital Becomes Latest Buyout Firm to Expand Leadership

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https://www.wsj.com/articles/towerbrook-capital-becomes-latest-buyout-firm-to-expand-leadership-11573153664

TowerBrook follows more-mature firms that have created new senior roles as part of succession planning

TowerBrook Capital Partners, the former buyout unit of George Soros’s family office, has become the latest private-equity firm to make changes in its senior management team.

TowerBrook told investors this week that it promoted managing directors Jonathan Bilzin and Karim Saddi to the newly created co-president role, according to a spokesman for the firm.

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