Vestar Capital Partners / News
Susumu Sekihata Joins Vestar Japan as Director
NEW YORK and TOKYO – June 5, 2007 - Vestar Capital Partners, a leading international private equity firm, announced today that Susumu Sekihata has joined the firm as a Director of Vestar Japan Advisers, an affiliated office in Tokyo.
Mr. Sekihata, a native of Japan, has six years of private equity experience in the US. Prior to joining Vestar Japan, he was Vice President and a founding member of Red Diamond Capital, a US middle market buyout group affiliated with Mitsubishi Corporation. Previously, Mr, Sekihata also held various line management positions at Mitsubishi Corporation both in the US and Japan.
Daniel S. O’Connell, Founder and Chief Executive Officer of Vestar Capital Partners, said, “Mr. Sekihata’s skills as a proven buyout professional, combined with his deep understanding of Japanese culture and business practices, will be an invaluable asset to Vestar Japan. Mr. Sekihata is one of few Japanese investment professionals with extensive buyout experience so we are pleased that he will be helping drive Vestar’s future success in Japan.”.
About Susumu Sekihata Mr. Sekihata worked for Mitsubishi Corporation, a Japanese trading house, between 1991 and 1999 which included various line management responsibilities. In 2001, he joined Mitsubishi International Corporation, a US subsidiary of Mitsubishi Corp., and in 2002 became a founding member of Red Diamond Capital, Mitsubishi’s US middle-market buyout practice.
Mr. Sekihata received an MBA from the Stanford Graduate School of Business in 2001 and a BA in Economics from Hitotsubashi University in 1991.
About Vestar Capital Partners Vestar Capital Partners is a leading international private equity firm. The firm’s investment strategy is targeted towards companies in the U.S., Europe and Japan with valuations in the $100 million to $5 billion range. Since the firm’s founding in 1988, the Vestar funds have completed over 60 investments in companies with a total value of over $20 billion. These companies have varied in size and geography and span a broad range of industries. The firm’s strategy is to invest behind incumbent management teams, family owners or corporations in a creative, flexible and entrepreneurial way with the overriding goal to build long-term franchise value. Vestar currently manages funds with committed capital totaling approximately $7 billion and has offices or affiliates operating in New York, Denver, Boston, Paris, Milan and Tokyo. More information about Vestar is available at http://www.vestarcapital.com.