MidOcean Partners hired two senior executives in a continued build out of its private equity business.
Marshall Phelps joins as managing director and partner and Jim Henderson as managing director on MidOcean’s investor relations team. The hires follow the addition of Erik Oken, former global chairman of investment banking at JP Morgan, earlier this month. MidOcean, since its inception in 2003, primarily targets high-quality middle-market companies in the consumer and business services sectors. The firm overall has grown to roughly $10 billion in discretionary assets which includes both private equity and credit strategies.
Phelps will provide strategic advice to public and private companies, private equity funds and entrepreneurs in connection with critical M&A and corporate finance transactions as well as long-term growth strategies. Prior to joining the firm, he spent over 15 years at Lazard as a Managing Director and senior member of the Telecommunications, Media & Entertainment group, where he was a leading advisor to clients across the business services spectrum, with particular expertise advising global digital media, tech-enabled services, entertainment, and related technology companies. Previously, Phelps practiced law in the private equity group of O’Melveny & Myers LLP, and in 2016 was recognized as a “40 Under 40 Dealmaker” by The M&A Advisor.
Henderson brings more than 16 years of investor relations and marketing expertise to MidOcean. Most recently, he was a managing director and co-head of Marketing and Investor Relations at Stone Point Capital LLC, a financial services-focused private equity firm. Prior to Stone Point, Henderson served for 13 years as the Head of Marketing and Investor Relations at Chilton Investment Company, LLC, a multi-strategy equity hedge fund manager. Before that, he spent 16 years as a specialist at Henderson Brothers Incorporated, serving on the trading floor of the New York Stock Exchange.
“As we continue to strengthen our team with best-in-class executives, Jim and Marshall are the latest examples of highly experienced investment industry professionals who we’ve had the pleasure of welcoming to MidOcean,” said MidOcean Chief Executive Officer Ted Virtue. “Jim and Marshall have established themselves as proven leaders in their respective areas of focus over the course of their careers, and I’m thrilled to have them as part of the team following a number of other strategic hires across our platform.”