Littlejohn & Co. named Philip Lo to the new role of managing director of capital formation in the private equity group.
Lo will oversee fundraising and investor development for the private equity funds at the $8 billion private investment firm. Bringing more than 15 years of business development experience, Lo joins from GPI Capital.
“Philip is a seasoned investment and business development professional with a deep global network of relationships across the institutional investment community,” said Michael Klein, CEO of Littlejohn, based in Greenwich, Conn. “We are pleased to welcome an executive of his caliber to Littlejohn as we continue to expand our PE business.”
The firm is focused on making private equity and debt investments in growing middle-market industrial and services companies. One of the firm’s most recent deals was in leading an investor group that acquired Lipari Foods, a leading specialty food distributor.
Lo had served as partner, investor relations and business development for GPI Capital, which is a growth equity firm. Prior to that he was managing director of investor relations at Siris Capital, where he worked as an investment professional and led the firm’s fundraising and marketing efforts. He started his career in investment banking with Deutsche Bank Securities and Houlihan Lokey.
“For more than 25 years, Littlejohn’s value-oriented strategy has successfully navigated complex market cycles while delivering solid, risk-adjusted performance for its investors.” Lo added. “Littlejohn’s operational, structuring, and distressed capabilities are a key differentiator for the firm, especially in dislocated markets, and I am excited about our long-term prospects.”
