US private equity firm opens office in Romania
US private equity firm Highlander Partners, which manages over USD 2 billion worth of assets, opened its first office in Romania.
Ben Slater, who joined Highlander in 2016 and is based in Dallas, has been promoted to a Director in Highlander's US private equity practice and will also serve as Head of CEE – Romania, overseeing the team of four investment professionals in Bucharest. Highlander Partners, CEE – Romania will be located at Charles de Gaulle Plaza.
"We are very excited to expand our presence in this region," said Jeff L. Hull, President and Managing Partner of Highlander. "Establishing the Bucharest office reflects on our ongoing commitment to opportunities in this area and provides a local base from which to continue our investment activities. We see the same great promise in the Romanian market for private equity investments that we have seen in other central and eastern European countries and we aim to replicate our success here in Romania, as we have experienced in our Warsaw, Poland office," he added.
The Dallas-based company invests mainly in small and medium businesses in the basic manufacturing, food, chemicals, building materials, consumer products and others.
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(Photo source: the company)