Calera Capital, a premier middle-market private equity investment company, today announced the appointment of Michael J. Murray to the Firm’s Advisory Board.
Murray brings more than 30 years of banking experience to Calera, most recently as president of Global Corporate and Investment Banking at Bank of America. Prior to that, Murray held various senior leadership positions at BankAmerica and Continental Bank, including heading U.S. and global wholesale and corporate banking operations.
“Mike brings a wealth of knowledge and experience, and we’re very pleased to have him join our Advisory Board,” said Mark Williamson, Managing Partner at Calera Capital. Added Jim Farrell, Managing Partner at Calera Capital, “Mike’s extensive background in financial services and his broad network will prove highly valuable to the firm as we continue to bolster our capabilities in the financial services sector.”
Murray is a member of the board of directors for CNW Corporation and eLoyalty Corporation, is past chairman of the Bay Area United Way, and is currently vice chairman of the board of the California Academy of Sciences in San Francisco. Murray also serves on the advisory boards of the College of Business at the University of Notre Dame, Catamount Ventures and Rutberg & Company.
Murray joins three existing members of Calera’s advisory board. Bob Jaunich, who is Chairman, has more than 40 years of operating and investing experience and is also a founding partner of Calera Capital. Edward LeBlanc most recently served as president of Kidde’s Residential and Commercial division, prior to which he was CEO of Regent Lighting Corporation. Thomas Debrowski is executive vice president of worldwide operations for Mattel Inc., where he is responsible for ensuring the efficiency and quality of Mattel’s worldwide manufacturing, logistics and supply management.
“I’m a strong supporter of Calera’s investment philosophy of partnering with outstanding management teams with solid franchises and giving them the tools and incentives to realize their full potential,” said Murray. “More than just making sense at the gut level, this investment approach has brought solid returns for Calera’s investors. I’m excited to join their Advisory Board and start contributing.”
About Calera Capital
Founded in 1991, Calera Capital, formerly known as Fremont Partners, is a private investment partnership which has managed more than $2 billion of equity investments in 23 companies, representing a total transaction value of $5.6 billion. With offices in San Francisco and Boston, Calera invests across a diverse range of industries, including financial services, business services, food and consumer, healthcare, building products, and industrial manufacturing. Calera Capital makes substantial equity investments in operating companies, typically with enterprise values up to $1 billion, and seeks to build long-term sustainable value by working with management teams to implement strategic and operating initiatives. More information can be found at www.caleracapital.com.
For More Information, Contact:
For Calera Capital:
Michael Mandelbaum
(310) 785-0810