Paul
Delaney Joins Griffin, Heads Private Equity Placement Group
Florham Park, NJ, October 13, 2008 – Griffin Financial
Group announced today that Paul F. Delaney has joined the firm as Senior Managing
Director and will head its Private Equity Placement Group.
Mr. Delaney will be responsible for building Griffin’s private equity fund
placement and advisory business, including the execution of fundraising assignments.
He is also responsible for maintaining relationships with general partners and institutional
limited partners, including public and corporate pension funds, endowments, foundations,
consultants, advisors, financial institutions, insurance companies, fund of funds,
family offices and other private equity investors.
Mr. Delaney brings nearly 30 years of senior management
experience in private equity fund placement and investing, investment
management and institutional sales. He has been actively involved
in the origination and distribution of private equity funds and
all stages of the fundraising process.
Mr. Delaney was most recently
founder and CEO of Patronus Capital Advisors, a boutique private
equity advisory and fund placement firm. He was also a Partner
at Pomona Capital, a leading private equity secondary firm based
in New York City, and a Managing Director and a founder of the
Bear Stearns Private Funds Group, a placement agent dedicated to
raising capital for small and mid-sized buyout, venture capital,
mezzanine and special situations funds and other alternative investment
managers.
Prior to joining Bear Stearns, Mr. Delaney had a
20-year career as an officer of MetLife Inc., one of the largest
institutional investors by allocation to alternative assets. During
his tenure at MetLife, he served as Director of Private Equity
Portfolio Management, where he managed a team of professionals
responsible for evaluating investment opportunities and committing
new capital to U.S. and international private equity funds on behalf
of the MetLife general account and pension plan. Mr. Delaney initiated
MetLife's membership in the Institutional Limited Partners Association
and served on a number of limited partner advisory boards.
Mr. Delaney received a J.D. from New York Law School,
an MBA from Adelphi University and a B.A. from Saint Michael’s
College.
In addition to the growth of the Private Equity
Placement Group, Griffin has also expanded its Financial Services
team with the addition of Richard A. Vader as Senior Managing Director.
Scott W. Abercrombie also joins the team as Managing Director of
Mortgage and Consumer Banking for Griffin Holdings Group, parent
company of Griffin Financial.
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ABOUT GRIFFIN FINANCIAL GROUP LLC
Griffin Financial Group provides merger and acquisition advisory,
capital formation, strategic consulting and private equity placements
and related services. Griffin also assists businesses in obtaining
financing through private placements of debt and equity, including
those businesses facing special situations, such as financial
restructuring and turnarounds. Griffin is an SEC-registered broker-dealer
and FINRA member. For more information see www.go2griffin.com.
Griffin is part of an integrated multidisciplinary professional
services firm which, in addition to Griffin, consists of an AmLaw
200 law firm, an SEC-registered money manager, a D&O and E&O
insurance risk consulting business, a swap and derivative advisory
business and several other businesses.
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