Wellspring Capital Names Jeffrey Gould Head of Marketing and Investor Relations

NEW YORK, Aug. 14, 2018 /PRNewswire/ -- Wellspring Capital Management LLC ("Wellspring"), a New York-based private equity firm, today announced that it has appointed Jeffrey A. Gould as Head of Marketing and Investor Relations.

William F. Dawson Jr., Chief Executive Officer of Wellspring said, "We are pleased to welcome Jeff to the Wellspring team. He brings 17 years of investment banking, capital markets and capital raising experience to our team. We look forward to leveraging his relationships and expertise to enhance and expand Wellspring's global investor base."

Mr. Gould said, "I am delighted to be joining Wellspring, a leading private equity firm recognized for its disciplined investment strategy and long track record of generating attractive returns. I look forward to strengthening the partnership we have established with our limited partners and developing new relationships with investors who share our goal to uncover significant value and drive profitable growth for our portfolio companies."

Prior to joining Wellspring, Mr. Gould was a senior member of CrossBay Capital Partners, a placement advisory firm focused on private equity capital formation. He was responsible for origination, execution and distribution of private capital fundraise mandates. Mr. Gould previously was a director at Societe Generale and Associate Director at Barclays Capital covering institutions for the corporate bond and syndicated loan trading desks. Earlier in his career, he was an investment banking professional at Barclays Capital, Credit Suisse and Bear Stearns covering various sectors including energy, chemicals and telecommunications with a focus on leveraged finance and private equity transactions. Mr. Gould graduated cum laude from Bucknell University with a BSBA in accounting.

Wellspring is currently investing from the $1.45 billion Wellspring Capital Partners VI LP that was closed in 2018.

About Wellspring Capital Management

Wellspring Capital Management is a leading private equity firm headquartered in New York. Since its founding in 1995, Wellspring has raised over $4 billion of initial capital commitments through six private equity funds. Over the past 20 years, Wellspring has invested in over 35 platform investments across various segments of the U.S. and global economies. Wellspring's objective is to bring partnership, experience and value creation to each investment. By teaming up with strong management, Wellspring is able to unlock underlying value and pursue new growth opportunities through strategic initiatives, operating improvements and add-on acquisitions. The firm functions as a strategic partner, providing management teams with top-line support, M&A experience, financial expertise and access to resources. For additional information, please visit www.wellspringcapital.com.

SOURCE Wellspring Capital Management LLC