North Cove Partners Spins off PE Firm
North Cove Partners said Thursday that it has spun off from Bank of America to create an independent private equity firm. North Cove will continue to manage over $6 billion of private equity investments on behalf of Bank of America and other investors, the firm said, adding that it would raise a new fund in the “near future.” Managing Partners Chris Birosak, Brian Gorczynski and Angel Morales lead the New York-based firm. Each were managing directors of Merrill Lynch Global Private Equity, and, after the Merrill Lynch, Bank of America merger, for BAML Capital Partners.
Bycnolan
2 June 2011•2 mins read
