New York-based private investment firm Ripplewood Holdings announced today that Paul Liska has joined the firm as an industrial partner.
According to the press statement, Ripplewood will leverage Liska’s experience as the firm expands its investment activity in the consumer products and financial services sectors.
Liska had previously worked at Sears Roebuck, where he served as executive vice president and president of the company’s credit and financial products business. He also served as Sears’ chief financial officer. Prior to Sears, Liska was president and chief executive officer of Specialty Foods.
“Paul brings to Ripplewood nearly 25 years of extensive experience in sectors that we are targeting for future potential investments,” Ripplewood managing director Robert Berner III said in the statement.
Ripplewood Holdings manages approximately $10 billion of capital, focusing primarily on investments in the US and Japan. In January, the firm took part in its second deal with operating partner ZelnickMedia when it acquired music and video direct marketing company Time Life from Time Inc.