ORIX Americas Expands Infrastructure Investment Effort with Two New Hires
February 05 2015 - 1:30PM
Business Wire
ORIX Americas announced today that it has hired Barry Gold as a
Managing Director and Joshua Herlands as an Associate Director.
Both based in New York, Gold will oversee infrastructure
investments, with an emphasis in the power, energy, transportation,
water, environmental and social infrastructure sectors. Herlands
will be responsible for originating and investing in
infrastructure, real estate and public finance projects. Gold and
Herlands will deploy the firm’s balance sheet using a full range of
investment structures, including equity, debt, mezzanine and
tax-advantaged equity, to meet ORIX’s goal of maximizing value for
its shareholders, clients and business partners.
“As one of the most exciting investment asset classes, adding
the unmatched infrastructure investing experience of Barry and Josh
is not only a great expansion opportunity for the company, but is
also extremely complementary to our existing businesses,” said
Andrew Garvey, Managing Director and Head of ORIX Municipal
Finance. “We believe our highly flexible and substantial capital
resources will be a major competitive advantage in the
infrastructure space.”
Gold has 30 years of transaction and investment experience.
Prior to joining ORIX Americas, he was a Senior Advisor to an
energy infrastructure fund and a global strategic advisory firm,
and was also the Co-Founder and Co-Head of Carlyle Infrastructure
Partners, a $1.1 billion global infrastructure private equity fund.
He has executed nearly $40 billion in transaction values and
financial deals.
Gold holds a Bachelor of Science and a Master of Business
Administration from New York University, where he also served as an
Adjunct Professor of Finance. He is the Associate Editor of The
Journal of Structured Finance and serves on a number of boards,
including the Grand Teton National Park Foundation and the Storm
Trysail Foundation.
Herlands, who has nearly 10 years of finance and legal
experience, joins ORIX Municipal Finance after having spent three
years with Captona Partners. While there, he was involved in equity
investments within the renewable energy sector. He previously
worked in energy project development and venture finance, as well
as with the power and project finance groups at Lehman Brothers
Inc.
Herlands earned his Bachelor of Arts and Master of Arts in
International Policy Studies at Stanford University and obtained
his Juris Doctor, cum laude, from Harvard Law School.
About ORIX Municipal Finance
ORIX Municipal Finance makes investments of approximately $10
million to $50 million in public, semi-public and private entities.
The company’s investment portfolio includes transactions for a wide
range of industries, including health care, housing, education,
energy and transportation. ORIX Municipal Finance is a subsidiary
of ORIX Americas, a Dallas-based financial services firm with more
than 1,400 employees and principal offices in Atlanta; Chicago;
Hartford, Conn.; Los Angeles; Minneapolis; New York; San Francisco;
Seattle; Washington, D.C.; Frankfurt, Germany; London; and Paris.
ORIX Americas holds approximately $7 billion of assets and manages
an additional $30 billion, approximately. ORIX Americas is a wholly
owned subsidiary of ORIX Corporation, a Tokyo-based, publicly-owned
international financial services company with operations in 36
countries and regions worldwide. ORIX Corporation is listed on the
Tokyo (8591) and New York Stock Exchanges (IX). For more
information on ORIX Americas, visit www.orix.com.
for ORIX AmericasAmanda Gleason,
972-770-5083agleason@marketwave.biz
Orix (NYSE:IX)
Historical Stock Chart
From Mar 2024 to Apr 2024
Orix (NYSE:IX)
Historical Stock Chart
From Apr 2023 to Apr 2024