Paul Fossati Joins Sycamore Partners as Managing Director

NEW YORK, March 30, 2015 /PRNewswire/ -- Sycamore Partners today announced that Paul Fossati has joined the firm as a Managing Director.  In this role, Mr. Fossati will serve as Director of Capital Markets and will be responsible for all financings for new investments and for the firm's portfolio companies.  He will also be responsible for managing the firm's relationships with financing sources.

"Paul is a well-respected finance professional with two decades of capital markets experience. We are thrilled to have someone of his caliber, quality, and reputation join the firm," said Stefan Kaluzny, a Managing Director of Sycamore Partners. "As Sycamore continues to grow, having in-house capital markets expertise will create significant value."

"After working for years with the talented team at Sycamore Partners as my client, I am very excited to join the firm," Mr. Fossati said. "I look forward to partnering with our financing providers to help continue to drive the success and growth that Sycamore Partners has enjoyed since its founding."

Mr. Fossati was previously a Managing Director at Morgan Stanley in its Leveraged & Acquisition Finance Group, where he was head of both the consumer-retail and financial sponsor verticals.  Mr. Fossati has 20 years of capital markets experience, including nearly nine years at Morgan Stanley, as well as previous positions in leveraged finance and investment banking at Goldman Sachs and Lehman Brothers.  Mr. Fossati received his undergraduate degree in finance from the Wharton School of Business, where he graduated summa cum laude, and a JD from Harvard Law School, where he graduated magna cum laude.

About Sycamore Partners      
Sycamore Partners is a private equity firm based in New York specializing in consumer and retail investments. The firm has more than $3.5 billion in capital under management. The firm's strategy is to partner with management teams to improve the operating profitability and strategic value of their businesses. The firm's investment portfolio currently includes Aeropostale, Coldwater Creek, Hot Topic, Jones New York, the Kasper Group, Kurt Geiger, MGF Sourcing, Nine West Holdings, Pathlight Capital, Stuart Weitzman and Talbots.

Contact for Sycamore Partners:

Michael Freitag, Sharon Stern or Leigh Parrish      
Joele Frank, Wilkinson Brimmer Katcher        
(212) 355-4449

SOURCE Sycamore Partners