Z Capital Group Appoints Andrew Coats as Operating Partner to its Private Equity Team
Industry Veteran Bolsters Z Capital's Real Estate Operations Capabilities
NEW YORK, Aug. 8, 2017 /PRNewswire/ -- Z Capital Group, L.L.C. ("Z Capital"), a leading alternative asset manager focused on opportunistic, value-oriented private equity and credit funds, today announced the appointment of Andrew Coats as an Operating Partner. Mr. Coats will be based in New York and will assist the firm's private equity team with the real estate holdings of portfolio companies as well as with operations and development in Z Capital's real estate portfolio.
Mr. Coats has nearly two decades of experience in real estate, development, design and construction in both the U.S. and international markets. Prior to joining Z Capital, Mr. Coats served as Director of the Development Management team at BlackRock Real Estate Advisors. In this role, Mr. Coats was responsible for acquisitions, design management, entitlements and construction oversight on ground up and repositioning projects as well as managing value add and opportunistic real estate deals. Prior to his time at BlackRock, Mr. Coats worked for Rudin Management, a real estate development firm in New York where he oversaw luxury residential and commercial projects. Additionally, Mr. Coats founded and led the Design Management Group at BuroHappold Engineering, an international, integrated engineering consultancy operating in 23 locations worldwide. Mr. Coats' full biography is available on Z Capital's website at http://www.zcapgroup.net/Team#name_Andrew Coats.
"We are thrilled to welcome Andrew to Z Capital and are confident that he will be an excellent addition to our private equity team in overseeing existing portfolio company assets and future transactions," said James Zenni, Founder, President and Chief Executive Officer of Z Capital Group. "Andrew's extensive experience in leading transactions, development and construction projects in the real estate sector will undoubtedly be an impactful addition to our team."
"I am pleased to join the exceptional team at Z Capital," Mr. Coats said. "I look forward to working closely with the management teams at the firm's leading portfolio of properties to enhance operations and create value across the firm's real estate investments."
About Z Capital Group
Z Capital Group, L.L.C. and its subsidiaries ("Z Capital") are leading alternative asset management firm with approximately $2.3 billion of regulatory assets under management. For over two decades, the Partners of Z Capital have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, automotive parts, capital equipment and general manufacturing.
Z Capital creates value for its investors by working constructively with management teams to generate investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies. The Z Capital Funds' portfolio companies have aggregate annual revenues of approximately $1.3 billion, sell products in 57 countries, and have over 11,000 employees and an excess of 200,000 associates, directly and through joint ventures worldwide. The Z Capital investment strategy and portfolio companies are described at www.zcapgroup.net
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SOURCE Z Capital Group
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