Dana Carey Joins MidOcean Partners as Chief Investment Officer
July 9, 2019
NEW YORK, July 9, 2019 – MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments, today announced that Dana Carey has joined MidOcean Credit Partners as Chief Investment Officer. Previously, Mr. Carey spent six years at Apollo Global Management where he served as Partner in Credit and Global Co-Head of the Performing Credit business.
“Dana brings a wealth of credit investing experience to MidOcean,” said Ted Virtue, CEO of MidOcean. “We are thrilled to add Dana’s talent to the leadership of MidOcean Credit Partners, complementing the senior team around which we have built our business since its launch in 2009.”
Steve Shenfeld, President of MidOcean Credit Partners, added, “I’m excited to welcome Dana to the MidOcean family and look forward to working closely with him to further grow and develop our credit platform. Dana’s deep credit expertise and shared investment philosophy will enable us to continue to drive value for our investors through our differentiated and research-driven approach to alternative credit.”
Mr. Carey brings significant investment decision making and portfolio oversight experience to MidOcean. Prior to Apollo Global Management, Mr. Carey was a Partner and Co-Head of Special Situations at Stone Tower Capital, a leading alternative investment management company that was acquired by Apollo in 2012. Earlier in his career, Mr. Carey worked in private equity and investment banking. He received a Bachelor of Arts in International Relations and German Area Studies from Tufts University and a Master of Business Administration from Columbia University.
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About MidOcean Partners
MidOcean Partners is a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments. Since its inception in 2003, MidOcean Private Equity has managed approximately $4.8 billion of committed capital and has targeted investments in high-quality middle market companies in the consumer and business services sectors. MidOcean Credit Partners was launched in 2009 and currently manages over $7.5 billion across a series of alternative credit strategies, collateralized loan obligations (CLOs), and customized separately managed accounts as of September 30, 2020.
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