Alternative asset manager further broadens its senior team following another year of strong business growth.
LOS ANGELES, February 2015 – Breakwater Management, LLC (“Breakwater”), a private investment firm headquartered in Los Angeles, is proud to announce the recent addition of Harry Chung as Chief Financial Officer. Through its expanding family of funds, Breakwater makes direct equity and debt investments in leading lower middle market companies to provide capital for growth.
Prior to joining Breakwater, Mr. Chung was Chief Financial Officer at Imperial Capital, a Los Angeles-based investment bank with over 200 employees across seven offices. At Imperial, he was a member of the Executive Committee and was responsible for business planning, tax, budgeting and financial reporting.
Prior to Imperial Capital, Mr. Chung served in various senior roles at Jefferies & Company, Inc., most recently as Managing Director and Chief Operating Officer (Finance), and as a Senior Vice President in Corporate Development. Mr. Chung was previously in the Financial Services Audit practice of KPMG. Mr. Chung received a B.S. from the University of Illinois and is a Certified Public Accountant.
“I am extremely pleased to welcome Harry to the firm,” said Managing Partner Saif Mansour. “His vast experience managing financial services organizations will be invaluable as we further develop the infrastructure and systems necessary to manage our growing business.”
Commenting on his new role, Mr. Chung said, “I am excited to join Breakwater and to have the opportunity to work with such an experienced team of investment professionals and operating executives. The firm’s equity and debt financing verticals provide a broad set of capital solutions for the lower middle market, and I very much look forward to supporting Breakwater’s next phase of growth.”
Breakwater Management is a private investment firm that makes direct equity and debt investments in leading lower middle market growth companies. The firm aligns itself with committed management teams, owners, and sponsors, providing both capital and operating expertise to propel emerging businesses into their growth curve. Breakwater is a diversified alternative asset manager that offers independent and institutional investors access to multiple investment vehicles that serve the lower middle market’s growth capital needs.
To learn more about Breakwater, visit www.breakwaterfunds.com or call (424) 777-4000.