Backcast Partners Management, a provider of debt and equity capital for both middle-market private equity and non-private equity-owned companies, expanded its investment team.
Ryan Stuckert joined Backcast as a principal from Siguler Guff where he was a senior member of the firm’s credit platform for more than 13 years. Stuckert was actively involved in the sourcing, due diligence and monitoring of corporate credit and specialty finance transactions, including special situations, structured credit and other alternative credit investments. Prior to joining Siguler Guff in 2010, Stuckert was an investment banking analyst at Jefferies.
Ronen Barak joined Backcast Partners as an associate. Prior to joining Backcast, Barak was a senior associate at Oak View Group, an investment firm specializing in sports, entertainment and hospitality, where he was responsible for evaluating new investments and arranging financings for the firm’s portfolio. Prior to Oak View Group, Barak was an investment banking associate director in the leveraged finance and financial sponsors group at UBS, and an investment banking analyst in the bank debt investment group at SunTrust Robinson Humphrey.
“The addition of Ryan and Ronen to the Backcast team further expands the bandwidth and strengths of the team. In Ronen’s case, his nearly six years of experience in lending and working through complex situations will allow him to immediately contribute to the investment team,” Mark Gudis, managing partner at Backcast, said. “In Ryan’s case, we’ve worked with Ryan for over six years as an L.P. in our funds and as an active co-investor in many of our investments. His diverse breadth of competencies and senior leadership will significantly increase our ability to execute as we continue to opportunistically expand our business and prudently deploy our investors’ capital.”
