Daily News: February 17, 2012

Insight Equity Opens New York Office

Insight Equity Holdings LLC, a Dallas, TX-area headquartered private equity firm, announced the opening of its New York office at 400 Madison Avenue (between 47th and 48th Avenue) in midtown, NY.

Victor Vescovo, chief operating officer and managing partner, has been appointed to lead Insight Equity’s New York office. Jack Waterstreet, senior vice president, and Blake Bonner, associate, have relocated and joined the New York office.

Vescovo commented on the rationale for opening the New York office, “As Insight Equity continues to grow and accelerate its deployment of capital in the middle market, the firm felt it would be very helpful to have a permanent presence much closer to our financing partners, the investment banking community, and of course, our investors. There is no substitute for regular, personal contact to generate and improve our key relationships.”