Daily News: February 14, 2012

Levine Leichtman’s Deep Value Fund Hires Parish

Levine Leichtman Capital Partners (LLCP), a Los Angeles-based private equity firm, announced that Brad Parish has joined as a managing director and dedicated member of the Deep Value investment team.

Parish, who was most recently a principal at D.E. Shaw Direct Capital, brings extensive expertise in sourcing, executing, and realizing distressed debt investments and other special situation transactions. He will participate in the origination of investment opportunities, as well as due diligence, portfolio management and realization of investments within our Deep Value Funds.

“Brad is a proven principal investor and will be a valuable addition to the LLCP Deep Value team,” said Arthur Levine, LLCP’s co-founder. “We are confident that his longstanding relationships and extensive distressed investing experience will bring continued success to our Deep Value strategy.”

Parish attended The University of Texas at Austin and received a BBA in finance from the Business Honors Program (with high honors), an MBA from the McCombs School of Business (with honors). He also received a JD and served as an editor of the Texas Law Review at the University of Texas School of Law. Parish is a licensed attorney in New York.

Levine Leichtman Capital Partners is a Los Angeles-based investment firm that manages approximately $5 billion of institutional investment capital through private equity partnerships, distressed debt and leveraged loan funds.