Wednesday, 21 Jan 2009
It is reported that Mr Wilbur Ross chairman & CEO of WL Ross & Co LLC will be honored by the M&A Advisor at the 3rd Annual Distressed Investing Conference & Turnaround Awards Gala. The event will attract corporate and private equity professionals in the highly topical area of distressed and turnaround transactions.
Mr Roger Aguinaldo CEO & publisher of M&A Advisor said that "Mr Ross represents true achievement. His drive and passion for the turnaround business has made him one of the best known private equity investors in the US and someone we greatly admire."
Mr Ross said that "I am honored to receive this Lifetime award from the M&A Advisor. My involvement with the private equity business over the last 30 plus years has been an incredible journey and I am touched by this recognition. I am also pleased to say that WL Ross & Co. has valued M&A Advisor's contribution to the profession through its events program and participated in a number of them over the years."
Mr Ross served as executive MD of Rothschild Inc for over 25 years before acquiring that New York based firm's private equity partnerships and forming WL Ross & Co in April 2000. His expertise in the field has earned him numerous honorable recognitions.