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Kelso was founded on the principles of partnership and alignment of interest espoused by louis kelso, the inventor of the employee stock ownership plan (or esop). We utilize the cumulative experience of the kelso professionals, as well as our extensive network of industry experts, to provide our partners with strategic insights and to help our management teams drive value creation. Management and the penske organization (including roger penske) selected kelso as their partner due to our successful record of investing in the transportation industry, substantial experience with corporate partnerships and significant personal investment by the kelso employees in our transactions.
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Mike joined kelso in 2016 and leads the firm’s capital markets activities, including acquisition financing for new investments and capital structure optimization for existing portfolio companies. Inc., eventually becoming a senior managing director and head of the high yield capital markets group. Kelso’s unique history has driven a culture and approach to investing that we believe make us an attractive partner to management teams, owners of businesses and corporations.
Kelso and affiliated funds have acquired silver spur corporation (“silver spur”), a supplier of specialty glass and plastic packaging
Silver spur will be combined with kelso’s existing investments in c.l Smith and inmark, distributors of rigid container and life sciences packaging products. Phil joined kelso in 1999 He spent the preceding eight years at bear, stearns & co