Central Park Group Adds Roger Lengyel As Head Of Private Equity Secondaries
Alternative investments investor Central Park Group has hired Roger Lengyel, formerly a senior investment professional at Fortress Investment Group, as Managing Director, Head of Private Equity Secondaries. Lengyel will further expand the depth and breadth of secondary investments, including an emphasis on GP-led transactions, available to Central Park Group clients.
At Fortress, Lengyel was a senior investment professional responsible for sourcing, underwriting and executing acquisitions of undervalued and operationally intensive private assets, including secondaries. He held similar senior positions in the private equity groups of J.P. Morgan Asset Management and Bear Stearns Asset Management. Prior to that Lengyel worked in corporate M&A as well as in equity research covering the gaming, lodging and leisure sector at Bear Stearns & Co. He began his career in the Corporate & Investment Banking division of Deutsche Bank Securities, Inc.
“Central Park Group has played a pioneering role in making alternative investments, and private equity in particular, available to investors who have typically not had access,” said Lengyel. “The firm’s strong leadership, entrepreneurial foundation and relentless focus on client experience, drew me to Central Park Group. I am excited to help build on the Firm’s success to date.”
“Private equity secondaries are an important component of our mission and opportunity set. I am confident that Roger’s expertise and creativity will complement and enhance Central Park Group’s ability to offer our clients attractive secondary investment opportunities," said Mitchell Tanzmann, Co-CEO and Co-CIO of Central Park Group.
“Central Park Group has long been able to incorporate secondary investing, and its benefits, into our offerings,” said Greg Brousseau, Co-CEO, Co-CIO of Central Park Group. “Roger’s appointment marks an important step in furthering Central Park Group’s continued efforts to offer innovative best-in-class investments.”
Central Park Group specialises in serving high net worth and smaller institutional investors. The firm has invested more than $15bn in private equity, hedge funds, real estate and funds-of-funds on behalf of investors in the past 25 years.
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