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KPS Promotes Palmer, Baker, Mumford

KPS Capital Partners announced today that Raquel Palmer has been promoted to Co-Managing Partner, and Ryan Baker and Kyle Mumford have been promoted to Partner.

Michael Psaros, Co-Founder of KPS, said, "Raquel's elevation to Co-Managing Partner is an acknowledgement of the critical leadership role she plays at our firm.  Raquel was present at its creation, and for nearly the past quarter century she has been integral in building KPS into the leading global private equity firm and franchise it is today.  She is also recognized as one of the most accomplished and creative professionals in the private equity business.  We look forward to working with Raquel to accelerate our firm's extraordinary trajectory and momentum."

David Shapiro, Co-Founder of KPS, said, "We congratulate Ryan and Kyle, the first members our team elevated to Partner in more than a decade.  Ryan and Kyle's contributions over the past decade are truly extraordinary, yet they earned this partnership not only because of their exceptional body of work, work ethic and success, but, importantly, because they embody the values and value system of our firm.  Mike, Raquel, Jay and I look forward to working with our new Partners to continue to create value for our investors into the future by seeing value where others do not, buying right and making businesses better."

Palmer has been a KPS team member for nearly 25 years whilst Ryan Baker and Kyle Mumfordhave been KPS team members for over 10 years.