​The Capital Z team is one of the most experienced and longest tenured private equity investors in the financial services industry. Since 1990, Capital Z and its predecessors have invested in excess of $3 billion in over 40 transactions.
​The Capital Z team is one of the most experienced and longest tenured private equity investors in the financial services industry. Since 1990, Capital Z and its predecessors have invested in excess of $3 billion in over 40 transactions.
​The Capital Z team is one of the most experienced and longest tenured private equity investors in the financial services industry. Since 1990, Capital Z and its predecessors have invested in excess of $3 billion in over 40 transactions.
One of the Most Experienced Teams in Financial Services Investing
Capital Z’s private equity team possesses a 25 year track record investing across economic and industry cycles, led by four partners with over 100 years of combined experience in financial services
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OUR TEAM>
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Along with Mr. Cooper, Mr. Spass was the co-founder of Capital Z, and is a Managing Partner of the Firm.
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Prior to forming Fund I in 1990, Mr. Spass was a Director in the Investment Banking Division of Salomon Brothers, Inc., with responsibility for corporate finance relationships with the insurance industry. Prior to joining Salomon Brothers, Mr. Spass was a Senior Manager for Peat Marwick Main & Co., providing accounting and consulting services to the insurance industry.
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Mr. Spass currently serves as a director of several portfolio companies of the Funds.
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For over thirty years, Mr. Spass has been a leading figure in the design and structuring of investments in the Financial Services Industry. Mr. Spass helped pioneer the use of reinsurance financing as a corporate finance tool in buyout transactions and helped design some of the first leveraged buyouts of insurance companies.
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Over many years, Mr. Spass has developed an extensive network of contacts throughout the Financial Services industry, including with many of the industry’s most senior figures.
Mr. Spass received a B.A. in Business from the State University of New York at Buffalo.