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
Along with Mr. Spass was the co-founder of Capital Z, and is a Managing Partner of the Firm.
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.
Mr. Spass currently serves as a director of several portfolio companies of the Funds.
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.
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.