Egis Capital Partners, New York, announced that Bill Polk joined the private equity firm from Capital One Bank as a managing partner. Polk, who has more than 25 years of debt and equity investment experience, has been involved in more than $6 billion of middle-market security financing transactions. He will be responsible for origination and fundraising at Egis.
Robert Chefitz, managing partner of Egis, said, "Bill is a rare individual who has significant capabilities in business strategy and M&A — and a deep understanding of the security industry. His breadth of skills, experience and insight will be extremely valuable in helping our firm achieve superior returns. I also know that Bill and his colleagues at Capital One have been incredibly active in the security space over the past two years and we look forward to working closely with them as we target new opportunities."
Polk commented, "The global security business is now a $250 billion industry being shaped by very powerful market forces. In certain respects, the industry today is almost unrecognizable from the one I entered more than 20 years ago. The developments that have taken place the past eight to 10 years have opened up immense opportunities for firms like Egis. I am thrilled to be joining Robert and starting this new chapter in my investment career."
Egis Capital Partners is a private equity firm focused on middle-market buyout and late-stage growth investments in the Security & Homeland Defense sector. Egis targets companies primarily located in North America with enterprise values ranging between $30 million and $200 million that require a total investment between $10 million and $40 million.