Chris Witkowsky

David joins from Credit Suisse, where he was managing director in the financial sponsors group. 

Upon closing, the combined company will be held by a new public company called Polestar Automotive Holding, which is expected to be listed on Nasdaq.

Lindsay Goldberg partnered with Summit Interconnect's CEO and president, Shane Whiteside, on the investment. 

The single-asset deal is in a market that has been flooded with GP-led transactions as managers look for ways to hold treasured assets beyond the parameters of traditional private equity funds.

Existing owner HBM Holdings, the holding company owned by the family trust of founder Harry Mathews Jr., will retain an ownership position in the company. 

Other new investors in the funding included BlueRed Partners and Moneta VC, while existing investors participating included Aleph and Oak HC/FT. 

NYC comptroller Scott Stringer announced that senior investment officer Eneasz Kadziela was promoted to lead private equity for the entire city system.

HarbourVest also agreed to commit to anchor Kibo Ventures Opportunity Fund I, that will continue supporting the existing portfolio.

Kadziela, as private equity chief, will oversee the more than $18 billion private equity portfolio of the combined five NYC retirement pension funds that make up the city system.

Bruder is the fourth add-on to Hilco since Windjammer acquired the company in September 2019.