Transitions: Quadrangle Taps New Fund Operator –

Newly formed New York-based Quadrangle Group LLC is putting the pieces together this month with the appointment of Kimberley Carlson as its new chief administrative officer.

“I think this is an exciting opportunity because the founders are very talented and know the media industry very well, and they’re focused on building a high-quality private equity organization,” Carlson said.

Prior to joining Quadrangle, Carlson served as a managing director at Rothschild Asset Management Inc., where her responsibilities included product development, supporting fund-raising efforts, fund accounting, client reporting, and investor relations for Rothschild Recovery Fund L.P., a $200 million global distressed securities fund, and Resource Capital Funds I & II, two funds at approximately $90 million focusing on investing in the mining sector.

In her new position, Carlson’s responsibilities include investor relations, management of fund operations and accounting and other administrative functions.

The Quadrangle Group is a newly formed private equity group founded by four former executives at Lazard Freres & Co. LLC: Steven Rattner, David Tanner, Peter Ezersky, and Joshua Steiner (BUYOUTS March 20, p. 1). The firm will focus on media and telecommunications industries.