Bio

Mr. Newman provides the team with broad experience in investment banking, venture capital, and international finance. He has been successfully involved in over two hundred public offerings and direct placements, including fifty international financings, thirty mergers and acquisitions aggregating over $3 billion, and twenty-eight venture capital investments. He was instrumental in management buyouts aggregating approximately $1.5 billion, which produced returns in excess of 100% per year. He worked thirty-three years with First Boston Corporation, (now Credit Suisse First Boston Corporation) twenty-one of which he served as a Managing Director. Prior to founding MidMark, Mr. Newman was President of The Dunmore Group, Inc., a merchant banking firm. At First Boston, Mr. Newman founded, built and managed the Investment Group from 1981-1986 which, together with the LBO Group, was responsible for all of the non-real estate proprietary investments made by the firm and its limited partnerships. He was a founding and continuous member of The First Boston Investment Committee. Previously, he headed the International Group which, along with Credit Suisse First Boston, Ltd., had responsibility for all international corporate finance activities. He also worked as a Financial Officer with the International Bank for Reconstruction & Development (the World Bank). Mr. Newman has served as a director of twenty-seven companies, including six publicly-owned corporations. Mr. Newman graduated from Yale University (B.A., 1952) and Harvard Business School (M.B.A., 1954). He resides with his wife Mary in Short Hills, NJ.