Lightyear Capital Selects Martin Sullivan as Operating Partner

Lightyear Capital has recently appointed Martin Sullivan as an Operating Partner.

In a release, the firm said that Sullivan will draw upon his decades of experience to work with Lightyear and the management teams of businesses within Lightyear's portfolio.

Lightyear noted that Sullivan currently serves as non-executive Chairman of Cooper Gay Swett & Crawford (CGSC), a global reinsurance, wholesale and specialty broker, and as a Director of Paradigm Outcomes, a provider of complex and catastrophic medical management, two of Lightyear's portfolio companies.

Sullivan spent 37 years with AIG, most recently as President and Chief Executive Officer. After leaving AIG in 2008, Sullivan joined Willis Group Holdings in 2010 as Deputy Chairman and Chairman and Chief Executive Officer of Willis Global Solutions.

"We have known Martin for a number of years. He is a notable leader in the industry and has a keen command of the complexities of the financial services industry. His leadership will be an asset to our firm as we develop new investment opportunities," said Donald B. Marron, Chairman and Founder of Lightyear.

Lightyear Capital is a financial services-focused private equity firm based in New York.

More information and complete details:

www.lycap.com.

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