Jon E. Mansfield was named a managing director at private equity firm Praesidian Capital Investors, confirmed spokesman Dan Jacobs. The position is new.
Mr. Mansfield will help originate, structure and execute mezzanine transactions and also will help manage the mezzanine portfolio.
He was a partner at WP Global Partners, a private equity fund of funds that also makes direct investments. Don Phillips, chairman and CEO of WP Global, said the firm would replace Mr. Mansfield from within the company.