Michael W. Jalbert has joined Chestnut Hill Partners as a Managing Director to manage and oversee the Executive Sponsorship Program

Online, November 18, 2009 (Newswire.com) - New York, November 13, 2009: Chestnut Hill Partners, LLC is pleased to announce that Michael W. Jalbert has joined the firm as a Managing Director. Mr. Jalbert's primary responsibility will be to manage and oversee Chestnut Hill Partners' Executive Sponsorship Program. This unique program makes it possible for seasoned operating executives to participate in the development of private equity transactions and ultimately to run the acquired companies.

Paul L. Schaye, Founding Partner and Managing Director of Chestnut Hill Partners, commented on Mr. Jalbert's addition to the firm, said "Throughout his career, Michael has displayed an outstanding business sense and a keen eye for talent. His knowledge of the best of the best within various business functional areas allows him to match the right talent to the right opportunity."

Mr. Jalbert brings to Chestnut Hill Partners' Executive Sponsorship Program, affiliations with leading search firms based in the United States, Asia Pacific, Europe and Latin America. These unique relationships enable Chestnut Hill Partners unfettered access to top leadership talent globally.

Prior to joining Chestnut Hill Partners, Michael was President and CEO of Management Recruiters International, Vice Chairman of ERA Europe, Executive Vice President of Cendant Corporation and VP roles at AlliedSignal and PepsiCo. Mr. Jalbert holds a BA in Communication from the University of Rhode Island and completed the executive program in business administration, EPBA, "Managing the Enterprise" at Columbia University Graduate School of Business.

About Chestnut Hill Partners
Chestnut Hill Partners is an investment banking boutique specializing in merger and acquisition originations co-investing with private equity investors. Chestnut Hill Partners is recognized as a leader in providing introductory and advisory services to small and medium size firms and in bringing together buyers and sellers in successful transactions that are mutually beneficial to both parties.

For more information please contact
Paul L. Schaye
Managing Director
Chestnut Hill Partners, LLC
245 Park Avenue, 41st Floor
New York, New York 10167
Tel: 212-687-3123
Fax: 212-972-2921
[email protected]