Victor Caruso, a 10-year investment banking veteran, has joined Blue Wolf Capital Partners as a senior adviser and will work to help the New York-based private equity firm expand into the aerospace and defense markets.
Caruso will also help the company evaluate and carry out investments in the A&D sectors, Blue Wolf announced Monday.
He has worked at firms such as Houlihan Lokey and Merrill Lynch and also in mergers and acquisitions at private equity firms.
“Through our investment in Channel Technologies Group, we have deepened our knowledge of the aerospace and defense industries; strategically identified these industries for further investment; and dedicated significant resources to support this strategic initiative,” said Haranjeet Narulla, a Blue Wolf partner.
“Aerospace and defense-related businesses pose unique challenges, and I look forward to working with the Blue Wolf team to identify companies that can benefit from their innovative strategies for middle-market investing,” Caruso said.
Caruso holds 24 years of experience in fields such as private equity, investment banking, high-tech engineering, manufacturing, entrepreneurship and military service.