Michael Psaros

Co-Founder and Managing Partner at KPS Capital Partners

Speaker

Michael Psaros is a Co-Founder and Managing Partner of KPS Capital Partners, LP (“KPS”), and a member of its Investment Committee and Management Committee. KPS is the manager of KPS Special Situations Funds, a family of private equity funds with approximately $21.6 billion of assets under management (as of March 31, 2024), focused on making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.

Mr. Psaros and the Partners of KPS have successfully developed and executed a proprietary investment strategy of creating new companies to acquire assets or businesses from large corporations, businesses owned by families or entrepreneurs, and businesses presented for sale in connection with financial restructurings, including companies owned by former creditor groups. KPS then transforms these businesses into independent, world-class, industry-leading enterprises by structurally improving their strategic position, competitiveness and profitability.

The KPS Funds’ portfolio companies generate aggregate annual revenues of approximately $19.6 billion, operate 223 manufacturing facilities in 26 countries, and have approximately 47,000 employees, directly and through joint ventures worldwide (as of March 31, 2024).

Mr. Psaros currently serves on the Board of Directors of the following KPS portfolio companies: Autokiniton Global Group (Chairman), Briggs & Stratton (Chairman), Eviosys (Chairman), Lufkin Industries (Chairman), Primient (Chairman), Speira (Chairman), AM General, C&D Technologies, Hussey Copper, Life Fitness, Oldcastle BuildingEnvelope and Princess Yachts. In addition, Mr. Psaros previously served on the Board of Directors of 34 former KPS portfolio companies.

Prior to joining its predecessor in 1991 and creating KPS in 1997, Mr. Psaros was an investment banker with Bear, Stearns & Co., Inc.

He received a B.S.B.A. in Finance from Georgetown University and attended Sophia University in Tokyo, Japan.

Mr. Psaros serves on the Board of Directors of Georgetown University. He also serves as the Vice Chairman of the Executive Board of Advisors of Georgetown University’s McDonough School of Business. Mr. Psaros and his spouse created “The Michael and Robin Psaros Endowed Chair in Business Administration” at Georgetown University’s McDonough School of Business in 2013. Mr. Psaros and his Family created the “The Ecumenical Patriarch Bartholomew Endowed Orthodox Chaplaincy, Endowed by the Michael Psaros Family” in 2021.

The Psaros Center for Financial Markets and Policy was named for and endowed by the Psaros Family in April 2022.

The Psaros Center for Financial Markets and Policy (the “Psaros Center”) provides unbiased, non-partisan, objective expertise to guide policy and practice by leveraging the combination of the strength of Georgetown’s University’s McDonough School of Business, its distinguished faculty, its leadership in finance, public policy, and standing in Washington, D.C. The Psaros Center convenes leaders across private sector, the global capital markets, legislators, and regulators to solve problems for the common good. The Psaros Center is an intellectual honest broker, a facilitator, and an educator for both practitioners, policy makers and journalists seeking unbiased expertise in Washington and globally. The Psaros Center’s Distinguished Fellows and Visiting Fellows provide expertise, research and thought leadership on critical issues of the day.

https://finpolicy.georgetown.edu/

Mr. Psaros is an Archon of the Ecumenical Patriarch, Order of St. Andrew, where he serves on its National Council. He is a founding member of FAITH: An Endowment for Orthodoxy and Hellenism; serves on the Board of Trustees of The Leadership 100 – Advancing Hellenism and Orthodoxy in America, and the Executive Board of The Hellenic Initiative. Mr. Psaros is the Chairman of Friends of St. Nicholas, the organization responsible for constructing the new St. Nicholas National Shrine at Ground Zero. He previously served as the Treasurer of the Greek Orthodox Archdiocese of America and currently serves on its Executive Committee. He is the recipient of numerous awards from national Hellenic and Orthodox organizations.