Michael Psaros
Michael Psaros is a Co-Founder and Managing Partner of KPS Capital Partners, LP, and a member of its Investment Committee and Management Committee. KPS Capital Partners, LP is the manager of KPS Special Situations Funds, a family of private equity funds with approximately $12.3 billion of assets under management (as of December 31, 2020) 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 have aggregate annual revenues of approximately $10.6 billion, operate 159 manufacturing facilities in 22 countries, and have approximately 34,000 employees, directly and through joint ventures worldwide.
Mr. Psaros currently serves on the Board of Directors of the following KPS portfolio companies: Autokiniton Global Group (Chairman), Briggs & Stratton (Chairman), AM General, C&D Technologies, DexKo Global, Life Fitness, Lufkin Industries, Howden, TaylorMade Golf, Hussey Copper and IKG. In addition, Mr. Psaros previously served on the Board of Directors of 30 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 and the Board of Advisors of the Georgetown University Center for Financial Markets and Policy. 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 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 Vice 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 served on its Executive Committee. He is the recipient of numerous awards from national Hellenic and Orthodox organizations.