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Former Hilco CEO Raises $250 Million in Capital

Jamie Salter, former Hilco Consumer Capital chief executive officer, plans to focus on consumer brands acquisitions at his Authentic Brands Group, after raising $250 million in equity capital with Green Equity Investors, an affiliate of Leonard Green &amp

April 6, 2018

Jamie Salter, former Hilco Consumer Capital chief executive officer, plans to focus on consumer brands acquisitions at his Authentic Brands Group, after raising $250 million in equity capital with Green Equity Investors, an affiliate of Leonard Green & Partners, and Knight's Bridge Capital Partners, a wholly owned subsidiary of Counsel Corporation.

Currently, Salter's ABG, where he serves as president and chief executive officer, provides management services for the Bob Marley estate.

"I am very excited to embark on this new venture with my partners at LGP and Knight's Bridge," says Salter. "LGP is among the world's most experienced private equity investors in the retail and branded consumer products industries and Knight's Bridge will provide its own exceptional investment and brand licensing expertise. Our collective experiences will enable Authentic Brands Group to acquire and grow a global portfolio of world-renowned brands."

Salter left Hilco in January. There, he led acquisitions of

Linens 'n Things, Polaroid (in partnership with Gordon Brothers Group), The Sharper Image, Halston and others.

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