Gores Group loses pair of managing directors

May 01, 2014

FORTUNE -- Jordan Katz and Tim Myers have both quietly stepped down as managing directors with Los Angeles-based buyout firm Gores Group, Fortune has learned.

The moves come just over one month after fellow Gores Group managing director Ryan Wald left to join Marlin Equity Partners. No word yet on where Katz and Myers are headed, although I've heard some speculation that they may be working on something together.

Katz had been with Gores for more than 11 years, with a particular focus on U.S. industrials deals. Myers joined over eight years ago with a focus on operations.

Gores Group declined comment via a spokesman, but both men have now been removed from its website. The firm currently is investing out of a $2 billion general fund raised in 2009, plus a $300 million small-cap fund raised in 2011.

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