Michael McCartney was formerly a Partner at Upfront Ventures, a venture capital and growth equity firm then with $650 million under management. Prior to joining Upfront in 2003, Mr. McCartney was an Executive Director in the Mergers & Acquisitions Group at Morgan Stanley & Co.
While at Morgan Stanley, Mr. McCartney was responsible for executing several complex strategic transactions, including advising QUALCOMM in connection with the restructuring and $1.5 billion sale of Mexican wireless company Pegaso PCS to Telefonica S.A., representing Haim Saban in connection with the $5.6 billion sale of Fox Family Worldwide to Walt Disney, and orchestrating the purchase of rapidly-growing restaurant chain Baja Fresh by Wendy’s International. Mr. McCartney had joined Morgan Stanley & Co. in 2001 after eight years at Donaldson, Lufkin & Jenrette, most recently as a Senior Vice President in DLJ’s Investment Banking Division.
While at DLJ, Mr. McCartney focused on the structuring and execution of strategic merger and acquisition transactions, leveraged finance and private equity transactions primarily in the healthcare, specialty retail and technology industries. Mr. McCartney was one of the earliest members of DLJ’s Los Angeles banking franchise, where he led the development and execution of a number of significant transactions, including representing Hughes in connection with the $5.6 billion combination of its satellite communications business with PanAmSat as well as advising Tenet Healthcare in numerous strategic initiatives including its $3.0 billion purchase of OrNda and its earlier $3.2 billion purchase of American Medical International. While at DLJ, Mr. McCartney was also responsible for raising over $5.0 billion in high yield and leveraged bank debt for clients, as well as completing a number of initial public offerings and private placements of equity securities.
Before joining DLJ, Mr. McCartney began his investment banking career as an Analyst in the Mergers and Acquisitions Group at Morgan Stanley & Co. Michael graduated from Princeton University in 1988 with an AB in economics, and earned his MBA from the Harvard Business School in 1992.