Daniel Costello

Managing Partner at Participant Capital

New York, New York, United States

About

Successful senior financial and media executive with an MBA. Currently Managing Partner of NY-based Participant Capital, a boutique global investment bank where I lead a team that has and completed $2B of M&A and capital and debt fundraising across multiple industries. Previously worked as Senior Vice President overseeing Global Mergers & Acquisitions and Strategy at News Corp. Previously worked for over a decade as a financial journalist at The Wall Street Journal and The Los Angeles Times. Have continued to write freelance articles for The New York Times and other leading global publications.

Experience

  • Managing Partner at Participant
    Sep 2017 - Present · 8 yrs 10 mos

    Participant Capital provides a wide range of advisory services, including strategic capital and debt fundraising; mergers and acquisitions; divestitures; and more. Lead an 8-person boutique investment banking team that has completed over a $1.5B of M&A and capital and debt raising across multiple industries, including healthcare, media, AI, manufacturing and more. Investors included private equity sponsors, strategic acquirers, family offices and institutional investors. Have a senior role defining the firm's overall strategy and service mix centered on M&A advisory and capital raising. Originate high-value buy‑side/sell‑side mandates and fundraising mandates (equity, mezzanine, growth capital, and more). Very strong leader, operator and team player.

  • Senior Vice President, Mergers & Acquisitions, Strategy at News Corp
    Jan 2013 - Sep 2017 · 4 yrs 9 mos

    News Corp., the publishing, news and information company, which is the publisher of The Wall Street Journal, Times of London, Realtor.com, The Australian, and Harper Collins. Manage global acquisitions and divestitures on behalf of News Corp., which has completed more than $2.5B of acquisitions during my tenure. Develop strategic investment analysis across the company and seek and review acquisition candidates that add to News Corp's strong digital transformation. Conduct due diligence, negotiate the terms of transition agreements, coordinate all activities with the buyer/seller until the deal closes. Plan and execute post-deal integration planning for up to one year after transaction. Work closely with News Corp's senior executive team and all global executive teams across News Corp business units including Dow Jones, News UK, Realtor.com and Harper Collins.

  • CEO at Titan Advisers
    Jan 2011 - Dec 2013 · 3 yrs

    Titan Advisers LLC is an independent research, analysis and strategy firm specializing in developed and emerging markets. Titan's expert consultants offer superior insights into their areas of economic and financial expertise. Each of our expert consultants is vetted, managed and free of conflicts. Titan's research and analysis is based on independence of thought, an objective view of fast-changing markets and economies, allowing clients to stay one step ahead of unfolding trends.

  • Reporter/Editorial Writer at Los Angeles Times
    2002 - 2008 · 6 yrs

    Healthcare business reporter for The Los Angeles Times; domestic policy editorial writer.

  • Reporter at The Wall Street Journal
    1997 - 2002 · 5 yrs

    Wall Street Journal Staff Reporter , New York, NY 1997-2002