Rich resources

One of the giants of the LBO industry, Boston-based Thomas H. Lee Partners, has announced a key hire - Richard Bressler, most recently the chief financial officer of media company Viacom and previously a senior officer and CFO of Time Warner. Bressler will head up THL Partners' new Strategic Resource Group, which helps coordinate the services and advice offered to portfolio companies. Scott Sperling, an industry veteran of almost 25 years, a senior partner with THL Partners for more than a decade, and now one of three copresidents, spoke recently with Private Equity Manager about Bressler's addition.