CHICAGO, March 3, 2008 (PRIME NEWSWIRE) -- WHI Capital Partners announces that Scott M. Murray, former Managing Director of Madison Capital Partners and co-founder of Pfingsten Partners, L.P., has joined WHI Capital Partners' Advisory Board.

"Bringing over 30 years of experience, Scott has one of the best track records in middle market private equity," said Adam Schecter, Managing Partner of WHI Capital Partners. "His leadership skills and insights have made him consistently successful in his endeavors and we are extremely fortunate to have him join our Advisory Board."

Mr. Murray has achieved success over his 30 year career lending to, advising and buying middle market manufacturing and distribution companies. The last 19 years he was involved in building two successful private equity firms as a co-founder and Managing Director; first at Pfingsten Partners, LP in 1989 and then at Madison Capital Partners in 1994. Madison Capital focused its acquisition activity on underperforming and under-managed industrial manufacturing companies principally in the capital goods and plastics industries. During his tenure, Madison acquired 18 companies and achieved top quartile returns without incurring any losses. Scott has been a member of the board of directors for all of Madison Capital's portfolio companies and instrumental in Madison's consistent success. Additionally, Scott focused his efforts on generating new acquisition opportunities and raising capital. Prior to Pfingsten Partners, Mr. Murray was an investment banker in the Mergers and Acquisitions group of Citicorp Securities Markets and in Corporate Finance with Continental Illinois National Bank in Chicago.

About WHI Capital Partners

WHI Capital Partners (www.whicapital.com) is a Chicago-based private equity firm that invests in leading niche manufacturing, value-added distribution and specialty service companies with revenues between $10 - 100 million. WHI Capital Partners focuses on creating a true partnership with a company's management team with the goal of enhancing operational efficiency along with developing and executing a clearly defined growth plan to build value. Backed by the financial strength and resources of its parent firm, William Harris Investors, Inc., WHI Capital Partners provides a unique solution to help a company capitalize on its near-term and long-term opportunities.

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WHI Capital Partners
Adam Schecter
312-621-0641