Z Capital appoints executive

The Lake Forest-based private equity firm Z Capital Partners, LLC has named William McBeath managing director and operating partner.

Prior to joining Z Capital, McBeath was president and chief operating officer for CityCenter, which includes ARIA Resort & Casino, Vdara Hotel & Spa, Crystals and Mandarin Oriental in Las Vegas Nevada. McBeath's responsibilities included providing strategic and operational, executive-level leadership for all areas of CityCenter. He was a vital member of CityCenter's original opening team, overseeing every aspect of the design and development of ARIA and Vdara. In addition, he oversaw one of the country's most exclusive golf courses, Shadow Creek, and MGM Resorts' Race & Sports Book Operations.

McBeath started his career with MGM Resorts in 1987 and has held a number of key management positions with three of Las Vegas' most successful resorts - The Mirage, Treasure Island and Bellagio. McBeath served as president and COO of each of these properties. At each resort, he was integrally involved in extensive re-branding and development projects and led the respective teams to record-breaking results.

"Bill brings to this role nearly 30 years of experience in starting, building, growing and improving the profitability, performance and value of companies within the gaming and resort industry," said James J. Zenni, President and Chief Executive Officer of Z Capital.

Mr. McBeath received his BS in Hotel Administration from University of Nevada, Las Vegas and was recognized as "Alumni of the Year" by the University's Hotel School in 2004.