FTV Capital has added Alex Mason as a new partner. Mr. Mason will focus on enterprise technology and technology-enabled services investments from the firm’s San Francisco office.
Mr. Mason joins FTV Capital from Carrick Capital Partners, where he was active investing in enterprise technology, financial services and health care companies. As a managing director at Carrick, Mr. Mason led thesis development, deal sourcing, execution, monitoring and value creation as a board member, and exit planning for numerous Carrick portfolio companies.
Prior to Carrick, Mr. Mason was a vice president at Accel-KKR where he focused on control investments in middle-market enterprise software and technology-enabled service companies. Earlier in his career, he worked at TCV (formerly known as Technology Crossover Ventures), a private equity and public equity investment firm focused on growth investments.
“Alex brings a blue-chip pedigree and nearly two decades of proven growth equity investment experience and deep sector expertise in enterprise technology and financial services to FTV. His proactive, outbound sourcing DNA combined with his collaborative, team-oriented approach are highly consistent with the characteristics and culture that have driven FTV’s success since 1998,” said FTV Capital managing partner Brad Bernstein. “Alex has demonstrated a keen ability to identify innovative companies and management teams that are generating exceptional growth and building market-leading companies.”
Mr. Mason has an MBA from Harvard Business School and he earned his undergraduate degree in economics from the University of Washington.
FTV Capital invests from $10 million to $85 million in companies that have $10 million to $100 million of revenue, are growing 20 percent plus annually, and have blue chip customer relationships that often generate recurring revenue. Sectors of interest include enterprise technology & services, financial services, and payments & transaction processing. In September 2016, FTV held a final closing of its oversubscribed fifth fund, FTV V LP, at the hard cap of $850 million of limited partner commitments. The firm’s fourth fund closed in March 2014 with $700 million of commitments. FTV has offices in San Francisco and New York (www.ftvcapital.com).
© 2019 Private Equity Professional | May 10, 2019