AEI Announces New Partners

AE Industrial Partners has promoted Jon Nemo to senior partner, and Charlie Compton, Kirk Konert and Peter Schumacher to partner.

“Over the past six years, we have been focused on building an investment team and organization that is best-in-class,” said David Rowe, a managing partner of AEI. “The promotions of Jon, Charlie, Kirk and Peter reflect their achievements in building and creating value in our portfolio, and the leadership they have shown in the firm.”

Mr. Nemo joined AEI as a partner in April 2016 and is responsible for originating, executing and monitoring the firm’s portfolio investments. He is a member of the firm’s investment committee and is active with AEI’s strategic direction and overall management.

Before joining AEI, Mr. Nemo was a managing director and head of the aerospace, defense and government services group at Harris Williams. Earlier in his career, Mr. Nemo was a managing director in the aerospace and defense group at Jefferies & Company, and a managing director in the industrial growth and services group at CIBC. Mr. Nemo is a member of the boards of Alpine Air Express (acquired in May 2019), Applied Composites (May 2016), Atlas Group (October 2017), CDI (September 2017) and Triman Industries (September 2019). He has his BBA degree from the University of Michigan.

Mr. Compton joined AEI in 2014 and is responsible for originating, executing and monitoring portfolio investments. He currently sits on the boards of BHI Energy (acquired in August 2017), Kellstrom Aerospace (April 2015), Moeller Aerospace (July 2016) and Triman Industries. Prior to joining AEI in 2014, Mr. Compton was an associate at Vestar Capital Partners and from 2009 to 2012 he was with Wells Fargo Securities. Mr. Compton has his BBA degree from the University of Georgia.

Mr. Konert joined AEI in 2014 and is responsible for originating, executing and monitoring portfolio investments. He is a member of the boards of Applied Composites, Atlas Group, CDI, Columbia Helicopters (acquired in August 2019) and Gryphon Technologies (September 2018), and also manages the firm’s investment in Belcan (July 2015). Prior to joining AEI in 2014, Mr. Konert was a senior associate at Sun Capital Partners and earlier he was with Wells Fargo Securities. Mr. Konert received a BA in Economics from Davidson College.

Mr. Schumacher joined AEI in 2015 and is responsible for developing investment strategy, originating proprietary investment ideas, performing technical due diligence, and the monitoring and growth of portfolio investments. He currently sits on the boards of Applied Composites, Atlas Group and Moeller Aerospace.  Prior to joining AEI, he was with GE Aviation and Orbital Sciences.  Mr. Schumacher has a BS in Aerospace from Arizona State and an MBA from Ohio State.

“Our goal in broadening the partnership ranks is to ensure continuity, sustainability and long-term institutional memory in the manner we conduct our business,” said Michael Greene, a managing partner of AEI. “Our market presence will be larger and stronger with the expansion of our partnership ranks.”

AEI invests in the aerospace and defense, power generation, and specialty industrial sectors with a specific focus on technical manufacturing, distribution and supply chain management, MRO (maintenance, repair and overhaul) and industrial service-based businesses.  Typical company targets will have from $50 million to $500 million of revenue. The firm held a final hard-cap closing of its second private equity fund, AE Industrial Partners Fund II LP, with $1.36 billion in commitments in July 2018. AEI is headquartered in Boca Raton (www.aeroequity.com).

© 2019 Private Equity Professional | October 3, 2019

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