LongRange Capital has added several new members to its investment team with the hirings of Sunny Patel as a senior principal, Taylor Elliott as a senior associate, and Austin Marcus as an associate.
“Our investment pipeline continues to grow,” said Bob Berlin, the managing partner of LongRange Capital. “I’m excited to welcome Sunny, Taylor and Austin to the LongRange team to help the firm and its investors capitalize on the opportunities we’re seeing in the market.”
Mr. Patel joined LongRange in April 2021 after working with Mr. Berlin for a brief period at New York-based Navab Capital Partners. Earlier in his career, he was with 3G Capital and for several years he was the general manager of Kraft Heinz’s US sauces and coffee businesses which had been acquired in 2013 and 2015 by 3G and Berkshire Hathaway. Prior to 3G, Mr. Patel was at KKR where he was active with the firm’s consumer, media and communications investments. Mr. Patel has his undergraduate degree in finance and pre-medicine from New York University.
Mr. Elliott joined LongRange last year after earning his MBA from Wharton. From 2016 to 2018 he was an associate with L Catterton and earlier he was an investment banking analyst at Barclays in its financial sponsors group. Mr. Elliott has his undergraduate degree in economics from Duke University.
Mr. Marcus joined LongRange from Cerberus Capital Management in March 2021. Prior to Cerberus, he was an investment banking analyst at Goldman Sachs in its technology, media and telecom group. Mr. Marcus has his undergraduate degree in business administration from Bucknell University.
LongRange makes both control and minority investments of $50 million to $400 million in middle-market businesses that are active in the non-discretionary consumer, value-added industrials, and information and data services sectors. LongRange was founded by Mr. Berlin in 2019 and is headquartered in Stamford, Connecticut.
© 2021 Private Equity Professional | June 17, 2021