Kainos Capital has announced that Catherine Anne Prideaux has returned to the firm as a vice president. Earlier this year Kainos closed its $1 billion third fund and Ms. Prideaux’s hiring follows several other recent staff additions.
Ms. Prideaux first joined Kainos in 2018 and served as an associate and senior associate before leaving the firm to attend Wharton where she recently earned her MBA. Now back at Kainos, Ms. Prideaux will be active in the evaluation, execution, and management of portfolio companies, and will help lead Kainos’ associate recruiting and development activities.
“We are pleased to welcome Catherine Anne back to Kainos as a vice president,” said Andrew Rosen, the managing partner of Kainos. “During her first tenure on the Kainos team, she consistently demonstrated exceptional skill and work ethic, and in this elevated role she will undoubtedly add tremendous leadership and value to our investment process, our portfolio company Change Capital approach, and our culture.”
In addition to the return of Ms. Prideaux, Kainos has also added three associates to its team with the hirings of Gage Baumli, Cate Mason and Molly Swenson; and promoted Brooks Thomas to senior associate from associate.
Mr. Baumli joined Kainos in July from the energy and power group of Wells Fargo where he was an investment banking analyst; Ms. Mason joined the firm in July from the power, energy, and infrastructure group at Lazard where she was an investment banking analyst; and Ms. Swenson joined Kainos in August from the natural resources group at Goldman Sachs where she was an investment banking analyst.
“We are excited to have several talented professionals join the firm this summer as we continue to build our team,” added Mr. Rosen. “Our ability to drive transformational growth across the Kainos portfolio depends on our ability to recruit top talent with different perspectives and experiences.”
Last week, Kainos also announced that it had added Doug Reader to its team as a senior managing director to lead the firm’s operations team and advise the firm’s portfolio companies with financial, information technology, and operational strategies (Wellness and Nutrition Pro Joins Kainos). Throughout his 40-year career, Mr. Reader has focused on the consumer goods industry, specifically food, wellness, nutrition, and supplements. Most recently, beginning in March 2021, Mr. Reader was CEO of Arizona Nutritional Supplements, a contract manufacturer specializing in nutritional and dietary supplements.
Dallas-headquartered Kainos invests from $50 million to $200 million of equity in North American food and consumer products companies that have EBITDA from $10 million to $80 million. In February 2023, Kainos closed its third fund, Kainos Capital Partners III LP, with over $1 billion in capital commitments. Fund III is the largest fund the firm has ever raised.
© 2023 Private Equity Professional | August 15, 2023
