To begin 2024, Odyssey Investment Partners has promoted three members of its investment team.
Tug Fisher has been promoted to managing principal from principal. Mr. Fisher joined Odyssey in January 2011 from Deutsche Bank Securities where he was an analyst in the firm’s investment banking industrial group.
Mr. Fisher currently serves on the boards of Odyssey portfolio companies Barcodes, a Chicago-based provider of data capture, identification, and access control products (December 2018), Mercalis, a North Carolina-based provider of commercialization services to life sciences companies (November 2017); and ProPharma, a North Carolina-based research consulting organization to the biotech, medical device, and pharmaceutical sectors (October 2020).
The two other promotions announced by Odyssey include Judah Levy’s promotion to vice president from senior associate, and Spencer Marks’ promotion to senior associate from associate.
“We are delighted to announce the promotions of Tug, Judah, and Spencer, which acknowledge their impressive contributions to Odyssey’s success and the strategic growth of our portfolio companies,” said Brian Kwait, Odyssey’s chief executive officer. “Tug, who joined us as an associate thirteen years ago, has become an increasingly important member of the Odyssey team during his career with the firm, and we are pleased to recognize his contributions, leadership, and commitment to advancing Odyssey’s culture of teamwork and mentorship. Judah and Spencer are exceptional team members, and we look forward to each of their continued contributions in their new roles.”
Odyssey is actively engaged in the development of its professional staff demonstrated by the fact that seven of Odyssey’s nine managing principals on its investment team began their career at the firm as associates.
New York City-based Odyssey makes control investments of $100 million to $300 million in middle-market companies that have from $20 million to $100 million of EBITDA and are active in the industrial and business services sectors. In February 2020, Odyssey held a first, final, and hard cap closing of Odyssey Investment Partners Fund VI LP with $3.25 billion of capital.
© 2024 Private Equity Professional | January 18, 2024