Wellspring Hires Biz Development Pro

Wellspring Hires Biz Development Pro

Wellspring Capital Management has hired Alexander Bues as the firm’s new head of business development. Throughout his career, Mr. Bues has a track record of origination and execution of middle-market private equity investments across the healthcare, consumer, industrial, and services sectors. Prior to joining Wellspring, he was the head of business development for Westport, CT-based […]

PennSpring Adds to Team

PennSpring Adds to Team

PennSpring Capital has hired Thomas Showers to lead the firm’s transaction development efforts in Pennsylvania. Mr. Showers, who has nearly four decades of deal origination experience, joins PennSpring from BB&T where he was responsible for business development in the bank’s south-central Pennsylvania region. Earlier in his career, he held similar business development positions at National […]

Gemspring Expands Investment and Ops Teams

Gemspring Expands Investment and Ops Teams

Gemspring Capital has added two professionals with the hirings of Donald Gerne as a managing director on its investment team and Charles Fraas as a managing director and head of portfolio operations. Mr. Gerne has nearly twenty years of investing experience. Most recently, he was a partner at New York-based Metalmark Capital Partners where he […]

NEP Adds New Partner

NEP Adds New Partner

Norwest Equity Partners (NEP) has added Sundip Murthy, a twenty-plus year veteran of the private equity industry, to the firm as a new partner. Mr. Murthy joins NEP from New York-based Snow Phipps where he was a partner and head of the firm’s consumer sector. He joined Snow Phipps in 2012 from 3i Group where […]

Falls River Adds Life Sciences Pro

Falls River Adds Life Sciences Pro

Falls River Group, a middle-market investment bank, has added Stephen Maddox to its team as a group president in the firm’s life science sector. Mr. Maddox will lead the firm’s Life Sciences Team in developing investment opportunities and in the provision of sell and buy-side transaction, advisory and strategic planning services. Prior to joining Falls […]

Abacus Promotes and Hires

Abacus Promotes and Hires

Abacus Finance Group has promoted Eric Petersen to Director and has hired Jacob Wise as an Analyst. “We continue to broaden our investment team, always with the goal of providing our sponsors with deep talent and the kind of resources that will provide swift and efficient service and give them peace of mind,” said Tim […]

Altus Promotes Two

Altus Promotes Two

Altus Capital Partners has promoted Nick deMarco to principal and Joshua Tesoriero to vice president. “Altus Capital continues to see an increase in its investment activities. We attribute our success to the availability of high-quality professionals on our team and look forward to Nick and Josh’s continued contributions to the firm and its investors,” said […]

Kate Wallman Promoted at Encore

Kate Wallman Promoted at Encore

Encore Consumer Capital, an active investor in consumer products companies, has promoted Kate Wallman to Director. “It is extremely rare to find a senior investor with Kate’s acumen that is also such a great cultural fit with a firm like ours and our partner companies. We are delighted to see her advance in her career […]

With New Fund, Edgewater Adds Biz Development Pro

With New Fund, Edgewater Adds Biz Development Pro

Edgewater Capital Partners has added Jason Burmer to its team as vice president of business development. Mr. Burmer will spearhead Edgewater’s business development function and work with the firm’s investment team to implement investment themes and expand upon relationships nationwide. The addition of Mr. Burmer follows Edgewater’s closing of its most recent fund, Edgewater Capital […]

BelHealth Promotes Spero

BelHealth Promotes Spero

BelHealth Investment Partners has promoted Jonathan Spero to Vice President. Mr. Spero joined BelHealth in 2015 and previously served as a senior associate and associate. During his time at BelHealth, Mr. Spero has contributed to the firm in many ways including origination and structuring to due diligence, execution and portfolio company monitoring. He has supported […]

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