Charlesbank Capital Partners appoints new Managing Directors
BOSTON and NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) – Charlesbank Capital Partners LLC is pleased to announce the appointment as Managing Director of Mayur Desai, Matthew Jacobson, David Katz, Maggie Littlefield Sahlman, Pedro Vaz and Carolyn Wintner , as of July 1, 2021. With these promotions, the firm now has 20 managing directors within the firm.
“It is an important milestone to recognize the accomplishments and dedication of these team members through their well-deserved promotion to CEO,” said Michael Choe, Managing Director and CEO of Charlesbank. “During their careers at Charlesbank, they have made a significant contribution to our mission of delivering superior results to our investors, consistently maintaining the team approach that fuels our culture and the success of our three investment strategies. . “
Mayur joined Charlesbank as a partner in 2009 and joined the Flagship Private Equity team in 2015. Earlier in his career he also worked at Audax Group and Vector Capital. Mayur joined Charlesbank’s Technology Opportunities team in 2019, which he helps lead alongside Hiren Mankodi and Darren Battistoni. He is actively involved in the company’s investments in Ivanti, Wolfepak Software and Vestcom. Previous holding company involvement includes CIFC, QC Supply, TLC Vision, and Trojan Battery. Mayur holds a BS from the Massachusetts Institute of Technology and an MBA from Harvard Business School.
Matt joined Charlesbank’s Credit Opportunities team in 2016. Previously he was Executive Director at Palmer Square Capital Management and prior to that he held a similar position at Nomura Securities. Early in his career, Matt worked at Goldman Sachs and Lehman Brothers. Responsible for the investment research and portfolio management of Charlesbank’s credit investments, Matt has been instrumental in shaping the credit opportunities strategy since its inception. He graduated with a BBA, magna cum laude, from Texas Christian University.
David joined Charlesbank’s Flagship Private Equity team in 2013 after obtaining his MBA. Previously, he worked at Bain Capital and McKinsey & Company. David is now a group leader in the business services industry and is actively involved in the company’s investments in Lido Advisors, Neptune Retail Solutions and World Insurance Associates. Previous holding companies include Ensono and Varsity Brands. He obtained his BA, summa cum laude and MBA from Harvard University.
Maggie Littlefield Sahlman
Maggie joined Charlesbank in 2019 to lead the company’s fundraising and investor relations efforts. Previously, she was Managing Director of the Private Fund Group at Houlihan Lokey, which acquired its predecessor company, BearTooth Advisors. Prior to BearTooth, Maggie spent 10 years at Advent International and began her career at Goldman Sachs. During his tenure at Charlesbank, the company raised three funds and two complementary vehicles as part of its flagship private equity, credit and technology opportunities strategies, totaling nearly $ 7 billion in capital commitments. Maggie graduated from Princeton University.
Pedro joined Charlesbank’s Flagship Private Equity team in 2010 from McKinsey & Company. After working across multiple industries at Charlesbank, Pedro is now a Leader of the Technology & Technology Infrastructure team and is actively involved in Park Place Technologies and Six Degrees. Previous portfolio companies include Full Beauty Brands, MyEyeDr., Plaskolite, Sound United, Tecomet, Wayfair, and Zayo. He obtained his BSE and MSE from the University of Michigan.
Prior to joining Charlesbank as Head of Capital Markets in 2019, Carolyn worked at Bain Capital Credit for nine years, most recently as Director of Private Credit Group. There she was responsible for the origination, underwriting and documentation of private investment opportunities across the capital structure. At Charlesbank, she oversees all capital markets activities across new and existing platform investments, including debt buyouts, additions and recapitalizations. She also manages the company’s relationships with leveraged finance providers and advisors while actively working with the company’s credit opportunities strategy. Carolyn received her BA, summa cum laude, and MBA from Harvard University.
About Charlesbank Capital Partners
Based in Boston and New York, Charlesbank Capital Partners is a mid-sized private investment firm with more than $ 15 billion in capital raised since its inception. Charlesbank focuses on management-led buyouts and growth capital financings, as well as opportunistic investments in credit and technology. The firm seeks to create companies with a sustainable competitive advantage and excellent growth prospects. For more information, please visit www.charlesbank.com.
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