BOSTON, Oct. 02, 2018 (GLOBE NEWSWIRE) -- Charlesbank Capital Partners LLC is pleased to announce the appointment of Hiren Mankodi as Managing Director and Camille DeLaite as Operating Partner, Talent.
Hiren Mankodi
Previously a Partner at Pamplona Capital, where he co-led investing its $1 billion TMT fund, Hiren will lead technology investments for Charlesbank. Prior to this, he spent 12 years with Audax Group, most recently as Managing Director, heading investment activity in information technology, software and industrial technology companies. Earlier in his career, he was at Highland Capital Partners and Accenture. He earned a BS in electrical engineering from Brown University and an MBA from Harvard Business School.
“We believe technology will be increasingly critical to private equity investing, both as an attractive investment arena and as a significant lever for value creation in generalist portfolios,” said Michael Choe, Charlesbank CEO. “Hiren brings to Charlesbank deep sector experience and a proven track record of investing successfully over two decades, as well as intellectual capital that will be invaluable to our activities as a firm. We are delighted to welcome him to the Charlesbank partnership.”
Camille DeLaite
Camille DeLaite will lead talent development efforts across the Charlesbank portfolio. She joins from Green Peak Partners, where she was a Partner leading human capital and talent efforts, including helping private equity clients improve hiring outcomes and develop leadership strategies. Before that, she spent time at The Boston Consulting Group and Lehman Brothers. Camille received a BA in economics from Columbia University and an MBA from Harvard Business School.
Charlesbank Managing Director Sam Bartlett said, “Recognizing the important role high-performing executives play in driving portfolio value and growing a business, we are thrilled to have Camille join the team. She brings deep talent management and organizational alignment experience that will help us accelerate portfolio equity value creation. We look forward to her contributions and welcome her to this role and our firm.”
About Charlesbank Capital Partners
Based in Boston and New York, Charlesbank Capital Partners is a middle-market private equity investment firm managing more than $5 billion of capital. Charlesbank focuses on management led buyouts and growth capital financings and also engages in opportunistic credit investments. The firm seeks to partner with strong management teams to build companies with sustainable competitive advantage and excellent prospects for growth. For more information, please visit www.charlesbank.com.
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Contact:
Maura Turner
617-619-5457
mturner@charlesbank.com