In the past 24 months, growth equity has attracted significant attention and capital. The rise of “hybrid” or “crossover” funds well as traditional buyout firms raising dedicated growth equity funds highlight this trend. The panel will discuss what implications this has had on their ability to source and compete on deals, and where they see continued challenges or new opportunities in growth investing going forward.
Managing Director, GTCR
Mark joined GTCR in 2000 and is currently a Managing Director of the firm. Mark currently is a Director of CAMP Systems, Cision, Global Traffic Network, IQNavigator, Lytx, Rural Broadband Investments and XIFIN. In addition, Mark was previously a Director of GTCR’s past investments, Land Lease Group and Landmark Aviation, and was instrumental in other GTCR investments including Skylight Financial, Solera and Transaction Network Services.
Mark previously worked at Gracie Capital and at Bowles Hollowell Conner & Co. Mark is active in education, serving on the board of the Chicago Foundation for Education, a non-profit organization that seeks to improve the educational experience of Chicago’s public school children. In addition, Mark is a member of the Chicago-area Jefferson Scholars Selection Committee for the University of Virginia.
He holds an MBA from Harvard Business School and a BS from the McIntire School of Commerce at the University of Virginia.
Mark E. Hastings
Managing Director & Head, Providence Strategic Growth
Mark Hastings is a managing director and head of Providence Strategic Growth based in Providence, RI. Mr. Hastings is currently a director of Abacus Data Systems, Burning Glass Technologies, GlobalTranz, Netsurion, PaySimple, Skybox Security, SnapApp and Vertical Knowledge.
Prior to joining Providence in 2013, Mr. Hastings most recently served as managing partner and founder of Garvin Hill Capital Partners. Prior to spinning out of CIBC to form Garvin Hill in 2009, Mr. Hastings led CIBC’s technology focused growth equity team in the United States. At CIBC, he developed the successful investment strategy and recruited the team. He was the primary deal originator and investment team leader. Prior to joining CIBC, he was a principal and general partner at BCI Partners. Mr. Hastings started his investment career at Edison Ventures.
He received a Master of Business Administration from the Wharton School at the University of Pennsylvania and a Bachelor of Arts from Colorado College.
Habib Kairouz '90
Managing Partner, Rho Capital Partners
Habib Kairouz is a managing partner of Rho Capital Partners, Rho Ventures and Rho Acceleration as well as a member of the Investment Committees of Rho Canada Ventures and Rho Fund Investors. With over 20 years of experience in venture capital, Habib seeks to partner with entrepreneurs who are visionaries, hungry to build massive opportunities, confident enough to challenge established market leaders and charismatic enough to attract top-tier partners, customers and other business personnel.
Habib joined Rho in 1993 and focuses on investments in new media, information technology and communication companies at various stages of development – from seed stage to private equity. Prior to Rho, Habib worked in investment banking and leveraged buyouts in New York with Reich & Co. and Jesup & Lamont.
His interests also extend internationally to the impact of the Internet on globalization and its disruption of geopolitical boundaries, as well as solutions to the Middle East conflict. A native of Lebanon, Habib is involved with a number of nonprofit organizations focused on reforms and economic development there.
Habib received a BS in engineering and a BA in economics from Cornell University and an MBA in finance from Columbia University.
General Partner, Edison Partners
Michael Kopelman is a General Partner at Edison Partners. Michael has nearly 20 years of venture investing, corporate finance and entrepreneurship with software, e-commerce and financial services organizations. Michael leads Edison’s e-commerce and consumer investment sector, and is a member of the financial services team. Michael is a frequent speaker at entrepreneurial events, technology conferences and financing seminars.
Michael began his career as an investment banker with Credit Suisse First Boston where he advised large retail and consumer products companies on numerous M&A and financing transactions. In 1999, Michael left CSFB to launch E*OFFERING, a venture-backed online investment bank affiliated with E*TRADE. He launched several new online products, including the first web-based roadshow for retail investors. E*OFFERING was acquired on year after its launch by SoundView Technology Group, where he remained to lead the firm’s internet and e-commerce investment banking franchise.
Michael received an MBA with honors from the Wharton School at the University of Pennsylvania and a Bachelor of Arts in Economics from the University of Pennsylvania.
Moderator: John Kim
Partner, Investor Relations and Marketing, Kelso & Company
John Kim is a Partner and Managing Director at Kelso & Company, where he joined in 2014, and is focused on marketing, fundraising and co-investment syndication. He spent the preceding nine years as a Partner at Court Square Capital where he ran Investor Relations and Marketing. Previously, he worked at Capital Z Investments where he ran the Investor Relations and Marketing department. Prior to Capital Z, he was a senior fundraiser for J.P. Morgan’s fund placement team where he raised capital for numerous private equity funds.