Star Mountain Capital Analysis
What is Star Mountain Capital?
Lower middle-market asset manager with $1.2B fund raised
Product Features & Capabilities
- Direct debt financing to lower middle-market companies
- Minority and control equity investments
- Secondary investments in lower middle-market funds
- Strategic LP capital for private credit funds
Investment Focus
Star Mountain Capital primarily focuses on the lower middle-market, investing both debt and equity directly into established operating companies. The firm also engages in purchasing secondary positions, indicating a dual strategy that encompasses both direct investments in companies and secondary market investments. Their investment approach is characterized by a collaborative ecosystem, emphasizing partnerships with other private equity and private credit fund managers that target small and medium-sized businesses.
Assets Under Management
over $4 billion
Investment Geography
Star Mountain Capital primarily invests in the North American lower middle-market, focusing on established, profitable small and medium-sized private businesses in the U.S.
Key Portfolio Companies
- Construction Management for Public & Private Infrastructure - Engages in managing construction projects for both public and private sectors.
- Industrial Equipment Dealer - Specializes in the sale and distribution of industrial equipment.
- Professional Education & Training Provider - Offers educational and training services in various professional fields.
- Provider of Skilled Contract & IT Resources - Supplies skilled labor and IT resources to various industries.
- Producer of Content Marketing Campaigns - Focuses on creating and managing content marketing strategies for businesses.
- HVAC Servicing Platform - Provides heating, ventilation, and air conditioning services.
- Remote Care & Telehealth Provider - Delivers healthcare services remotely through telehealth technologies.
- Precision Manufacturing Platform for Metal Components - Engages in the precision manufacturing of metal components.
- Executive Search Firm for Healthcare & Life Science - Specializes in recruiting executives for healthcare and life science sectors.
- National Engineering & Architectural Design Business - Provides engineering and architectural design services on a national scale.
Notable Exits
- Fox Rent A Car - The details regarding the exit method were not specified in the sources.
- Exenta - The exit method was also not detailed.
- Radius Global Market Research - Specifics on the exit method were not provided.
- Bridgenext - The exit method was not mentioned. The exits primarily involved selling their stakes in these companies, but the exact methods (e.g., IPO, sale to another firm) were not detailed in the available sources.
Recent Fundraising
Management Team
The management team of Star Mountain Capital includes the following key members:
1. Brett A. Hickey - Chief Executive Officer 2. Brian D. Finn - Non-Executive Chairman 3. Scott E. Couto, CFA - President 4. Stephen B. Paras, CFA - Managing Director & Chief Credit Officer 5. Christopher J. Birosak - Managing Director & Chairman of Investment Committee 6. Curtis Glovier - Strategic Investment & Portfolio Officer 7. Anne Yang - Strategic Portfolio Partner & ESG Committee Chair 8. Chris Calabrese - Strategic Portfolio Partner 9. Todd Benson - Non-Executive Investment Committee Member 10. Dr. Lev Borodovsky - Chief Risk Officer 11. Christopher J. Gimbert - Chief Financial Officer 12. John W. Polis - Chief Operating Officer & Chief Technology Officer 13. Austin Ericson - General Counsel & Chief Compliance Officer 14. Mary D'Souza - Strategic Portfolio Partner 15. Bruce Eatroff - Managing Director 16. David J. DiPaolo - Managing Director 17. Ravi Ugale - Managing Director 18. Chris Goodwin - Managing Director 19. Ryan T. McGovern - Managing Director 20. John McCarty - Managing Director 21. Jonathan P. Barnes - Managing Director 22. George K. Kollitides II - Managing Director and Strategic Portfolio Partner 23. Jeff Feinberg - Managing Director and Strategic Portfolio Partner 24. Jared Cohen, CFA - Managing Director 25. Harry E. Haskins - Managing Director 26. Leanne Schmitt - Managing Director - Client Services 27. MaryAnn Stauffer - Managing Director - Client Services 28. John Ide, CFA - Managing Director - Client Services 29. Amon Johnson - Managing Director - Client Services 30. Warren DeKinder, CFA - Managing Director - Client Services 31. Bryan Johnson, CFA, CAIA - Managing Director - Client Services 32. Crandall Deery - Managing Director 33. Stephan T. Connelly, CFA - Managing Director 34. James Camarda - Managing Director - Private Wealth Strategy & Strategic Relationships 35. Jaspal Bajaj, CPA, CA - Controller 36. Dr. Sudharshan Sathiyamoorthy - Senior Quantitative Specialist 37. Renald Durand, CPA, CA, CFA, CAIA - Managing Director of Finance 38. Justin Garrod - Managing Director 39. Michael Goldstein - Director 40. Sean McGuire - Director 41. Bridgit Chiappetta - Client Services & Business Development 42. Christina Chiaino - Client Services & Business Development
The firm has a highly aligned full-time team of over 80 professionals, many of whom have held leadership roles at leading financial institutions. The team is 100% employee-owned, with all full-time members participating in the profits of the funds.
