Portland, Oregon-based alternative investment firm Aequitas Capital Management has announced the appointment of four executives to senior management positions at the company's newest office locations in Palm Beach, Boston and San Diego.
The appointments include Hedy Foreman (pictured) and Michael Fawcett in Palm Beach. They will also be responsible for the Boston office where Gregg Spiro will be located. Tom Szabo will lead efforts in southern California.
'The opening of our new office locations along with the appointments to our senior management team reflects Aequitas' continued growth and the strength of our business model,' says Robert Jesenik, chief executive of Aequitas Capital Management. 'The additional team members bring a breadth of experience and skills that will strengthen the company as we continue to grow.'
Foreman joined Aequitas as executive vice president and chief information officer, and will become part of the firm's private equity practice, supporting portfolio companies as well as the CarePayment finance product. Foreman's experience includes positions as senior vice president and chief information officer at Health Dialog, vice president and chief technology officer at Altria Group, and senior IT and business executive with Bristol Myers.
Fawcett joined Aequitas as executive vice president. He will lead Aequitas' private equity practice, overseeing Aequitas Catalyst private equity fund as well as the firm's merchant banking strategy. Fawcett has experience as a partner with other private equity funds, in addition to his experience in mergers and acquisitions, restructurings, corporate transactions and as a chief executive of various companies.
Spiro has joined Aequitas as a managing director in the Boston office, where he will work with Fawcett and Foreman. Spiro has had a long career in corporate operations, private equity, troubled company investing and financial transactions.
Szabo joined Aequitas as executive vice president based in San Diego. Szabo is an experienced chief executive and investor in many start-up businesses. Most recently he was the chief executive of Telanetix, a publicly-traded provider of telepresence technology. Prior to Telanetix, Szabo founded Digital On Demand, a digital entertainment network with distribution contracts with major entertainment producers, including EMI, Sony, BMG, Universal and Disney.