Abbott Capital Management has promoted Mary Hornby, Timothy Maloney and Paolo Parziale to managing director.
Abbott Capital Management, LLC (“Abbott”) today announced that it has promoted Mary T. Hornby, Timothy W. Maloney and Paolo Parziale to Managing Directors.
Ms. Hornby joined Abbott in 2005 and is the firm’s General Counsel. Mr. Maloney has been a member of Abbott’s investment team since 2004. Mr. Parziale joined Abbott in 2002 and oversees the financial accounting and administration of all fund of funds products. Abbott welcomes all three as new partners to assist in the continued development of the firm.
Abbott is a leading independent investment manager specializing in private equity programs for institutional investors worldwide. Abbott manages more than $6 billion, invested in over 200 venture capital and growth equity, buyout and special situations funds. Abbott was founded in 1986 with the objective of providing long-term continuity and accountability for private equity portfolio management. Abbott is owned by its managing directors, who average over 15 years of private equity experience.