Aquiline Capital Partners LLC, a New York-based financial services-focused private equity firm, have added Max Chee and Michael Cichowski to their team. Both Chee and Cichowski will work on developing the firm’s tech growth fund. Previously, Chee worked at Millennium Technology Value Partners where he was a managing partner while Cichowski was a managing director at an unidentified family office.
NEW YORK–(BUSINESS WIRE)–Aquiline Capital Partners LLC, a New York-based private equity firm specializing in financial services, today announced that Max Chee and Michael Cichowski have joined the firm. Mr. Chee and Mr. Cichowski will utilize their specialized investing expertise to develop the firm’s Aquiline Technology Growth Fund.
“Technology is transforming the global financial services sector, and we are seeing meaningful changes, particularly in the insurance industry,” said Jeff Greenberg, Chairman and Chief Executive of Aquiline. “Max’s and Michael’s extensive experience in technology investing strengthens our financial technology and services team and demonstrates our commitment to invest in early- and growth-stage companies.”
Mr. Chee will lead the company’s Technology Growth Fund, building on his 17 years of experience as a private equity and venture capital investor. Prior to joining Aquiline, Mr. Chee was a Managing Partner at Millennium Technology Value Partners, a leading technology investment firm, where he led more than 20 enterprise, consumer, and financial technology investments, from early growth to pre-IPO companies. Previously, Mr. Chee worked in Mellon’s Private Equity Group and the Financial Institutions Group at Salomon Brothers.
“I am excited to join the team at Aquiline, whose focus, expertise, and established network in financial technology and services is truly impressive,” said Mr. Chee. “Aquiline is uniquely positioned to invest in and support emerging technology companies in these sectors, and I look forward to leading these initiatives.”
Mr. Cichowski joins Mr. Chee in developing the Technology Growth Fund at Aquiline, bringing more than a decade of venture capital and growth equity investing experience focused on financial technology. He was most recently Managing Director of a family office, where he led early- and growth-stage venture capital investments. Previously, he spent seven years at Edison Partners, a leading 30-year-old growth equity firm, where he invested in financial technology companies across wealth management, capital markets, payments, banking, and insurance. Earlier in his career, Mr. Cichowski held roles at Monitor Group, Merrill Lynch, and a venture-backed startup.
“I look forward to working with Max and the broader Aquiline team,” said Mr. Cichowski. “Aquiline’s track record and industry experience will be invaluable as we invest in the entrepreneurs bringing innovation to the insurance industry and the broader financial services vertical.”
About Aquiline Capital Partners LLC
Aquiline Capital Partners, founded in 2005, is a private equity firm based in New York investing in middle-market businesses across the financial services sector in banking and credit, insurance, investment management and markets, and financial technology and services. Aquiline targets specialized businesses that have potential for improved performance and growth in conjunction with Aquiline’s equity ownership and active involvement. The firm consists of industry experts, many with operating experience, who use a hands-on approach to build value in portfolio companies. For more information about Aquiline, its investment professionals, and its portfolio companies, please visit www.aquiline-llc.com.