GTCR has promoted Benjamin J. Daverman and Lawrence C. Fey IV to managing director and Stephen J. Jeschke to principal. Daverman joined the private equity firm in 2008, Fey came on board in 2012 and Jesche was first hired in 2011.
CHICAGO, Sept. 22, 2016 /PRNewswire/ — GTCR, a leading private equity firm, announced today the promotions of Benjamin J. Daverman and Lawrence C. Fey IV to Managing Director, and Stephen J. Jeschke to Principal.
Mr. Daverman joined GTCR in 2008 and became a Principal in 2014. He has played an instrumental role in many successful investments, including, Sterigenics, Cord Blood Registry, Crealta Pharmaceuticals, Actient Pharmaceuticals, and Devicor Medical Products, and is currently on the Boards of Cole-Parmer, Maravai LifeSciences, TerSera and XIFIN. He holds an MBA from the Wharton School at the University of Pennsylvania, a Master’s degree in biotechnology from the School of Applied Sciences & Engineering at the University of Pennsylvania and a BA in history, magna cum laude, from Colgate University.
Mr. Fey joined GTCR in 2005 and became a Principal in 2012. He has played an instrumental role in many successful investments, including Zayo Group, Six3 Systems, and Landmark Aviation, and is currently on the Boards of CAMP Systems, Cision, Onvoy and Park Place Technologies. He holds a BA in economics, cum laude, from Dartmouth College.
Mr. Jeschke joined GTCR as a Vice President in 2011. He has been instrumental in several important investments including Avention, Lytx and Rural Broadband Investments and currently serves on their Boards. He holds an MBA from Harvard Business School and a BS with honors in finance from the University of Illinois at Urbana–Champaign.
“Our Leaders Strategy™ investment philosophy is built around identifying and partnering with the right leader who will make the critical difference in building market-leading companies,” said Craig Bondy, Managing Director at GTCR. “We follow a similar philosophy when it comes to our own firm and are delighted to have these three outstanding investors and partners assume expanded leadership roles within the firm.”
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $12 billion in over 200 companies. For more information, please visit www.gtcr.com.