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McNally Capital promotes four, adds senior adviser

McNally Capital has promoted four on its team. Adam Lerner has now become a partner while Catherine Lien, Josh Brown and Ravi Shah have been upped to vice presidents. Also, the firm has added John Freund as a senior adviser.


Chicago, IL – June 5, 2017 – McNally Capital is pleased to announce the promotion of four team members, the addition of John Freund as a Senior Advisor to McNally Capital, and the completion of a rebranding effort, including the launch of a new firm logo and website.

Adam Lerner has been promoted to Partner, and Catherine Lien, Josh Brown and Ravi Shah have been promoted to Vice President. Adam Lerner joined McNally in 2009 and co-leads the firm’s Direct Investing activities. Catherine Lien joined McNally in 2013, and Josh Brown and Ravi Shah both joined McNally in 2016. They have played a key role in the firm’s growth and have been critical to McNally’s accelerated pace of investment activity.

“Since joining our team, Adam has significantly helped build McNally’s presence and reputation as a leader in Direct Family Capital,” said Ward McNally, Managing Partner and Founder of McNally Capital. “Additionally, Catherine, Josh, and Ravi have demonstrated tremendous dedication and leadership in their positions. They have all been essential to the growth of our firm.”

In addition, John Freund has joined McNally Capital as a Senior Advisor to further support the firm’s growth as a leader in Direct Family Capital. John is a seasoned investment professional with 47 years of experience. Previously, he was a Managing Director with Citigroup / Travelers Group and served as Managing Director and Head of Institutional Equities for the Midwest region for Salomon Brothers. John has been a trusted advisor, confidant and senior relationship manager to a well-regarded base of corporate clients and individuals for 47 years.

“John’s addition to our team will further bolster our ability to work with families to support their direct investing efforts as well as help generate new opportunities to strengthen and build our Merchant Banking activities,” said Frank McGrew, Managing Partner at McNally Capital. “His impressive tenure as an investor and trusted client advisor are well aligned with our approach to partnership and make him a strong fit with our firm. We are excited to have him onboard.”

Finally, McNally is pleased to launch its new firm logo and website. The rollout of the new website emphasizes the firm’s focus on building a best-in-class platform as a leader of Direct Family Capital. The new website can be found at “The new site highlights McNally’s approach to partnering with our ecosystem of family office investors, management teams and operating companies,” said Ward McNally. “Though the website is new, it is representative of the focus we’ve always maintained on partnership, alignment, and the power of Direct Family Capital.”

About McNally Capital
McNally Capital focuses exclusively on Direct Family Capital. With an emphasis on partnership, we harness the financial, intellectual, and human capital of our family office ecosystem to build value for family office investors, management teams and operating companies. We maintain a private network of over 800 family offices with whom we collaborate to make and manage direct investments. For more information, please visit: