Red Arts Capital, a middle-market private equity firm focused on supply chain-related businesses, has named Christopher DeLetto as vice president. Previously, he was an investment professional at Grey Mountain Partners.
CHICAGO, IL, May 24, 2022 — Red Arts Capital, LLC (“Red Arts Capital”), a leading middle-market, sector-focused private equity investment firm and preferred investment partner for family-owned supply chain-related businesses, announced the expansion of its team with the addition of Christopher DeLetto as Vice President and Indra Santhiapillai as the firm’s new Executive Assistant. The new hires come on the heels of two other additions to the firm, as the Red Arts team recently landed another VP, Michael Henkels, and Chief of Staff, Danielle Gerbie.
DeLetto comes to Red Arts Capital after spending time as an investment professional at Grey Mountain Partners in Boulder, Colorado, a $550M+ AUM asset management firm where he was responsible for sourcing, evaluating, executing and managing investments. Prior to Grey Mountain, Christopher worked at Duff & Phelps as part of their investment banking team. He began his career at Alvarez & Marsal in their strategy and management consulting practice. Christopher received a B.S. in Finance from the University of Illinois.
“I am very excited to be joining Red Arts Capital. The firm’s disciplined investment philosophy, targeted industry focus, and deep relationships across the supply chain industry have proven to be very successful.” says Christopher DeLetto. “I am looking forward to building upon the foundation that Nick Antoine and Chad Strader, Red Arts Capital Co Founders, have laid over the last seven years.”
DeLetto’s responsibilities at Red Arts Capital will include deal sourcing, investment evaluation and execution, and monitoring investments.
Joining DeLetto at the rapidly expanding firm is Indra Santhiapillai. Santhiapillai comes to Red Arts with a strong background in investment industry administration, having held a similar role as an Administrative Assistant supporting the team at Hines, a large $90B+ AUM real estate investment company. Indra holds a Bachelor of International Business with a minor in Management from Wichita State University.
“Having Christopher and Indra join the Red Arts team is incredibly exciting. Both will be crucial pieces of the team as we continue to grow,” said Nicholas Antoine, Co-CEO, Co-Founder and Managing Partner of Red Arts Capital.
Led by two diverse Co-CEO’s Nick Antoine and Chad Strader, Red Arts Capital has found success through producing outsized returns on investments made in the supply chain and logistics industries. Red Arts’ most recent deal was the sale of Midwest Motor Express to Knight-Swift Transportation generating a nearly 8.0x gross multiple on invested capital and over a 6.0x multiple, net of fees, for its investors. Overall, the firm’s pre-fund portfolio has generated nearly a 7.0x gross multiple on invested capital, and a 5.3x net multiple as of March 14, 2022, placing it in the top 1.4% of nearly 5,000 private equity buyout managers over 10 years of data, according to Preqin’s database.