Star Mountain Capital LLC, an investment manager focused on the U.S. lower middle-market, has named Michael Glennon as a vice president. His work background includes stints at Blackstone and Marakon. He also worked at the White House as an economic associate focusing on economic policy, research and political appointments.
NEW YORK–(BUSINESS WIRE)–Star Mountain Capital, LLC (“Star Mountain”), a specialized investment manager focused exclusively on the large and underserved U.S. lower middle-market, is pleased to announce that Michael Glennon recently joined as a Vice President. Michael is another example of Star Mountain bringing proven large market expertise and resources to established, private small and medium-sized businesses as a differentiator for both the companies it invests in, as well as for the institutional and individual investors who are aligned with Star Mountain.
Mr. Glennon has over 10 years of business development, investment, operations and investor relations experience from leading asset management firm The Blackstone Group where he spent approximately 4 years (receiving 2 promotions) and top ranked management and strategic consulting firm, Marakon. Mr. Glennon’s experience also includes civic duty, working at the White House as an Economic Associate focusing on economic policy, research, and political appointments.
The Blackstone Group is a $425+ billion AUM alternative investment fund manager. Marakon is a global management firm founded in 1978 and named a 2018 Best Management Consulting Firm by Forbes. At Blackstone, Mr. Glennon primarily focused on investment products (including private equity, private credit and special situations), strategic investor relations and reporting.
During his time with Marakon, Mr. Glennon worked on projects in the financial services, consumer products, logistics, and industrial manufacturing industries. For example, Mr. Glennon managed a team of four on a multi-month project for a North American industrial manufacturer where he prepared board of directors’ packs, led risk-analysis of potential mergers & acquisitions (M&A) and changing market/competitive dynamics, and built a debt-service/cash flow model to predict changes in rating and cost of capital based on potential M&A scenarios.
Mr. Glennon earned an MBA with Dean’s Honors from Columbia Business School and a BA in History and Political Science (cum laude) from the University of Pennsylvania.
“Michael has a proven history of academic achievement and professional success at leading organizations like Blackstone and Marakon. With nearly 30 full-time team members and another 35 advisors/operating partners, we are confident Michael will help us to further enhance the value our distinctive platform brings to our investors and to established small and medium-sized businesses in our portfolio” said Brett Hickey, Founder & CEO of Star Mountain.
“I am excited to have joined Star Mountain’s efforts to bring institutional best practices and differentiated returns to the large and less competitive lower middle-market. I believe exposure to this critical segment of the American economy can add material value to the alternatives portfolios of institutional and individual investors,” said Michael Glennon. “Star Mountain’s long-term view making substantial investments in team, strategy, culture and technology is a compelling place for me to add value with my experience in investments, operations and consulting.”
ABOUT STAR MOUNTAIN
Investing in the Growth Engine of America ® – Star Mountain Capital employs a data-driven approach to provide a value-added capital to finance growth initiatives of established small and medium-sized companies and leverage large market expertise, scale-driven resources, and longstanding relationships in the U.S. lower-middle market. Our Collaborative Ecosystem® is powered by custom-built technology and has a deep and experienced team that has been investing in this market since 2001. Star Mountain was named one of the Best Places to Work by Crain’s New York Business.
As part of its ESG, Star Mountain’s Charitable Foundation, a not-for-profit 501(c)3 focuses on improving lives through economic development, including job creation, health & wellness and cancer research. Notable missions include helping match veterans and women with high quality small and medium-sized business career opportunities across the country, including within Star Mountain’s portfolio which in aggregate represents over 200 companies.