Salem Shuchman, Managing Partner at Entrepreneur Partners, Joins Star Mountain as an Operating Partner
NEW YORK, June 19, 2018–(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 Salem Shuchman has joined the team as a strategic personal investor and Operating Partner.
Leveraging his extensive private equity background, Mr. Shuchman will provide invaluable strategy advice and insights into helping Star Mountain’s portfolio investments maximize value.
Mr. Shuchman is a veteran private equity investor with a 30+ year track record at leading private equity firms including Apax Partners. He is currently the Founder and Managing Partner at Entrepreneur Partners, a Philadelphia based private equity firm making investments in U.S. lower middle-market companies.
His leadership experience includes having been a Senior Partner at Apax Partners, a private equity group manager managing $12 billion of assets in the U.S. and Europe at the time. Prior to Apax, Mr. Shuchman spent nearly a decade as a Principal at Odyssey Partners, an alternative investment fund managing both public equity as well as private equity investments.
Mr. Shuchman served on the Board of Trustees and the Investment Board at The Children’s Hospital of Philadelphia for 12 years, stepping down in June 2018. Mr. Shuchman has also served on the Board of Managers and Investment Committee for Swarthmore College for the last 18 years and effective in June 2018, he became the Chair of the Board at Swarthmore College.
Mr. Shuchman has a BA with honors in Political Science, Economics, and Philosophy from Swarthmore College. He is also a triathlete and three-time Ironman finisher.
“Salem’s experience and relationships will add meaningful value including furthering our industry insights in assisting with portfolio management to benefit our investors and the companies we invest in,” said Brett Hickey, Founder & CEO of Star Mountain.
“I look forward to sharing my best practices in private equity to help Star Mountain create value in their portfolio companies, and further its reputation as a value-added lender to lower middle-market companies,” said Salem Shuchman. “Star Mountain has a purpose-built platform for investors to access this labor-intensive end of the market while also creating meaningful value for its portfolio companies.”
ABOUT STAR MOUNTAIN
Investing in the Growth Engine of America® ® – Star Mountain Capital is a specialized asset management firm focused on investing in the large and underserved U.S. lower middle-market of companies with typically between $10 million and $150 million of annual revenues. Star Mountain’s distinctive business includes a custom-built media and technology platform and brings proven, large market resources to smaller businesses as a value-added lender and investment partner. Star Mountain was named one of the 2017 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.
Star Mountain Capital, LLC
Lauren Cooper, 646-787-0275