Lutherville, Md.-based Parkway Capital, the mezzanine unit of Calvert Street Investment Partners, last week announced the appointment of former Aksia executive Daniel Pincus as a senior associate.
In a LinkedIn post, Calvert Street said Pincus “helped build out the valuation and portfolio management function” at Aksia, a New York-based specialist research and portfolio advisory firm providing alternative investment solutions to institutional investors.
“He has over 8 years of experience in underwriting and portfolio management with a focus on the middle market,” the LinkedIn post on Aug. 31 said, adding that Pincus holds a bachelor of arts degree in Mathematics from Skidmore College.
Pincus’ “experience in credit underwriting and analysis, with a particular focus on the lower middle market, makes him a strong fit with Parkway’s culture,” said Parkway co-founder Chris Pope. “He will be a value-added member of the team involved in all aspects of sourcing, underwriting, and portfolio management.”
Pincus, based in Boston, has previously worked at Valuation Research Corp., TD Bank and Blue Hills Bank.
Calvert Street Investment Partners, which also has offices in Newton, Mass., operates two units — Parkway Capital, which provides flexible junior capital solutions to lower-middle market companies, and Crescentia Capital, which is in private equity.
Commercial Real Estate
MacKenzie Companies
Advertising / Media / Communications / Public Relations
Nevins & Associates
Financial Services / Investment Firms
Chesapeake Corporate Advisors
Commercial Real Estate
Monday Properties
Venture Capital
Blue Delta Capital Partners
Internet / Technology
Foxtrot Media
Parkway Capital makes mezzanine debt and minority equity investments of between $3 million and $12 million per transaction. Typically, it invests in companies with $10 million in annual revenue and $2 million of EBITDA. Since its inception, Parkway Capital has invested over $500 million. Its over 70 portfolio companies span manufacturing, distribution, consumer products, business and industrial services, and healthcare.
Andrew John, Drexel Knight and Christopher Pope serve as Parkway Capital’s partners. John is also a member of Calvert Street’s Executive Leadership Committee. Andrew Silverman, who previously served Capital Resource Partners, serves as Parkway Capital’s managing director.
Crescentia Capital partners with families and owner-operators to drive value creation in the lower middle market. It leverages a “three-pillared” investment approach that builds on the skills and experience of its investment and operating professionals.
