CenterOak Partners has named a pair of new managing partners amid a string of promotions.
Lucas Cutler and Jason Sutherland have joined CenterOak’s CEO and founder Randall Fojtasek as managing partners, while Eric Holter, Blake Richardson and Carrie Hamilton have all been promoted to principal and Mark Izlar elevated to senior associate.
Fojtasek said, “CenterOak has a large team of talented and dedicated professionals who work tirelessly and productively for our investors and portfolio companies. I
“In particular, Lucas Cutler and Jason Sutherland have worked alongside me for almost 20 years.
“During that time, they have exhibited exceptional investment acumen and remarkable deal-making skills and have contributed substantially to the firm’s strong performance and growth.
“Lucas and Jason have been great partners, and I could not be happier that we will continue to work together as co-managing partners of CenterOak.”
CenterOak was founded five years ago by former senior executives from Brazos Private Equity Partners.
It specialises in investments in the industrial growth, consumer and business services sectors.
The firm smashed its target for its debut fundraise in 2016 by holding a $420m hard cap close for the vehicle.
It was initially targeting $350m for CenterOak Equity Fund I.
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