Industry Updates

Charlesbank promotes Sullivan to COO

Thursday, January 18, 2018

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Opalesque Industry Update - Charlesbank Capital Partners announces the promotion of Stephanie Paré Sullivan to Chief Operating Officer, effective January 2018. She will also retain her title as General Counsel. Stephanie joined Charlesbank from THL Credit, an affiliate of private equity firm Thomas H. Lee Partners, in January 2016. She succeeds Charlesbank founding partner and Managing Director Tim Palmer in the COO role.

Earlier in her career, Stephanie was a Partner in the private equity practice at Goodwin Procter, where she represented Charlesbank on several of its fund investments. She earned a BA from Williams College and a JD from New York University School of Law. She is a member of the bars in Massachusetts and New York.

Tim Palmer, who is transitioning to a Senior Advisor role, said, "In her two years with us, Stephanie has demonstrated exemplary leadership over critical legal, compliance and administrative functions of the firm, rising to the increased demands of our growth and proving instrumental in the formation of our two most recent funds." The firm closed both Charlesbank Equity Fund IX and its inaugural Charlesbank Credit Opportunities Fund in 2017.

He added, "We are delighted to promote Stephanie to an even broader role as COO, where her talents will have a greater impact on how we run the firm. Our operations group has long provided Charlesbank's investment activities with best-in-class support, and Stephanie is ideally suited to lead this group and ensure its continued success."

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