Jessica Kim, Ben Consoli, and Chenjing Wang will further
HCAP's efforts to uplift underserved businesses while generating
attractive returns
SAN
DIEGO, May 8, 2024 /PRNewswire/ -- HCAP Partners,
a California-based private equity
firm and nationally recognized impact investor, is pleased to
announce the promotion of Jessica
Kim and Ben Consoli to Vice
President and the addition of Senior Associate Chenjing Wang to its
investment team.
The promotions of Jessica and Ben and hiring of Chenjing signify
the continuation of the firm's growth. As HCAP expands its impact
in 2024 and beyond, their collective passion and expertise will be
invaluable to the firm's success.
"We're thrilled to have Jessica, Ben, and Chenjing at HCAP,"
said Tim Bubnack, Managing Partner
at HCAP. "We know that people are a company's greatest asset, which
is why we prioritize job quality improvements at our portfolio
companies. We are equally committed to nurturing internal talent at
HCAP and supporting Jessica, Ben, and Chenjing in their
careers."
Since its founding, HCAP has managed more than $670 million and invested into more than 65
companies, providing mezzanine debt and equity for underserved,
lower middle market companies throughout the United States. In their roles, Jessica,
Ben, and Chenjing participate in the origination and analysis of
new investment opportunities and are responsible for structuring,
closing, and monitoring debt and equity investments.
Learn more about their backgrounds and areas of expertise
below:
- Jessica Kim: Jessica
originally joined HCAP as an Impact Capital Managers Mosaic Fellow.
After completing the fellowship and her graduate studies, Jessica
joined HCAP's investment team as a Senior Associate and was
promoted to Vice President. Jessica currently serves as a board
observer for Apprio, Arosa, and ELB Learning. Prior to joining
HCAP, Jessica was with Morgan Stanley as a Vice President
overseeing credit analytics and regulatory capital methodologies
for the Wealth Management lending portfolio. Before that, Jessica
was a Banker at Emigrant Bank Fine Art Finance underwriting loans
secured by art, wine, and other collectible assets. Prior to that,
she was a Senior Vice President at Citigroup where she had various
roles in risk management. Jessica holds a B.A. in Mathematics from
Columbia University and an M.B.A. from
the New York University Leonard N.
Stern School of Business.
- Ben Consoli: Prior to joining HCAP Ben spent five
years with CVF Capital Partners, a middle market private equity
fund focused on making control and non-control investments, where
he gained deep knowledge of the business services, technology,
manufacturing, and healthcare sectors. Ben currently serves as a
board observer for PAX Health and is a member of Latinos in
Finance, an organization dedicated to promoting the advancement of
Latinos in the finance industry. A CFA charterholder, Ben graduated
with honors from California Polytechnic State University,
San Luis Obispo where he majored
in finance.
- Chenjing Wang: Chenjing joins HCAP with a background in
credit and underwriting. Before joining HCAP, Chenjing was on the
credit team at Morgan Stanley covering corporate and real estate
lending transactions and fund-level equity investments. Chenjing
began her career at a regional impact fund where she supported deal
execution and due diligence before moving to Santander Bank, where she led a team and worked
on origination and portfolio management for several debt and equity
deals. She is a loan committee member of Greater Newark Enterprises
Corporation and a board member of Columbia Venture Community.
Chenjing is currently completing an M.B.A. at Columbia Business
School where she is on the Dean's Honor List and is a Private
Equity Program Fellow. Chenjing holds a Master of Arts (M.A.) from
University of Southern California and a
B.A. with high honors from China
University of Political Science and Law.
About HCAP Partners
HCAP Partners is a diversely owned
private equity firm specializing in providing mezzanine debt and
private equity for underserved, lower-middle market companies
throughout the continental United
States with an emphasis on the West. The firm seeks to
invest $3 million to $25 million in established businesses generating
between $10 million and $100 million in revenues in the healthcare,
software, services, and manufacturing industries. HCAP Partners has
invested in over 65 companies since its founding and through
ongoing, active engagement with portfolio companies provides
value-added resources to help optimize performance and increase
enterprise value. The firm has been an ImpactAssets 50 fund
since 2014 and, through its Gainful Jobs Approach™, works to
facilitate a positive impact on underserved businesses, their
employees, and their communities through active portfolio
engagement. For more information, please visit
http://www.hcap.com/.
Contact:
Ro Thompson
2128400017
377350@email4pr.com
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SOURCE HCAP Partners