Investment TEAM

E | ndey@saltspringcapital.com P | 773.336.2290

E | ndey@saltspringcapital.com

P | 773.336.2290

 
Jesse Calderon.jpeg

Nathan Dey, Managing Partner

Nathan is the founder and managing partner of Saltspring Capital. He leads the sourcing and evaluation efforts of all investment opportunities. 

In over twelve years of corporate finance advisory and investing activities, Nathan has built a broad skill-set that makes him an effective search fund entrepreneur. He began his professional career working as an investment-banking analyst with Banc of America Securities (now Bank of America Merrill Lynch) working out of its New York and London offices. In that capacity he helped to advise leading global consumer and retail companies on mergers, acquisitions and other capital raising endeavors. In an effort to bring Wall Street caliber financial advice to the lower middle-market, Nathan joined Republic Partners, a boutique corporate finance firm in Chicago that focuses on long-term value creation for its clients through M&A and other strategic planning initiatives. He has also spent time in leadership roles at startup organizations and with High Street Capital, a Chicago-based private equity firm. 

Nathan received his MBA from The University of Chicago Booth School of Business and an undergraduate degree in Finance from Michigan State University's Eli Broad College of Business and the Honors College.  

Nathan and his wife Lina live in Hinsdale, Illinois with their son Benjamin and dog Kenna. They love to travel and spend time with friends and family.

Jesse Calderon, Associate

Jesse is an Associate Intern of Saltspring Capital. He is responsible for sourcing and evaluating efforts of investment opportunities. He began his professional career working as a consultant with Baker Engineering & Risk Consultants (BakerRisk) out of its Houston and Chicago offices. In that capacity he helped to reduce operational risk and increase plant operating efficiency at Fortune 500 client facilities across the oil/gas and petrochemical industries. He also joined a retail startup organization, where he focused on its marketing effort and financial projections. In addition, Jesse spent time with Moelis & Company, a leading global investment bank, where
he helped to advise leading global companies on mergers and acquisitions. Jesse is a 2nd year MBA Candidate at The University of Chicago Booth School of Business and holds an undergraduate degree in Chemical Engineering from The University of Iowa College of Engineering.


Limited Partners

 

The Operand Group

Michael Miles

Mr. Miles has 25 years of experience building, growing and operating recruiting businesses. In 1988, Michael co-founded SeatonCorp, a leading provider of recruiting, vendor-on-premise staffing and end-to-end supplier management solutions for strategic users of contingent labor. Michael currently serves as Chairman of the business, and under his leadership, SeatonCorp has grown from a staff of two to one of Crain’s “Largest Privately Held Companies” in Chicago, with more than 1,600 employees. SeatonCorp has achieved consistent, organic growth resulting in a 20%+ compounded annual growth rate over a 25-year period, earning more than $475 million in revenue during 2012. In 2010, Michael joined the private equity firm, Lake Capital, as an Operating Executive and currently oversees the firm’s investment in Addison Group. Michael is also a board member for Workplace Answers, InnFlux and CareerPlace. In 2012, Michael founded the Business StartUp Incubator educational program at Barrington High School. He is a member of the Economic Club of Chicago and earned a Bachelor of Science in Finance from Arizona State University.

Carlos Saez

Carlos is Co-Founder and Managing Director of The Operand Group. Prior to his current role, Carlos had 16 years of proprietary investment and operations experience in the equity derivatives industry. Carlos was Chief Investment Officer for Spot Trading in Chicago from 2009-2015, managing all Trading, Equity Research, Financial Engineering and front-office software development activities. Carlos led and motivated an organization of 60 professionals in the process. Prior to this experience, Carlos executed various trading roles successfully, and in so doing gained valuable process, technology, and management skills that he is eager to share with young entrepreneurs. When not investing in searchers, Carlos is actively involved in the not-for-profit world, as a Director for the Barrington Area Community Foundation and a Founding Board Member of INCubatorEdu. Carlos received his undergraduate degree in Civil Engineering from The Georgia Institute of Technology and his MBA from the University of Chicago Booth.

 

Endurance search partners

Rich Augustyn

Richard Augustyn is founder and CEO of NIP Group, Inc., one of the nation’s largest specialty business insurance services firms, and Extensis Group, LLC one of the nation’s largest HR outsourcing providers. He is also passionate about partnering with promising entrepreneurs to help them buy and build great companies and has provided strategic advice and capital to over 100 entrepreneurs. He currently serves on the board of six U.S. and Canadian companies.  His early business success landed him a spot among the Forty Under 40, a program that honors young men and women who have made outstanding contributions to their fields.

Larry Dunn

Larry is the Chief Financial Officer of NIP Group, Inc., one of the nation’s largest specialty business insurance services firms. Mr. Dunn’s business career spans over 30 years in the insurance and financial services industries. Prior to joining NIP Group he was Managing Director and Chief Operational Risk Officer for a major subsidiary of Ally Financial (fka GMAC Financial Services), a global financial services company, a senior financial executive at American International Group, Inc. and Controller of C.V. Starr & Co., Inc., one of the world’s largest Managing General Agents (MGAs). He began his career in public accounting as a member of the insurance practice first at KPMG and later at Deloitte. Mr. Dunn graduated from Pace University with a BBA in Accounting with highest honors and is a Certified Public Accountant.

 

Futaleufu Partners

David Dodson

David has been active for twenty-five years in the formation of new businesses through entrepreneurial acquisition. After graduating from the GSB, under the direction of Professor Irv Grousbeck, he wrote the original course material for search funds—then in its infancy. After one year as a case writer, David Dodson raised his own search fund, which led to the purchase of Smith Alarm Systems in 1989. He subsequently raised two more search funds to purchase an auto parts retailer and an environmental services firm. During this time, Mr. Dodson became an active investor in, and board member of, other search funds, having invested in over forty. Mr. Dodson has been a director and investor in over thirty middle market companies.

In addition to investing, David currently divides his time between Stanford University and Project Healthy Children (a nonprofit enterprise with operations in Rwanda, Burundi, Nepal, Liberia, Sierra Leone, Zimbabwe and Malawi), and a "double bottom line" enterprise called Sanku, LLC, with operations in east Africa.

Susan Pohlmeyer

Susan Pohlmeyer is a principal at Futaleufu Partners, an investment fund formed by David Dodson to invest in search funds and search fund-acquired businesses. She works closely with search fund entrepreneurs during the diligence and acquisition phases of the search, and currently serves as a board observer for Datum Technologies. Prior to joining Futaleufu, she was a member of the investment team at Stanford Management Company, where she covered portfolio strategy as well as private equity investments. She started her career at JP Morgan in equity derivatives. Susan holds an MBA from the Stanford Graduate School of Business and a BA from Dartmouth College.

 

Kinderhook Partners

Tushar Shah

Mr. Shah co-founded and is a Managing Partner of Kinderhook Partners, an investment partnership focused on making long-term investments in public and private companies started in 2003. Prior to Kinderhook, Tushar was a Principal at Geocapital Partners, a venture capital firm, and prior to that, a strategy consultant with the Monitor Group. Tushar has been a director of a number of public and private companies. Tushar is a CFA charterholder and received a B.A. in Economics from Williams College.

 

Lava root Ventures

Isaac Levy

Mr. Levy founded Lava Root Ventures, LLC after several years of work on Wall Street. His experience includes valuations of companies from different industries, manufacturing cost reduction and Leveraged Buyouts. Prior to his extensive Wall Street experience, Mr. Levy owned a successful carpet distribution company and it was through this business that he gained his solid commerce skills. He holds an MBA in Finance and Entrepreneurship from USC and a BA in Economics with distinction from UCLA.

 

Individual Investors

Matt Burr

Mr. Burr is a general partner at Matland Capital, where he is responsible for a hedge fund portfolio and is also active in making private investments. He previously worked at Cambridge Associates, where he was a hedge fund analyst and also assisted universities, foundations, and high net worth families with asset allocation, investment manager selection, and market research. Matthew Burr received his BA, cum laude, from Harvard University. He is a board member of HousingWire and a board observer of In Charge Electrical Services

 

Brad Brown

Brad Brown is the managing director of Bradford Brown Capital Partners, a private investment partnership that focuses on search funds and profitable small-cap companies. He has over a dozen years experience in small cap growth investing and has acquired over 30 operating companies across many different industries.  He focuses his board work on tech-enabled companies, and is on the board of  Blue Sky Network, ISI Telemanagement, Attainia, and D2C Brands.  Brad brings a unique mix of advisory expertise with growth capital. He works closely with op-co CEOs as an Active Board Member. And he maintains close relationships with the firm’s funded searchers. He is a Senior Partner at McKinsey & Company, the world’s leading consultancy.  He is a senior member of the Digital Technology practice and the global leader of the Big Data practice. He works with clients to implement strategies around digital, automation, analytics, cloud, and agile.  He has been central to the build-out of the McKinsey Analytics Nerve platform, Data Cloud, and analytics tools.  He also works in Fintech and InsurTech. For seven years, he led the Global Insurance Technology practice, and is well know in the industry. Prior to joining McKinsey, Brad was a partner in the Stenbeck Group of companies, where he was a member of the board of several companies and a working member of the top 30 executives worldwide. Prior to that, he was the Managing Director of Arthur D. Little’s North American information technology practice, with management and P&L responsibility for the United States. He has been on the board of the Executive Council of New York and has worked with MassMoCA, leading several pro-bono engagements to help the museum. He is also a member of the Board of Trustees at Connecticut College, since 2012.

Brad is a graduate of Dartmouth College, receiving his bachelor of arts degree, cum laude, in 1982. He received an M.S.E.E. in Computer Sciences from the University of Pennsylvania in 1984, and an M.B.A., with distinction, from the Wharton School in 1986.

 

Mark Egan

Mr. Egan is a founder and Managing Partner at Marion Equity Partners, a Boston based investment firm. Prior to Marion, Mark focused on growth equity investments in the technology, healthcare, media, and business services industries at Polaris Venture Partners. Before Polaris, Mark began his career at Alta Communications where he executed investments in the media and telecommunications sectors. Mark also has previous experience with Comcast Corporation in business development. Mark received a degree in Finance from Fairfield University and an MBA from The Wharton School at the University of Pennsylvania.

 

Ted McCarthy

Mr. McCarthy has been an owner/operator of private companies since 1982. He is currently the owner, Chairman and CEO of Sensorex, a Southern California manufacturer of sensors used to measure water quality. Sensorex is a global provider of sensors to instrument manufacturers, distributors, catalogs and end users. Prior to purchasing a company, Ted worked for Citibank’s consumer business in New York, Sydney, Australia and Los Angeles. He has served on the boards of several private companies and charitable organizations. Mr. McCarthy received his MBA from the University of Pennsylvania’s Wharton School his BSME from Villanova University. 

 

Peter Schober

Mr. Schober has been in venture capital since the mid-1980s. He founded Milk Street Ventures, which specializes in secondary transactions involving the acquisition of stakes in venture-backed technology companies near liquidity events. Earlier in his career, Mr. Schober started and ran the international investment activity of M/C Partners with an office in London, during which time he helped develop the business plan and recruited senior management teams for several sizable telecommunications start-ups with recurring revenue models. He also co-founded MVP Ventures, where he invested in a wide range of sectors, including information technology, communications, hospitality, and industrial. Throughout his career, Peter Schober has enjoyed working closely with entrepreneurs as they grow their businesses, frequently serving on their board of directors. Backing highly talented and ambitious search fund entrepreneurs is a natural extension of his interests and an important component of his personal investment activity. Mr. Schober grew up in Europe and earned a bachelor’s degree in international economics from Georgetown University’s School of Foreign Service and an MBA from the Wharton School of Finance at University of Pennsylvania, where he also was a Fellow at the Joseph H. Lauder Institute. He earned his B.A. degree from the Georgetown University School of Foreign Service and received an MBA from the Wharton School of Finance as well as an MA from the Lauder Institute at the University of Pennsylvania in 1986.

 

Dustin Sellers

Mr. Sellers is the Co-Founder & Managing Partner at Koa Capital Partners.  Prior to that he served as Co-President of ProService Hawaii and Managing Partner at Headland Partners. He has small business operating experience and a history of achievement in entrepreneurship and general management. Mr. Sellers spent most of his professional life in an entrepreneurial environment developing strong sales and marketing skills. He began his career in regional advertising firm, where he served as Director of Sales and was instrumental in the business' Asia expansion and eventual sale to the fifth largest global ad agency. In the beginning of his career he spent four years in management consulting working with fortune 500 growth companies. He joined Keen, as its first employee and helped grow the business into a profitable $60 million e-commerce company as its sole General Manager. Mr. Sellers received an MBA from Kellogg, majoring in Marketing and Corporate Strategy.

 

Mike Smerklo

Mr. Smerklo has been active in the technology industry for 20 years. Prior to Next Coast, Mike was Chairman and CEO of ServiceSource (SREV). Previously, he worked as an early employee at Loudcloud (Opsware) and worked at (but hated) jobs in investment banking and public accounting. Mike was named an Ernst & Young Entrepreneur of the Year Award Finalist in Northern California in 2010. Mike is active in YPO and various community endeavors. Mike received his MBA from the Kellogg School of Business at Northwestern University and a BS in Business at Miami University. 

 

Kent Weaver

Mr. Weaver is currently Chairman and former CEO of Progressive Home Care, a Northern California-based health care company. Previously, Mr. Weaver held executive positions in marketing and product management for a VC-backed marketing software startup, served as regional CFO and business analyst in Pepsico's Pizza Hut Division, and as a management consultant at Ernst & Young. He received his BS in finance from the University of Southern California and MBA from the University of California, Los Angeles. He currently serves on the board of Change Academy Lake of the Ozarks, Desco, Tbase, and mTab.

 

Pete Wilson

Mr. Wilson is a TIGER 21 Chair in the San Francisco Bay Area as well as an investor and advisor. Mr. Wilson has led teams in capital markets and institutional investment management for more than 25 years; working with BARRA, Montgomery Asset Management, BGI and BlackRock. Mr. Wilson’s team at BGI was a pioneer in fixed income hedge fund and ETF management. After BGI, Mr. Wilson led BlackRock’s 55 person Global Strategy team and later helped start the platform technology firm, Incapture. Today, Mr. Wilson focuses on investing in and advising small businesses in the Bay Area. He earned his undergraduate degree in Economics from Columbia University and his MBA from Haas at UC Berkeley.