FTV Capital Promotes Kyle Griswold To Partner
Robert Anderson and Aly Lovett advance to principal; Richard Liu named vice president
San Francisco, CA and New York, NY – March 9, 2016 — FTV Capital, a sector-focused growth equity investment firm, today announced Kyle Griswold has been promoted to partner. The firm also announced the promotions of Robert Anderson and Aly Lovett to principal and Richard Liu to vice president.
Kyle Griswold joined FTV Capital in 2007 after working as an investment banking associate at Berkshire Capital Securities. Mr. Griswold, based in FTV’s New York office, has been actively involved in many successful FTV investments in the financial services and payments/transaction processing sectors. He is currently a board member at Apex Fund Services, a global fund administrator, Aspire Financial Services, a retirement plan solutions provider, True Potential, an investment and wealth management platform, and World First, a foreign exchange solutions platform. He is a board observer at Swan Global Investments, an asset management firm, and also actively involved with CardConnect, a payment processing services company. Mr. Griswold helped successfully exit Fleet One (acquired by Wright Express in 2012), IndexIQ (acquired by NYLife Investment Management in 2015) and VelocityShares (acquired by Janus Capital in 2014). Mr. Griswold received a BA in economics and mathematics from Trinity College and is a CFA® charterholder.
“Over the years, Kyle has consistently demonstrated outstanding leadership and investment judgment, and we’re very pleased to recognize his invaluable contributions to our firm, our limited partners and our portfolio companies,” said Richard Garman, FTV Capital managing partner. “He has a deep technical understanding of the financial services and payments industries, enabling him to successfully lead, manage and exit complex growth equity investments in these sectors that require substantial domain expertise to be successful.”
Prior to joining FTV in 2010, Robert Anderson was an investment banking associate at Bank of America Merrill Lynch. Located in FTV’s San Francisco office, Mr. Anderson focuses on investments in financial services and payments/transaction processing. He is currently a board member at Catalyst Repository Systems, an eDiscovery solutions firm, and StoneEagle Services, a B2B payments platform. Mr. Anderson is a board observer at Clearent, an end-to-end payment processing provider, and InvestCloud, a cloud-based technology provider for financial services firms. He is actively involved with Credorax, a global ecommerce payments platform, and WePay, payments solutions for marketplaces and online platforms. Mr. Anderson received an AB degree in economics and a certificate in finance from Princeton University.
Aly Lovett joined FTV in 2012 after working as an associate at TA Associates. Prior to TA, Ms. Lovett was an investment banking analyst at Centerview Partners. She started her career on a fixed income trading desk at UBS. Ms. Lovett is based in New York and focuses on enterprise technology and services investments. She is currently a board observer at Centro, a digital advertising and media management firm, and is actively involved with LiveIntent, an email advertising and marketing platform. She helped successfully exit MarketShare, a marketing analytics firm (acquired by Neustar in 2015) and Globant, an IT development and services provider, which went public in July 2014. Ms. Lovett received a BA in economics from Yale University.
Based in New York, Richard Liu joined FTV in 2014 from TCV where he was a senior associate. Prior to TCV, Mr. Liu was an investment banking analyst for Stifel and Thomas Weisel Partners. He is focused on enterprise technology and services investments, where he helps diligence and lead investment opportunities. Mr. Liu received a BS in finance from Boston College.
“Rob, Aly and Richard have distinguished themselves with outstanding professional achievements at FTV,” said Brad Bernstein, FTV Capital partner and head of the firm’s New York office. “They exemplify the characteristics that have been at the cornerstone of FTV’s continued success: integrity, work ethic, sound judgment, and a collaborative approach to growth equity investing.”
About FTV Capital
FTV Capital is a growth equity investment firm that has raised over $1.8 billion since inception to invest in high-growth companies offering a range of innovative solutions in three sectors: enterprise technology/services, financial services, and payments/transaction processing. FTV’s experienced team leverages its domain expertise and proven track record in each of these sectors to help motivated management teams accelerate growth. FTV also provides companies with access to its Global Partner Network, a group of the world’s leading enterprises and executives who have helped FTV portfolio companies for more than a decade. Founded in 1998, FTV Capital has invested in 90 portfolio companies and has offices in San Francisco and New York. For more information, visit ftvcapital.com.
TENOR PARTNERS FOR FTV CAPITAL
Patra Secures $146 Million Growth Equity Investment from FTV Capital to Accelerate Efficiencies Across Insurance Value Chain
Solid Raises $63 Million Series B Led By FTV Capital to Bring Modern Fintech Infrastructure to Every Company