Yellowstone Capital Matures With New Executive TeamMarch 30, 2014 | By: Sean Murray
In an email newsletter that went out this morning, NYC-based Yellowstone Capital announced changes and additions to their executive team.
- Managing Partner Isaac Stern who has long been the public face of the firm is now the Chief Executive Officer.
- Marwan Salem is now the Chief Financial Officer.
- Josh Karp has been named the Chief Operating Officer.
Stern’s partner David Glass will keep his stake in the firm and continue to play an operational role.
The newsletter states, “Gangbuster growth hardly describes what Yellowstone Capital has experienced in the last 12 months. Deal flow has simply been huge.”
Yellowstone Capital was dubbed by DailyFunder to be one of the three most talked about funding companies of 2013. In perhaps recognition of the adage, if it ain’t broke, don’t fix it, the newsletter states, “Yellowstone Capital will continue to pursue less-drastic changes in its capital structure that preserve the winning formula.”Last modified: March 30, 2014
Sean Murray is the founder of deBanked, a 10-year veteran of the merchant cash advance industry, a casual Lending Club and Prosper investor, the co-founder of Daily Funder, an alternative lending speaker, consultant, writer, and enthusiast. Connect with me on LinkedIn or follow me on twitter.