Brian O'Connor - Managing Partner
Prior to founding FCP, Brian was a vice president with Equity International, a middle market growth private equity fund. Brian was responsible for sourcing, evaluating, underwriting and closing new investment opportunities, as well as working closely with portfolio companies post-acquisition on operations and business strategy. Brian has extensive experience evaluating businesses in the middle market across strategy, competitive landscape and profitability metrics. Previously, Brian worked in corporate finance, strategy, investment and operations capacities for two real estate investment trusts, Equity Residential and Equity Office Properties.
Brian holds an MBA from the University of Chicago Booth School of Business with concentrations in entrepreneurship, finance, accounting and international business. He is also a graduate of Miami University (Ohio) with a double major in finance and management information systems.
Michael Grabenstein - Managing Partner
Prior to founding FCP, Michael graduated from the University of Chicago Booth School of Business in June 2010. Before business school, Michael worked in operations at Equity Residential, a multi-family real estate investment trust, where he focused on expense optimization and revenue enhancement strategies, along with financial planning and budgeting. Previously, Michael worked in buy- and sell-side equity research for Driehaus Capital Management and Robert W. Baird, respectively, where he specialized in analyzing micro-cap public companies.
Michael also has significant experience in entrepreneurship. At New Capital Partners, a lower middle-market private equity firm, he helped lead the formation of a healthcare staffing start-up, structuring the investment and creating an initial operational framework. Similarly, he has started and grown businesses in several industries, including student housing, food service and landscaping.
Michael holds an MBA from the University of Chicago Booth School of Business with concentrations in strategic management, entrepreneurship and finance. He is also a graduate of the University of Notre Dame with a double major in finance and economics.
Select Limited Partners
David Dodson is founder and President of Project Healthy Children, a non-governmental organization that works with governments and private industry to establish food fortification and supplementation programs to improve the health of women and children around the world. Project Healthy Children currently works in Honduras, Malawi, Rwanda, and Liberia. Prior to starting Project Healthy Children, Mr. Dodson was the CEO or Chairman of six for-profit companies. As well, Mr. Dodson has served on the boards of 16 companies in which he was also a private investor. He is currently on the New England board for the U.S. Fund for UNICEF and a member of the faculty of the Stanford Graduate School of Business. Mr. Dodson holds a B.A. from Stanford University (Economics), and an M.B.A. from the Stanford University Graduate School of Business.
Richard Kincaid was the president and chief executive officer of Equity Office Properties Trust, until its acquisition by the Blackstone Group in February of 2007. He is currently the President and Founder of the BeCause Foundation. The BeCause Foundation is a nonprofit corporation that heightens awareness about a number of complex social problems and promotes change through the power of film. Mr. Kincaid is also an active private investor in early stage companies.
Mr. Kincaid is on the board of directors of Rayonier Inc. (NYSE: RYN), an international REIT that specializes in timber and specialty fibers. He also serves on the board of directors of Vail Resorts (NYSE: MTN), a mountain resort operator, and Strategic Hotels and Resorts (NYSE: BEE), an owner of upscale and luxury hotels in North America and Europe. Mr. Kincaid received his master’s degree in business administration from the University of Texas, and his bachelor’s degree from Wichita State University.
Michael Miles is currently the Chairman and Co-Founder of SeatonCorp, a leading provider of recruiting, vendor-on-premise staffing and end-to-end supplier management solutions. An entrepreneur at heart, Mr. Miles founded SeatonCorp in 1988, shortly after college graduation. Under his leadership, Michael has grown SeatonCorp from a staff of two to one of Crain’s “Largest Privately Held Companies” in Chicago, with more than 1,100 employees. SeatonCorp has achieved consistent, organic growth resulting in a 25%+ compounded annual growth rate over a 20+-year period, earning more than $350 million in revenue during 2010. Michael is a director at Alexian Brothers Health Network, Executive Chairman at Addison Search, and serves on the board at New Media Learning.
Ohana Capital - Tim Ludwig
Tim Ludwig is Managing Partner at Ohana Capital, a private equity firm that invests in search funds and profitable lower middle-market companies. Prior to founding Ohana Capital, Mr. Ludwig was President of a privately-held, commercial real estate company where he oversaw projects totaling over $150 million in value and led teams in asset management, acquisitions, and dispositions. Mr. Ludwig also served in a junior executive role at a middle-market manufacturing business, worked in business development at a venture-backed start-up, and began his career as a consultant with Arthur Andersen Business Consulting. He holds a BA from The College of Wooster (Phi Beta Kappa, honors) and an MBA from the Ross School at the University of Michigan, where he was a student member of the Wolverine Venture Fund.
Kent is currently Chairman and CEO of Progressive Home Care, a Northern California-based home health care agency purchased using the search fund model. Previously, Kent held executive positions in marketing and product management for KnowledgeLINK, a venture-backed internet marketing services startup. Prior to this, he served as a regional CFO and business analyst in Pepsico's Pizza Hut Division. Kent began his career with Ernst & Young, where he led engagement teams in the areas of strategic formation, valuation, restructuring, and corporate finance. Mr. Weaver received his MBA from the University of California, Los Angeles and a BS in finance from the University of Southern California.