Altus Capital has created new Connecticut finance jobs.
The private equity investment firm focused on niche middle market manufacturing companies has appointed Dale Cheney as a Principal in the firm.
The firm said Cheney will be focused on sourcing and closing new investments and working with Altus’ three partners in managing its existing portfolio.
The company has made a geographical move as well. Altus has relocated its Connecticut office to Wilton Woods Corporate Campus in Wilton, CT.
According to his bio, Cheney joins Altus from Citicorp Venture Capital (“CVC”) and its successor fund, where he was a Principal. Prior to CVC, Mr. Cheney was an Investment Banking Associate in leveraged finance at Goldman, Sachs & Co. and, earlier, a Transaction Services Senior Associate in the Private Equity Group at PricewaterhouseCoopers.
“Our new offices in Connecticut will accommodate the need for additional space, now and in the foreseeable future. As we move ahead to invest our new fund and continue to target investment opportunities in the middle market manufacturing space, we will continue to support our portfolio companies and create shareholder value by selectively hiring highly qualified investment professionals.”
“We are pleased to have an experienced professional like Dale join our Altus team to contribute to our success as a leading investor in the middle market manufacturing space,” said Elizabeth Burgess, Senior Partner of Altus. “Dale will play a key role in cultivating and driving new deal transactions while providing strong support to our portfolio.”