NEW YORK - September 1, 2020 - (Newswire.com)
ACG New York, the largest association of Middle Market deal making professionals in New York, announced today the election of David Acharya as Chairperson, Marcia Nelson as President and Angela Raitzin as Executive Vice President, effective September 1, 2020.
"It has been a privilege to serve as President of ACG New York for the past two years and I look forward to serving in my new role as Chairperson. Marcia Nelson and Angela Raitzin have the strategic vision and clear mandate of the ACG New York board to continue to drive our chapter forward," said David Acharya, Partner at AGI Partners, a Private Equity firm. "ACG New York is driving meaningful engagement to address the needs of our deal making, transaction advisory and value creation members. The Middle Market is still as competitive as ever and we are focused on delivering quality content and a deal making platform that is relevant and focused on high quality business interactions, in any environment."
Marcia Nelson, Managing Director at ShareNett, a unique, full-service, investment-oriented solution for global multi-generational family offices seeking high quality, curated investment and liquidity alternatives, was elected President of ACG New York. Marcia has served on the ACG New York Board for many years in a variety of leadership roles, most recently as the Association’s Executive Vice President.
"I am honored to assume my new role as President of ACG New York and to lead its 1,000 plus members of the Middle Market M&A community," Nelson said. "Under the chairmanship of David Acharya and our Executive Director, Vikash Magdani our organization is squarely on the path to remain at the forefront of the growth of the Middle Market. As the largest of ACG’s 59 global chapters, I look forward to capitalizing on our momentum to make ACG New York the ultimate vehicle for M&A professionals to build lasting relationships that drive Middle and Lower Middle Market market business forward. We will also continue to invest in our robust Women of Leadership, Young professional/Forward, LP & Family Office communities and ensure that dealmaking and diversity are always part of the formula."
ACG New York also elected Angela Raitzin, a Managing Director at First Republic as Executive Vice President. Raitzin was previously Chair of the board Nominations Committee and recently served as ACG New York's chair of Programming and had served on the Family Office Committee.
"ACG New York has truly become the authority on growth in the middle market and deal activity and I am honored to join the organization's executive committee," said Raitzin. "I have served on the board with both David Acharya and Marcia Nelson and have worked closely with both on a number of programs and initiatives. As Executive Vice President, I look forward to building upon ACG New York's achievements as we chart our exciting future."
The board also appointed Abilash Jaikumar, Managing Director & Founder at TresVista as Treasurer; Re-appointed Palash Pandya, Partner at Akerman, as Secretary; Robert Landis, Partner at Riverside, as VP Sponsorship; Jen White, SVP at Performance Improvement Partners, LLC as VP Programing and Frank Marcucci, National Director at Corporate Valuation Advisors, Inc. as VP, Memberships.
The board elected the following new board members to serve a three-year term: Bryan L Cummings, Managing Director at D.A Davidson and Elise Chowdhry, Founder & Managing Principle at Optimum Advisors LLC.
ACG New York members interested in Board service were invited to apply for consideration in early 2020. ACG New York members will again have the opportunity to apply for Board service and office bearer positions in early 2021. The ACG New York Board of Directors serves without compensation and is responsible for the overall governance and oversight of ACG New York.
About ACG New York
ACG® New York, Inc., the founding chapter of The Association for Corporate Growth, the largest association of middle market deal making and corporate professionals in New York, with more than 1,000 members across all industry sectors. ACG New York facilitates long-term relationship building, driving middle-market growth. ACG's members are focused on investing private capital, which benefits the LPs including pension funds held by municipal workers, fireman, policeman, health workers and others that provide years of service for the public good of New York.
For additional information on ACG New York contact: Vikash Magdani, Executive Director, ACG New York. 347-633-7735, vmagdani@acgnyc.org
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Original Source: Largest New York Area M&A Association Elects New Chapter Executives and Board Members
