Level Equity

Barry Osherow is a Partner at Level Equity, where he leads the firm's structured capital business, offering debt and non-control senior equity financing to growth-oriented companies. He joined Level Equity in 2016 and previously worked at Enhanced Capital Partners as Managing Partner of its SBIC fund, Technology Investment Capital Corp where he ran its direct lending practice for technology businesses, Wit Capital, Spring Street Brewing Company, and Lehman Brothers. He holds a B.S. in International Business from Babson College.

Charles Chen is a Partner at Level Equity, focusing on software, internet, and data services companies across a range of industries. He has worked in technology investing and advisory since 2005, previously as an investor at TCV and earlier in the Technology Investment Banking Groups at Banc of America Securities and Morgan Stanley. He holds a B.S. in Business Administration from UC Berkeley's Haas School of Business and an MBA from the Wharton School at the University of Pennsylvania.

Chris Isaac is a Partner at Level Equity, where he has invested in growth-stage technology companies for over a decade, sourcing and executing new deals and supporting portfolio management teams in software, internet, and tech-enabled services. Before Level, he worked at Updata Partners, a technology-focused investment firm. He earned a B.S. in Finance from New York University's Stern School of Business.

Gautam Gupta is a Partner at Level Equity who works with software, internet, and data services companies across a range of industries. He has advised and invested in technology companies since 2006, and previously was a Vice President at Vista Equity Partners and a member of Merrill Lynch's Technology M&A team. He holds a B.S. in Mathematics from the University of Chicago and an MBA from the Wharton School at the University of Pennsylvania.

Nick Berardo is a Partner at Level Equity, where he works on growth-stage technology investments. He was previously an investor at Summit Partners focused on growth equity deals in software and healthcare, and earlier held roles in investment banking at Barclays and in business development at The RealReal. He holds an MBA from Stanford Graduate School of Business and a B.S. from Boston College.

Arthur Tingas is a Principal at Level Equity, where he supports existing portfolio companies, manages new investment processes, and evaluates new opportunities. He has a background in software investing across sectors including healthcare, fintech, higher education, and construction. He holds a B.A. in Economics and an M.S. in Commerce from the University of Virginia.

Luis Spradley is a Principal at Level Equity, where he focuses on high-growth software, internet, and technology-enabled services businesses. He previously worked as an investor in the Private Equity Group at Apollo Global Management and in the Investment Banking Division at Moelis & Company. He also served as an Infantry Officer in the U.S. Marine Corps and as a Graduate Fellow Economic Research Analyst at the CIA, and holds MPP and MBA degrees from Duke University and a BBA from Texas Tech University.

Ben Wellek is an Associate in Level Equity's New York office, where he joined in 2026, focusing on evaluating new opportunities, supporting due diligence, and assisting portfolio companies after investment. He previously worked as an investor at EVP, an Australian venture capital fund focused on AI-enabled B2B software, and in the Technology Investment Banking group at Macquarie Capital. He holds a Bachelor's of Business Administration in Finance with a minor in Entrepreneurship from the University of Michigan's Ross School of Business.

Carson Newman is a Senior Associate at Level Equity, which she joined in 2021, working out of the firm's New York office. Her role involves sourcing investment opportunities, developing relationships with founders, and performing due diligence. She holds a B.S. in Commerce from the University of Virginia's McIntire School of Commerce.

Hanna Yu is a Vice President at Level Equity's New York office, which she joined in 2018, where she builds relationships with entrepreneurs, works on new investment opportunities, and supports portfolio company initiatives. She previously worked as an Associate at AGC Partners, a technology-focused investment bank, advising on sell-side M&A and capital raising deals in software, cybersecurity, and digital media. She holds a B.A. in Economics from Yale University.

Jake Rudolph is a Vice President in Level Equity's New York office, joining the firm in 2019, where he works on building entrepreneur relationships, executing new investments, and supporting portfolio company initiatives. Before Level, he was an investment banking analyst at DC Advisory, advising software and technology companies on various transactions. He holds a B.B.A. in Finance and Accounting from the University of Michigan's Stephen M. Ross School of Business.

James Fearis is a Vice President in Level Equity's New York office, where he builds relationships with founders of growth-stage software and tech-enabled services companies and works on new investments in those areas. Before Level, he spent six years at K1, a Los Angeles private equity firm focused on mid-market enterprise software. He earned an MBA from Columbia Business School and a Bachelor of Commerce & Economics from the University of Western Australia.

Joel Breuer is an Associate at Level Equity's New York office, joining the firm in 2025, where he focuses on sourcing and evaluating investment opportunities, supporting diligence, and assisting portfolio companies. Originally from Australia, he previously worked as an investment banking analyst at Barrenjoey (Barclays Australia) and as a venture analyst at OneVentures. He holds an Honors degree in Biomedical Engineering and a Bachelor of Finance from the University of Sydney, where he was a Sydney Scholar.

Josh Labonte is a Senior Associate at Level Equity, which he joined in 2021 after taking part in the firm's 2020 summer internship. His role involves sourcing and evaluating new investment opportunities. He holds a BA in Economics from Hamilton College, where he played varsity hockey.

Justin Li is an Analyst at Level Equity, based in the firm's New York office, which he joined in 2025. His work involves sourcing investment opportunities, supporting due diligence on new deals, and assisting with portfolio company initiatives. He holds a bachelor's degree in Statistics and Data Science from Yale University.

Louis Frowein is a Summer Analyst on the Investment Team at Level Equity's New York office, where he assists with identifying investment opportunities, building relationships with entrepreneurs, and supporting due diligence. He is a rising senior at NYU Stern studying business and is a member of the varsity tennis team. He is originally from Germany.

Max Gotlieb is an Associate at Level Equity's New York office, which he joined in 2022. His work includes developing relationships with entrepreneurs, supporting due diligence for new investments, and assisting with portfolio company initiatives. He holds a BA in Economics from the University of Virginia.

Michael Barrett is a Senior Associate at Level Equity, working with founders and management teams across the full lifecycle of an investment. He previously worked in the Software & Services Investment Banking group at Macquarie Capital and in the M&A group at SMBC Nikko in New York. He holds a B.S. in Finance from Penn State.

Michael Marcus is a Senior Associate at Level Equity's New York office, which he joined in 2026, where his work includes developing relationships with founders, performing due diligence, and supporting portfolio company efforts. He previously worked as a tech investor at Sageview Capital and started his career as an investment banker at Bank of America. He holds a B.S. in Economics from the University of Pennsylvania's Wharton School.

Nehal Nagalla is an Associate at Level Equity's New York office, where he joined in 2024. His work involves identifying investment opportunities, building relationships with entrepreneurs, and supporting diligence for new investments. He graduated magna cum laude from New York University's Stern School of Business in December 2023 with a B.S. in Finance and Management.

Nihar Patel is a Vice President for Level Equity's structured capital business in NYC, which he joined in 2022, focusing on debt and non-control equity solutions for growth-oriented software and tech businesses. He was previously an associate at Ironwood Capital and an investment banking analyst in PNC's debt capital markets group. He holds dual B.S. degrees in Finance, BIS, and Mathematics-Economics from the University of Pittsburgh.

Recognized among GrowthCap's Top Women Leaders in Growth Investing of 2026.

Shivam Patel is an Associate on Level Equity's structured capital team, which he joined in 2025, where he evaluates subordinated debt and non-control equity solutions for growth-oriented software and technology businesses. He previously worked as an Analyst at Evercore, advising on primary capital fundraises for institutional sponsors across technology, services, healthcare, and consumer sectors. He holds a bachelor's degree in Finance and Econometrics from New York University's Stern School of Business, with minors in Computer Science and Mathematics.

Sresth Gupta is a Summer Analyst on the Investment Team at Level Equity's New York office, where he helps source investment opportunities, build relationships with founders, and support due diligence. He is a rising senior at Georgetown University's McDonough School of Business, pursuing a B.S. in Business and Global Affairs with a minor in Computer Science, and studied abroad in Singapore. He helped organize Venture in the Capital, a student-run venture conference in Washington, D.C.

Stanley Deng is an Associate on Level Equity's structured capital team, which he joined in 2026, where he evaluates subordinated debt and non-control equity opportunities for growth-oriented software and technology companies. He previously worked as an investment banking analyst at JEGI LEONIS and as an analyst at Lincoln International. He holds a BBA in Accounting and an MS in Information Systems from Baruch College.

Tim Stavros is a Vice President at Level Equity, where he helps lead the firm's deal sourcing and origination efforts. He has more than ten years of experience developing sourcing operations at technology-focused private equity and growth equity firms, including Serent Capital and Blue Star Innovation Partners. He holds a B.S. in Business Administration from the University of Southern California.

Tom Karim is an Associate at Level Equity's New York office, which he joined in 2023. His work involves building relationships with entrepreneurs, supporting due diligence for new investments, and assisting with portfolio company initiatives. He holds a B.A. from Tufts University, where he graduated summa cum laude.

Zachary Lachman is a Summer Analyst on the Investment Team at Level Equity's New York office, where he helps source investment opportunities, develop entrepreneur relationships, and support due diligence. He is a rising senior at the University of Pennsylvania's Wharton School, pursuing a B.S. in Economics with concentrations in Accounting and Entrepreneurship.