UNknows the team · via University of Wisconsin-Madison
PEknows the team · via Penn State University
UN×2knows the team · via University of Michigan
✨ Fox Verdict
How well does Lovell Minnick fit your startup? Fox weighs their thesis, check size, portfolio pattern and your traction to tell you exactly how to position the conversation.
Lovell Minnick targets high-growth opportunities in financial services, business services, and related technology. The firm looks for businesses operating in large, high-growth, highly fragmented, founder-heavy markets that provide mission-critical B2B services and technology. It favors companies with proven operating models, strong market positioning, $5M-$30M of EBITDA, strong organic revenue growth, and recurring or highly predictable revenue. Example focus subsectors include legal tech and services, accounting, capital markets technology, specialty consulting, outsourced asset management compliance, real estate and mortgage technology and services, employee benefits and healthcare administration, payments, wealth management, and insurance distribution. The firm applies a value creation playbook supported by 30+ experienced advisors.
Brad Armstrong is a Partner at Lovell Minnick and a member of its Investment Committee, having joined the firm in 2009. Before Lovell Minnick, he worked in the Financial Institutions Group at Bank of America Merrill Lynch on M&A and capital raising, and earlier held roles in Bank of America's Finance Group and a strategic advisory group at Wachovia Corporation. He holds an M.B.A. in Finance and Accounting from Northwestern's Kellogg School of Management and a B.S. in Business Administration from UNC Chapel Hill's Kenan-Flagler Business School.
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Irene Hong Edwards· Partner, Head of Investor Relations· Philadelphia, Pennsylvania, United Statesin
Irene Hong Edwards is a Partner at Lovell Minnick, which she joined in 2017, and sits on the firm's ESG Committee, leading investor relations. She previously worked in investor relations and business development at Z Capital as Managing Director, served as VP of Investor Relations at KPS Capital Partners, was part of the placement agent group at Jefferies & Co., and worked on the secondaries team at Lexington Partners. She holds an M.B.A. from Columbia University and a B.B.A. from Georgetown University.
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Jason Barg· Partner· Los Angeles Metropolitan Areain
Jason Barg is a Partner at Lovell Minnick and a member of its Investment Committee, which he joined in 2010. He previously worked in Goldman Sachs' Financial Institutions Group on M&A and capital raising transactions, and before that was a Senior Associate in PricewaterhouseCoopers' Forensics group investigating corporate accounting irregularities. He holds an M.B.A. from the Wharton School at the University of Pennsylvania and a B.S. in Accounting from Pennsylvania State University's Schreyer Honors College, and is an inactive Pennsylvania CPA.
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Robert Belke· Managing Partner· Los Angeles Metropolitan Areain
Robert (Bob) Belke is a Managing Partner at Lovell Minnick, where he chairs the Investment Committee and serves on the ESG Committee. He joined the firm in 2000, having previously worked as an Associate in the Direct Private Equity Group at TIAA-CREF and as a Senior Analyst at Wilshire Associates. He holds a B.B.A. in Finance and Accounting from the University of Wisconsin and an M.B.A. in Finance and Accounting from the University of Chicago.
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Scott Shebelsky· Partner, Chief Financial Officer· Greater Philadelphiain
Spencer Hoffman is a Partner at Lovell Minnick and a member of its Investment Committee, having joined the firm in 2007. He previously was a Principal at Safeguard Scientifics, a growth capital investor, and earlier served as Manager of Corporate Affairs at MicroStrategy and worked in the Technology Investment Banking group at Merrill Lynch. He holds an A.B. in African American Studies from Brown University and an M.B.A. in Finance from the Wharton School.
Steven Pierson joined Lovell Minnick in 2016 as a Managing Partner and serves on the firm's Investment Committee and D&I Committee. He previously worked at UBS, where he led FIG Investment Banking Americas and served as Global Head of Financial Technology & Services, and earlier held senior FIG investment banking roles at Credit Suisse and began his career at Putnam Lovell Securities. He holds an M.B.A. from Duke University's Fuqua School and a B.S. in Finance & Management from Virginia Tech.
Timothy Rampe joined Lovell Minnick's Philadelphia office in 2018, where he serves as a Partner and General Counsel and sits on the firm's ESG Committee. He previously spent nearly a decade as a Partner in the Corporate Finance and Acquisition Group at Davis Graham & Stubbs LLP, representing financial and business services companies on corporate transactions such as acquisitions, divestitures, recapitalizations, and financings, along with compliance and governance matters. He holds a B.A. in Economics from the University of Michigan and a J.D. from Harvard Law School.
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Trevor Rich· Partner· El Segundo, California, United Statesin
Trevor Rich is a Partner at Lovell Minnick and a member of its Investment Committee, having joined the firm in 2010. He previously worked on the corporate development team at Morgan Stanley and was an analyst in JPMorgan's Technology, Media, and Telecom Investment Banking Group. He holds an M.B.A. from the Wharton School at the University of Pennsylvania and a B.A. in Economics from Brigham Young University.
Alexander Lovell joined the Philadelphia office of Lovell Minnick as a Vice President in January 2021 and became Principal in 2026. He previously worked as an Investment Banking Associate in the Global Industrials Group at Perella Weinberg Partners, focusing on M&A and strategic advisory, and earlier held a Senior Associate finance role at Corsair Capital, beginning his career in banking and securities at Deloitte. He holds an M.B.A. from USC's Marshall School of Business and a B.S. in Business Administration with an accounting major from Bucknell University.
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J.P. Marquess· Principal· El Segundo, California, United States
Jason Klein is a Principal at Lovell Minnick, having first joined the firm's Philadelphia office as an Associate in 2011, returned as a Vice President in 2021, and been named Principal in 2022. He previously served as a Vice President on the financial services investment team at Pine Brook Partners, as an Investment Analyst at Kynikos Associates covering financial services and related technology companies, and as an Analyst in Citigroup's Financial Institutions Group. He holds an M.B.A. from Columbia Business School and a B.S. in Finance from the Schreyer Honors College at Pennsylvania State University.
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Roumi Zlateva· Principal, Head of Capital Markets· Manvel, Texas, United Statesin
Spencer Hurst is a Principal at Lovell Minnick, which he joined in 2016 and where he was named Principal in 2024, working from the firm's New York office. Before Lovell Minnick, he was an Investment Banking Associate at Keefe, Bruyette & Woods and held summer intern analyst roles at Stifel Nicolaus and Trilantic Capital Partners. He holds a Bachelor of Arts in Economics from Middlebury College.
Tom Hutchins is a Principal at Lovell Minnick's Los Angeles office, having first joined as an Associate in 2011 and returned in 2018 after completing his M.B.A. Before rejoining, he worked at an advisory firm focused on technology investments and partnerships for financial institutions, and earlier was an analyst in the Financial Institutions Group at UBS Investment Bank in New York. He holds an M.B.A. from the University of Chicago Booth School of Business and a B.B.A. from Texas Christian University's Neeley School of Business, and is a CFA charterholder.
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Alan Warrick· Advisor, Value Creation Team· Little Rock, Arkansas, United Statesin
Bill Lucas joined Lovell Minnick's Philadelphia office as an Associate in 2019, becoming Senior Associate in 2021 and Vice President in 2024, and serves on the firm's ESG Committee. Before Lovell Minnick, he spent two years as an Investment Banking Analyst in Citigroup's Financial Institutions Group, covering debt, equity, and M&A advisory. He earned a B.S. in Finance from the Schreyer Honors College at Pennsylvania State University.
Chris Barbee· Advisor, Value Creation Team· Englewood, Florida, United Statesin
Chris Barbee is a member of the Advisory Council at Lovell Minnick Partners LLC and serves on the Structure Tone, Inc. Board of Directors, where he chairs the Audit, Finance & Risk Committee. He joined Price Waterhouse in 1976, became a partner in 1987, and led the firm's Global Forensic Services practice until his retirement from PwC in June 2014, working on investigations involving financial reporting fraud, FCPA and anti-corruption matters, and related engagements across more than 25 countries. He has provided testimony to the SEC and DOJ and lectures on investigative topics at the Wharton School of the University of Pennsylvania, the University of Missouri, and the University of Alabama.
Christian Burmeister is a Vice President at Lovell Minnick, having joined the firm's New York office as an Associate in 2021 and advancing to Senior Associate in 2023. Before Lovell Minnick, he spent two years as an Investment Banking Analyst in the FinTech & Financial Services group at Keefe, Bruyette & Woods, working on M&A transactions and debt and equity financings. He holds a BS in Business Administration in Finance from Washington University in St. Louis.
Cody Isdaner is Chief Compliance Officer & Counsel at Lovell Minnick, having joined the firm's Philadelphia office in 2019 as a Legal and Compliance Associate before his 2023 promotion. He previously spent six years at Concierge Compliance (formerly Swayze LLC), where he served as Senior Compliance Consultant, building compliance programs and supporting legal matters for investment advisor clients. He holds a Bachelor of Science in Business Administration from Bryant University and a JD, Cum Laude, from Temple University's Beasley School of Law.
John Mathew· Vice President of Value Creation· New Yorkin
John Mathew joined Lovell Minnick in September 2025 as a Vice President of Value Creation in the New York office. He previously worked in Portfolio Solutions at Lightyear Capital, leading initiatives across sales, marketing, product, and strategy for financial services portfolio companies, and earlier held roles at Mainsail Partners, Oliver Wyman, and Parthenon-EY advising private equity and corporate clients. He holds a B.A. in Political and Social Thought from the University of Virginia.
Jonathan Granowitz joined Lovell Minnick's New York office as an Associate in 2022. Before that, he worked for two years as an Investment Banking Analyst in the FinTech and Financial Services Group at Keefe Bruyette and Woods, focusing on sell-side and buy-side M&A transactions. He holds a Bachelor of Science in Economics from the Wharton School at the University of Pennsylvania.
Katelyn Focella joined Lovell Minnick's New York office in 2025 as a Senior Associate on the Investor Relations team. She previously worked as an Advisory Associate at Rede Partners, a placement agent, supporting fundraising for private equity and private credit clients, and earlier as an Investment Banking Analyst in Morgan Stanley's Global Healthcare Group. She holds a Bachelor of Science in Finance & Accounting from Georgetown University.
Katie McCoy is an Executive Assistant in Lovell Minnick's Philadelphia office, having joined the firm in 2021. Her work includes office administration, travel coordination, calendar management, and other operational tasks. She holds a Bachelor of Science degree from The Pennsylvania State University.
Kayla McGrail is an Accounting Manager at Lovell Minnick's Philadelphia office, where she handles general accounting for the management company and the firm's investment funds. She joined as a Staff Accountant in 2021 and was promoted to Senior Accountant and later Accounting Manager. Before Lovell Minnick, she worked as a Senior Accountant at BBD LLP on audits and examinations for investment firms and mutual funds, and she holds a Bachelor of Science in Accounting from Albright College.
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Mark Adelman· Vice President of Operations· Philadelphiain
Mark Adelman is Vice President of Operations at Lovell Minnick, which he joined in 2018 in the firm's Philadelphia office, where he leads data and analytics, strategic technology, and portfolio monitoring, and serves on the firm's ESG Committee. He was previously an Investment Analyst with Hamilton Lane's Fund Investment group and an Operations Specialist at Archer. He holds a Bachelor of Arts in Economics from Franklin & Marshall College.
Mary Donahue joined Lovell Minnick in 2016 as Office Manager in the firm's Philadelphia office, where she handles daily administrative duties, travel coordination, calendar management, and supports accounting and operational matters. Before Lovell Minnick, she worked as an executive assistant at professional services firms in the Philadelphia area and Southern California. She holds a Bachelor of Science in Business Administration from Gwynedd Mercy University.
Matt Friday joined Lovell Minnick's Philadelphia office as an Associate in 2025. He previously worked as an Investment Banking Associate in the Leveraged Finance department at Goldman Sachs, focusing on sell-side leveraged buyout transactions and financing. He earned an M.B.A. from the Wharton School at the University of Pennsylvania and a B.S. in Finance from the Schreyer Honors College at Pennsylvania State University.
Mia Horne joined Lovell Minnick as an Associate in 2025. She previously worked as an Investment Banking Analyst in the Financial Services Group at Houlihan Lokey, handling sell-side and buy-side M&A transactions. She holds a Bachelor of Arts in Political Economy from the University of California, Berkeley.
Michael Diehl joined Lovell Minnick's Philadelphia office as an Associate in 2025. He previously worked as an Investment Banking Associate in the FinTech group at Capstone Partners, handling sell-side M&A and growth equity transactions for software and technology companies, and earlier worked at an alternative credit hedge fund. He holds a Bachelor of Science in Economics with a minor in Financial Management from the Calhoun Honors College at Clemson University.
Nick Rutkowski is a Senior Associate at Lovell Minnick, based in the firm's Philadelphia office, which he joined as an Associate in 2023 before being named Senior Associate in 2026. He previously worked as an Investment Banking Associate in Technology at D.A. Davidson & Co., handling buy-side and sell-side M&A transactions, and earlier as a Senior Analyst at PNC Financial Services Group. He holds a Bachelor of Science from Pennsylvania State University.
Padman Perumal is Chief Operating Officer at Savant Wealth Management. He previously served as CEO of a global wealth technology platform, where he oversaw ARR growth and secured institutional capital, and held senior leadership roles at JPMorgan and Credit Suisse focused on digital transformation, operational efficiency, and client experience across global markets. He also advises private equity-backed financial services businesses and invests in early-stage ventures.
Paul Mattson is Vice President of Finance at Lovell Minnick, having joined the firm's Philadelphia office in 2019 as Controller and been promoted in 2023. He oversees accounting and financial reporting for the firm's investment funds and management company. Before Lovell Minnick, he spent four years at Preferred Sands as Senior Accounting Manager and began his career as a Senior Audit Associate at KPMG. He is a CPA and holds a Bachelor of Science in Accounting from the University of Delaware.
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Philip Vasan· Advisor, Value Creation Team· Dallas, Texas, United Statesin
Rob Peachey is Controller at Lovell Minnick's Philadelphia office, where he handles accounting, financial reporting, and operational oversight of the firm's investment funds and management company. He previously spent five years at Susquehanna International Group as an Accounting Supervisor and began his career as a Senior Auditor at BDO working with private equity and venture capital clients. He holds a Bachelor of Business Administration in Accounting from Temple University and is a CPA licensed in Pennsylvania.
Sam Hooker joined Lovell Minnick's New York office as an Associate in 2022. He previously spent three years as an Investment Banking Analyst in the Technology and Services Group at Raymond James, working on sell-side M&A transactions. He holds a Bachelor of Science in Human and Organizational Development with a minor in Economics from Vanderbilt University.
Tali Papadakos joined the New York office of Lovell Minnick in 2024 as an Administrative Assistant, handling office administration, staff calendars, travel coordination, and operational tasks. She earned a Bachelor of Science in Communications and Media Studies from the State University of New York College at Oneonta.
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SS&C ALPS Advisors is a boutique investment manager offering exchange-traded funds, mutual funds, variable insurance trusts, and closed-end funds across sustainable income, thematic, and alternative growth strategies.
CenterSquare is an investment management and real estate capital markets firm that serves institutional and private investors through securities solutions, capital markets services, and private real estate investments.
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Construction TechEnterprise SoftwareFintechCharlotte, US
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Specialty insurance distribution platform building and supporting managing general agencies and program administrators across the P&C market, backed by Lovell Minnick.
Pathstone provides wealth management and advisory services to clients with complex financial needs, offering integrated portfolio management, tax and estate planning, and family governance services.
BluePrint is an investment operations and fund administration platform that consolidates fragmented data into a single interface for reporting, analytics, and workflow management.
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
How many investments has Lovell Minnick made?
Lovell Minnick has 62 tracked investments, 1 of which have exited via acquisition or IPO.