TA Associates

Hythem T. El-Nazer is Co-Managing Partner of TA Associates and Co-Head of its North America Technology Group, having joined the firm as an Associate in 2004, become a Managing Director in 2016, and Co-Managing Partner in 2025. He focuses on sourcing, underwriting, and building technology companies, with investment experience across software, communications, financial technology, and HCIT. Before TA he worked at McKinsey & Company and Donaldson, Lufkin & Jenrette, and he holds an MBA from Columbia Business School and an AB in Economics from Brown University.

Jennifer A. Barbetta is Managing Director and Chief Operating Officer at TA Associates, where she oversees global non-investment operations and works with senior leadership on strategic initiatives. She joined TA in 2022 and has more than 25 years of experience in asset management and alternatives, having previously served as Chief Operating Officer and Senior Managing Director at Starwood Capital Group and as a Partner and Managing Director at Goldman Sachs. She holds a B.S. in Finance from Villanova University.

Ashutosh Agrawal is a Managing Director at TA Associates who helps lead the firm's investments in software and technology-enabled businesses, primarily in North America. He has over 23 years of private equity experience, with investment and board work spanning application, infrastructure, security, and vertical-market software companies. Before TA, he was a Principal at Francisco Partners and worked in investment banking at Goldman, Sachs & Co. He holds an MBA from Harvard Business School and both an MEng in Operations Research and Industrial Engineering and a BS in Computer Science from Cornell University.

Birker B. Bahnsen is a Managing Director at TA Associates and leads the firm's Europe Healthcare Group. He joined TA in 2009 and has over 15 years of private equity experience. Before TA, he worked as an Associate Director at HgCapital and an Associate at Goldman, Sachs & Co. He holds an MSc from the University of Oxford and MEng and BA degrees from the University of Cambridge.

Jeffrey S. Barber is a Managing Director at TA Associates, where he heads the North America Consumer Group and is a member of the firm's Healthcare Group, focusing on consumer products, services, and healthcare companies. He joined TA in 2001 and has over 25 years of private equity experience, having previously worked at Weiss Peck & Greer, Vestar Capital Partners, and Morgan Stanley. He holds an MBA from Columbia Business School and a BA in Political Science from Johns Hopkins University.

Max Cancre is a Managing Director at TA Associates, where he focuses on technology company investments across Europe. He previously worked at Index Ventures and in the Structured Finance Group of Barclays Capital's Investment Banking Division. He holds an MBA from Harvard Business School and a BA in Economics and International Relations from the University of Pennsylvania.

Michael S. Berk is a Managing Director at TA Associates and co-head of the firm's North America Services Group, where he focuses on business and financial services companies, and he also supports TA's Hong Kong office. He joined TA in 2004 and has over 25 years of private equity experience. Before TA, he was a Senior Vice President at Joseph Littlejohn & Levy and an Associate at Frontenac Company, and he holds an MBA from Harvard Business School, a JD from Harvard Law School, and an AB from Harvard College.

Roy Burns is a Managing Director at TA Associates and Co-Head of the firm's North America financial services investing efforts. He has spent over 20 years at TA, rising from Associate, and has investment and board experience across financial services and fintech markets including electronic payments, wealth management, investment management, and fund administration. Before TA, he worked at Davidson Kempner Partners on public company investments and at Banc of America Securities in high yield and leveraged finance, and he holds an MBA from Stanford Graduate School of Business and a BS from Washington and Lee University.

Stefan A. Dandl is a Managing Director at TA Associates who works on investments in technology and financial services companies across EMEA, and leads the firm's activity in German-speaking countries. Before joining TA, he worked in J.P. Morgan's Investment Banking Division covering Media & Technology. He holds a BA in Business Administration from the University of St. Gallen (HSG) and was a scholar of the German National Academic Foundation.

Todd R. Crockett is a Managing Director at TA Associates, where he serves on the firm's Executive Committee and co-heads the North America Services Group, concentrating on financial and tech-enabled services companies. Before joining TA, he worked as a financial analyst at Salomon Brothers in its Financial Institutions and Structured Finance groups. He holds an MBA from Harvard Business School and a BA in Politics from Princeton University.

Aditya (Adi) Sharma is a Managing Director and founding member of TA Associates' India office, which he co-founded in February 2009 after relocating from TA in London. He focuses on investments in India and other emerging markets, and previously served as Partner and Head of India and South-East Asia for Growth Equity at Lightspeed Venture Partners, and worked in the Telecoms and Media Group at Lehman Brothers' investment banking division in London. He holds an MBA from The Wharton School at the University of Pennsylvania and a BSc in Economics from the London School of Economics.

Elliott Brennan is a Principal in TA Associates' Capital Markets Group, where he supports the firm's capital markets activities in North America for new and existing portfolio companies. Before joining TA, he worked in capital markets and leveraged finance roles at Citizens Financial Group and Regions Bank. He holds a BA in Economics from the University of North Carolina at Chapel Hill.

Jérémy Dréan is a Director at TA Associates who invests in data, financial services, and business services companies across Europe. His investments span business models including wealth and pension management, insurance brokerage, data and information services, and tech-enabled services, across minority and majority transactions. Before TA, he worked at Morgan Stanley's EMEA Consumer Group and GSV Asset Management, and he holds an MSc in Management from HEC Paris and a BA in Business Economics from UCLA.

Rishabh Bhatt is a Vice President at TA Associates who works on consumer and business services investments in India. Before joining TA, he held investment banking roles at BofA Securities, Rothschild & Co., and J.P. Morgan, covering India and financial institutions. He holds an MBA from XLRI, Jamshedpur and a B.Tech in Mechanical Engineering from the National Institute of Technology, Surat.

Taisuke Asada is a Principal at TA Associates who invests in technology, healthcare, business and financial services companies across the Asia-Pacific region, with an emphasis on North Asia. Before joining the firm, he held roles at WingArc1st as an Executive Officer, The Carlyle Group's Japan Buyout team, the Investment Division of the Innovation Network Corporation of Japan, and McKinsey & Company. He holds a BE from Keio University and is fluent in Japanese.

Victoire de Valroger is a Vice President at TA Associates who works on investments in business services, financial services, and consumer companies across Europe, with particular attention to French-speaking countries. Before joining the firm, she worked in the Investment Banking Division at Bank of America, covering Consumer & Retail. She holds an MSc and BSc in Economics and Financial Engineering from Université Paris Dauphine.

Andrew Bille is a Vice President at TA Associates, where he handles accounting, financial reporting, and cash management for the TA Funds. Before joining TA, he was an Assurance Director at PricewaterhouseCoopers LLP. He holds an MS in Accounting from Northeastern University and a BS in Accounting from Providence College.

Axel Benson is a Vice President in TA Associates' Strategic Resource Group, where he builds and maintains analytic tools to track portfolio performance and surface value creation opportunities, and works with management teams to improve portfolio company finance functions. He previously served as a Portfolio Manager at Bowmark Capital and an FP&A Associate at JPMorgan Asset Management. He holds a BS in Accounting and Finance from Warwick Business School.

Christine Bartunek is an Associate in TA Associates' Strategic Resource Group, where she works with portfolio company management teams on strategy and execution. She previously worked as a consultant at OC&C Strategy Consultants. She holds an MSc in Management and a BSc in Economics & Management for Arts, Culture & Communication from Bocconi University.

Daniel L. Brooks is a Director in TA Associates' Strategic Resource Group, where he works on value creation within the firm's healthcare portfolio by partnering with management teams to support profitable growth. Before joining TA, he worked at McKinsey & Company and Deloitte Consulting, and served in the US Marine Corps as a Marine Raider. He holds an MBA from Harvard Business School and a BS in Engineering from the University of Michigan.

Liza Bayankina is an Associate at TA Associates, where she supports capital markets activities for new acquisitions and portfolio companies and works on building relationships with financing partners. She previously worked as an Investment Analyst at CVC Credit Partners. She holds a BSc in Management from the London School of Economics.

Maggie Benoit leads TA Associates' global communications strategy, covering PR, media relations, content development, and portfolio company marketing. She previously held account management roles at Porter Novelli and Cone Communications. She holds a BA in Media Studies from Wellesley College.

Marie Suesse is TA Associates' Chief Human Capital Officer, leading the firm's Talent team on talent strategy, recruiting, training, and performance management, reporting to the Chief Operating Officer. She previously served as Global Head of Human Capital, Communications & Administration at Värde Partners and spent nine years building HR infrastructure at Artisan Partners, with earlier recruiting leadership roles at J.P. Morgan.

Max Bulger is a Principal in TA's Strategic Resource Group, where he works on artificial intelligence initiatives and partners with portfolio companies on technology-driven growth. He previously held roles at Vista Equity Partners as an Executive Director, EY Parthenon as a Partner, and worked in product management at eBay/PayPal and early-stage startups. He holds a B.S. in Cognitive and Brain Science from Tufts University.

Nikita Agarwal is a Vice President in TA Associates' Strategic Resource Group, where she works on artificial intelligence initiatives and supports portfolio companies in adopting new technology. She previously served as a Technical Lead for Applied AI at Palantir Technologies and as a Technical Lead for Search at Google. She holds a BS in Computer Science from Carnegie Mellon University.

Ritej Bachhawat leads TA Associates' Strategic Resource Group activities in India, working on growth opportunities and operational improvements for the firm's portfolio companies. He has over 13 years of experience in value creation across sectors, covering areas such as sales acceleration, margin optimization, digital transformation, and organizational restructuring. Before joining TA, he worked at McKinsey & Company in India as a Digital Transformation Lead within the Manufacturing & Supply Chain Practices, and was a founding team member at ZS Associates in India. He holds a Post Graduate Diploma in Management from IIM Lucknow and B.Tech and M.Tech degrees in Electronics and Electrical Communication Engineering from IIT Kharagpur.

Ryan Bigda is Vice President, Finance at TA Associates, where he handles accounting, financial reporting, and cash management for the firm's co-investment program and general partner entities. He previously worked at Keurig Green Mountain, Inc. and BDO Seidman, LLP. He holds an MSA in Accountancy from Boston College and a BS in Accounting and Finance from Bentley University.

Adrien Chevrier is an Associate at TA Associates who works on investments in financial services and financial technology companies in North America. He previously worked as a FIG Investment Banking Analyst at Jefferies. He holds a BS from The Wharton School at the University of Pennsylvania through the Huntsman Program.

Alexander Cicetti is a Vice President at TA Associates who works on healthcare investments across Europe, the Middle East, and Africa. Before joining the firm, he worked in investment banking at J.P. Morgan within the Diversified Industries EMEA Group. He holds an MSc in Management from the University of Mannheim and a BA in Business Studies from Friedrich-Alexander University, and is fluent in English and German.

Andy Alezard is a Senior Associate at TA Associates who works on technology investments across Europe, with particular attention to French-speaking countries. Before joining TA, he worked in the Technology, Media and Telecom group within Bank of America's Investment Banking Division. He holds an MSc in Finance and Accounting from Imperial College Business School and a Bachelor of Business Administration from ESSEC Business School.

Ben Best is a Senior Associate at TA Associates who works on investments in products, services, and consumer companies across North America. Before joining the firm, he worked in investment banking at Barclays within the Consumer Retail Group. He holds a BS in Finance from Fordham University.

Cole Aubrey is an Associate at TA Associates who works on investments in financial and tech-enabled services companies in North America. He previously worked in investment banking at Jefferies. He holds an MS in Management from the University of Notre Dame and a BA in Public and International Affairs from Princeton University.

Daniel Bodea is an Associate at TA Associates who works on investments in financial technology and financial services companies, mainly in North America. Before joining the firm, he was a Technology Investment Banking Associate at William Blair & Company. He holds a BA in Computer Science from Harvard University.

Devon Carbone is an Associate at TA Associates who works on technology investments in North America. Before joining the firm, Carbone worked as an investment banking analyst at Goldman Sachs and Bank of America, and previously danced with The Royal Swedish Ballet and The Bavarian State Ballet. Carbone holds an MSc in Finance from the Stockholm School of Economics and a BBA from the University of Washington.

Duc Dinh is a Senior Associate at TA Associates, where he focuses on investments in companies across the Asia-Pacific region. Before joining the firm, he worked as an investment banking analyst in the Financial Institutions Group at Morgan Stanley. He holds a Master in Management from ESCP Business School.

Florent-Louis Coin is a Senior Associate at TA Associates who works on healthcare investments across Europe, the Middle East, and Africa. Before joining the firm, he worked in investment banking at Morgan Stanley's EMEA Healthcare Group. He holds an MSc in Finance from ESCP Business School and a BS in Finance from HEC Montreal.

Georgina Davis is an Associate at TA Associates who works on investments in financial technology and financial services companies in North America. She previously worked as an Associate at Spectrum Equity. She holds a BA in Economics, Computer Science, and Classical Studies from Dartmouth College.

Jeffrey T. Chambers joined TA Associates in 1980 and worked in private equity for more than 40 years, focusing on services sector investments. He opened the firm's California office in 1982, became a Managing Director in 1984, served on TA's Executive Committee from 1988 to 2010, and became a Senior Advisor in 2013 before retiring. Prior to TA he was at Meredith Associates; he holds an MBA from Stanford Graduate School of Business and a BA in Economics from Harvard College.

Leonardo Eicher is an Associate at TA Associates who works on investments in business services, financial services, and consumer companies across Europe, with particular attention to German-speaking countries. Before joining TA, he was a Private Equity Associate at Advent International and an Associate Consultant at Bain & Company. He holds a BA in Business Administration from the University of St. Gallen.

Maria Bigolin is a Senior Associate at TA Associates who works on investments in business services, financial services, and consumer companies across Southern Europe. She previously worked at J.P. Morgan in the Investment Banking Division's Consumer & Retail Group. She holds an MSc in Management from London Business School and a BSc in Economics and Management from the University of Trento.

Maria Jose Arrea is a Senior Associate at TA Associates who works on technology investments in North America. Before joining the firm, she was a technology M&A investment banking analyst at Evercore. She holds a BBA in Finance from Emory University and a BS in Industrial and Systems Engineering from the Georgia Institute of Technology.

Mark H. Carter is a Senior Advisor at TA Associates who focuses on investments in high-growth healthcare companies across North America. He joined TA in 2005 and has over 25 years of experience in private equity and investment banking, previously working at Parthenon Capital and Lehman Brothers. He earned an MBA from Columbia Business School and a degree in Mechanical Engineering from Vanderbilt University, and formerly served as co-head of TA's North America Healthcare Group.

Michael C. Child spent about 40 years in private equity, investing in the technology sector. He joined TA Associates in 1982, helped establish the firm's West Coast office, became a Managing Director in 1986, served on TA's Executive Committee from 2002 to 2008, and became a Senior Advisor in 2011 before retiring. Earlier in his career he held roles at ROLM Corporation, Boston Consulting Group, and Hewlett-Packard, and he holds an MBA from Stanford and a B.S. in Electrical Engineering from UC Davis.

Neil Du is a Senior Associate at TA Associates who works on investments in companies across the Asia-Pacific region. Before joining the firm, he was an investment banking analyst at Morgan Stanley. He holds a JD and a BCom in Economics and Finance from the University of Melbourne.

Nik Cable is a Vice President at TA Associates, where he focuses on software company investments in North America. He previously worked as an Associate Consultant at Bain & Company. He holds an MBA from Stanford University and a BA in Engineering Sciences from Harvard University.

Remi Astronomo is an Associate at TA Associates who works on investments in North American technology companies. Before joining the firm, he was an investment banking analyst at Perella Weinberg Partners. He holds a BBA in Finance from the University of Notre Dame.

William D. Christ is a retired advisor and former active partner at TA Associates, which he joined in 2003, bringing more than 18 years of private equity experience. He previously served as co-head of TA's North America Consumer Group and focused on investing in consumer product and service brands across sectors such as pet, food and beverage, outdoor, wellness, and home goods. Before TA, he worked in the Global Real Estate Group at Lehman Brothers, and he holds an MBA from Dartmouth's Tuck School of Business and a BS from Washington and Lee University.

Andreas Vandris is a Vice President at TA Associates, where he invests in technology companies in North America. He previously worked as a Principal at Menlo Ventures, an investor at Lead Edge Capital, and in investment banking at Goldman Sachs. He holds a BA in Statistics and Computer Science from Harvard University.