Kirk B. Griswold, Founding Partner, co-founded Argosy in 1990 and is responsible for general fund administration, developing and assessing investment opportunities, providing strategic management support and monitoring investments. His experience encompasses a successful track record investing in over 90 companies. Previously he was a Manager and Consultant with Corporate Decisions, Inc. (now Mercer Management Consulting, Inc.), a Boston-based international management consulting firm. He managed client engagements, trained and managed Consultants and Associates, and worked with the CEO and Board of Directors of businesses in various industries. Mr. Griswold also has previous experience as President of a niche manufacturing company and as a manager and avionics engineer with the Integrated Logistics Support Division of Westinghouse Electric Corp. He earned an MBA from the Wharton School, University of Pennsylvania, with a dual major in Management and Finance, and a Bachelor of Science, Physics, from the University of Virginia. He has served as President of the Northeastern Regional Association of SBICs, on the board of the Greater Philadelphia Venture Group, Team Captain for the MS150 Bike Tour, and has been a guest lecturer for the Finance Department of the Wharton School. He has been a director or participated as a board observer on many of his investments.
Michael R. Bailey, Partner, joined Argosy in 1999 and is responsible for general fund administration, developing and assessing investment opportunities, providing strategic management support, and monitoring investments. His background includes commercial lending, business operating experience, and SBIC investing. Immediately prior to joining Argosy, Mr. Bailey was one of three principals in a building products distribution and contracting business. Previously, he was a Vice President of Corestates Bank (now Wells Fargo Bank) with responsibility for developing and managing relationships with middle market companies. He also had prior experience as one of two professionals at Meridian Capital Corp., an SBIC fund, with marketing and portfolio management responsibilities, as well as oversight of various limited partnership interests in private equity funds. He started his career as a credit analyst for Mellon Bank. Mr. Bailey earned an MBA at Drexel University and a Bachelor of Science, Business Administration with a concentration in Finance from Bucknell University. He is a former board member and officer of the Philadelphia Chapter of the Association for Corporate Growth, has served on the board of the Greater Philadelphia Venture Group, and is a founder and director of Community Backstop, a charitable organization. He has been a director or participated as a board observer on many of his investments.
Mr. Trouveroy co-founded MTN Capital Partners in 2003 and the firm began investing in 2004. Since then, MTN and its portfolio companies have been involved in acquisitions in excess of $500 million.
Mr. Trouveroy, a professional with over 30 years of business experience, was a founding partner of ING Equity Partners and its successor Hampshire Equity Partners. The funds he co-managed made investments totaling over $500 million in both performing and underperforming companies. He built a very successful investment track record over a nine year period.
Prior to joining MTN, he was head of GE Capital’s leveraged finance business in France.
Mr. Trouveroy worked for six years in the mergers and acquisitions department of Drexel Burnham in New York where he became a partner. He handled M&A transactions totaling over $4 billion.
Mr. Trouveroy is a director of Sound Lounge and Joliet Equipment Corporation. He is a former director of Kings Supermarkets.
Mr. Trouveroy has an M.B.A. from the University of Chicago and an M.A. in Economics from the University of Louvain in Belgium. He passed the C.P.A. examination.
Mr. Trouveroy is a board member and chairman of the finance committee of the Belgian American Educational Foundation.
Mike Lorelli is an experienced CEO and outside director. As a CEO, he led 4 successful portfolio company engagements, with Riverside Company, Pouschine Cook Capital Management, and Rutledge Capital. Previously, Mike has been a PepsiCo division president, twice. At PepsiCo, he built out Pizza Hut’s international footprint, as President in the 1990’s. Mike is also on the Boards of iControl, C.P. Kelco, and Axxune. He is Masters Level accredited at both The American College of Corporate Directors, and the National Association of Corporate Directors. Mike is presently Partner with Private Equity Performance (www.PE-Performance.com).
Mike has his MBA from NYU’s Stern School of Business. He also served as Interim CEO at Rita’s in 2013 and 2016.