WESTPORT, Conn., Feb. 13, 2018 /PRNewswire/ -- Balance Point Capital Advisors, LLC ("Balance Point"), a provider of flexible capital to lower middle market companies, is pleased to announce that Alexander G. Bues has been hired as Vice President, Head of Business Development.
Mr. Bues brings an extensive background of origination and execution of investments in the lower middle market. Prior to joining Balance Point, Mr. Bues worked for New Capital Partners, a private equity fund focused on making investments into technology and services businesses within the lower middle market. At New Capital, Mr. Bues was promoted from Associate to Manager and was responsible for leading business development efforts as well as supporting the team in diligence and execution of investments. He developed significant experience in sourcing and evaluating investment opportunities across a variety of industries, including HCIT / healthcare services, TMT and business services. Mr. Bues began his career with Greenwich Associates, a strategy consulting firm focused on advising institutional asset managers on a variety of sales, marketing, product and operations issues. During his six years with Greenwich Associates, Mr. Bues was promoted up to Associate before leaving for graduate school. Mr. Bues holds a Bachelor of Arts in Economics from Denison University and a Master of Business Administration from Duke University.
"We are delighted to have Alex join our growing platform. As we've grown in size, it is paramount we stay relevant to the market and Alex's skillset will enhance our ability to do so," said Partner Justin Kaplan.
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About Balance Point Capital Advisors, LLC
Balance Point Capital Advisors, LLC ("Balance Point") is an alternative investment manager focused on the lower middle market. With approximately $625 million in assets under management as of December 2017, Balance Point invests debt and equity capital in select lower middle market companies across a variety of investment vehicles. Balance Point takes a long-term, partnership approach to investing and is committed to building lasting relationships with our partners, management teams and intermediaries. Balance Point is a registered investment adviser. Further information is available at www.balancepointcapital.com.
SOURCE Balance Point Capital Advisors, LLC