John “Jack” F. Nugent and Keven P. Shanahan Promoted to Partner

Argosy Private Equity is pleased to announce the recent promotions of John “Jack” F. Nugent and Keven P. Shanahan to Partner.

Jack Nugent joined Argosy in 2002 as an Associate and is responsible for developing and assessing investment opportunities, providing strategic management support, and monitoring investments. Currently, Mr. Nugent serves on the board of or actively manages Argosy’s investments in Southerland, Roll-Rite, Sussex Wire, KMCO and American Leather. Prior to joining Argosy, Mr. Nugent worked in the Restructuring Group at Lazard Frères & Co., in investment banking at Deutsche Banc Alex. Brown, and at GE Equity. Mr. Nugent earned his MBA from the Tuck School of Business at Dartmouth College and his Bachelor of Science in Business Administration degree with a major in Finance from Loyola University Maryland.

Keven Shanahan joined Argosy in 2004 as an Associate and is responsible for developing and assessing investment opportunities, providing strategic management support, and monitoring investments. Currently, Mr. Shanahan serves on the board of or actively manages Argosy’s investments in Autocrat, Olympia Chimney, GenServe, Dan-Loc, Oneida Molded Plastics and UC Coatings. Prior to joining Argosy, Mr. Shanahan worked in the Financial Services and Healthcare Group of GE Equity. He began his career at Furman Selz. Mr. Shanahan earned his MBA from the Tuck School of Business at Dartmouth College and his Bachelor of Arts with a concentration in Applied Mathematics and Economics from Harvard College.

“Argosy’s past and future success is directly tied to the quality of our team. As we continue to grow, it’s both important and gratifying to recognize talent and reward excellence,” said Kirk Griswold, one of the Founding Partners of Argosy. “Keven and Jack are well deserving of their promotions to Partner. Their experience, skills and success in partnering with management teams of portfolio companies and our co-investors place them among the top industry professionals and we are proud to have them on the Argosy team.”