Backcast Partners Announces Promotions and New Office Location
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NEW YORK, Jan. 14, 2025 ~ Backcast Partners, a leading provider of debt and equity capital for middle-market companies, has recently announced three promotions and the relocation of its New York City offices to accommodate its continued growth. The company is pleased to promote Neil Chirite and Ryan Stuckert to Managing Directors, and Ronen Barak to Vice President.

Neil Chirite joined Backcast in 2018 from Citibank's M&A group and has been a valuable asset to the company. With his expertise in investment execution, portfolio management, and sourcing, he has played a significant role in numerous Backcast investments including The Alaska Club, USG Water Services, Renegade, M&R, and Memorial MMRI. He also contributed greatly to the successful realizations of the Arcticom and Made by Gather investments.

Similarly, Ryan Stuckert joined Backcast in 2023 from Siguler Guff where he spent 13 years on the credit team investing in various opportunities such as private and public corporate credit and equity, structured credit, and specialty finance. At Backcast, Ryan is responsible for sourcing new investments, conducting due diligence, and managing portfolios. He also plays a significant role in the company's co-investment programs with his involvement in Jackson Hewitt, World Water Works, Guardian, and Nighthawk investments.

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Ronen Barak also joined Backcast in 2023 from Oak View Group with previous experience at UBS Leveraged Finance. With his background in evaluating new investments and portfolio management, Ronen has been an integral part of the company's success. He is also involved in investment origination.

The relocation of Backcast's New York City offices to 950 Third Avenue is a testament to their continued growth and success. The new location will provide more space for their expanding team as they continue to provide top-notch services for middle-market companies seeking debt and equity capital. With these promotions and relocation announcement, Backcast Partners is poised for even greater achievements in the future.

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