Atlantic Street Keeps Building Team

Atlantic Street Capital has added Jay Steinle to its team as a partner. In his new role with Atlantic Street, Mr. Steinle is responsible for the firm’s investor relations, managing existing limited partner relationships and developing new investor relationships.

Before joining Atlantic Street, Mr. Steinle was a managing director at Lighthouse Investment Partners from 2005 to 2021 where he was active with the firm’s fundraising efforts. Prior to Lighthouse, he was the director of marketing for EACM Advisors, a division of BNY Mellon Asset Management.  Mr. Steinle has his undergraduate degree from the University of Vermont.

“We are delighted to have recruited Jay to join us as a partner to build this new function at Atlantic Street,” said Peter Shabecoff, a co-chief executive officer of Atlantic Street. “We view investor relations as mission-critical for the firm, continuing and building on our tradition of active and transparent communication with our investors.”

“I’m excited to join a team with such an outstanding record helping entrepreneurial businesses grow,” said Mr. Steinle. “Atlantic Street’s operationally intensive approach has transformed portfolio companies and generated remarkable results for its fund investors with whom I look forward to working.”

The addition of Mr. Steinle follows the hiring of Whit Williams as chief operating officer in September 2020 and Johnny Conklin as a partner in April 2021.

“Jay has an impressive 20-year track record in fund marketing and investor relations,” said Mr. Williams. “His extensive experience will be invaluable in building the best-in-class investor relations function we seek at Atlantic Street.”

Atlantic Street invests from $15 million to $75 million in middle-market companies with EBITDA from $4 million to $30 million. The firm invests across a range of sectors but has a specific interest in healthcare, multi-unit retail, business services, and consumer products and services. In September 2019, the firm held a final closing of Atlantic Street Capital IV LP at its hard cap with $500 million of capital commitments.

Atlantic Street was founded in September 2006 by Mr. Shabecoff and is based in Stamford, Connecticut with an additional office in West Palm Beach, Florida.

Private Equity Professional | May 25, 2021