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SBIA Announces 2023-2024 Leadership

SBIA membership elects new Officers and Board of Governors

October 16, 2023 (Washington, D.C.) – The Small Business Investor Alliance (SBIA), the leading association for lower middle market private equity funds and investors, today announced its new 2023-2024 Board of Governors, including our Board Officers, Regional Chairs, At-Large Board Members, and designated Council Chairs. Caroline Ducas, a founding partner of Nashville-based Resolute Capital Partners, is the incoming Chair. Caroline has over 20 years of investment experience in the lower middle market and she and her partners are currently investing from Resolute Capital Partners Fund V, a $405MM Small Business Investment Company (SBIC). Caroline has previously served our association as President of the Southern Region, Secretary, Treasurer, Vice Chair and Chair-Elect.

The SBIA also would like to recognize the outgoing Board members who have given generously of their time and efforts to support the association: Melanie Brensinger, Anagenesis Capital; Dean D’Angelo, Stellus Capital Management; Lars Hens, Zions Bancorporation; Peter Huff, Blue Sage Capital; Theresa Mozzocci, Maranon Capital; Tim Rafalovich, Wells Fargo; Mike Revord, Aldine Capital Partners; Chris Sears, Truist Community Capital; and Eric Sloane, Southfield Mezzanine.

 “We’re pleased to welcome our new Board members, all of whom have shown a strong commitment to SBIA over the years,” said SBIA President Brett Palmer. “We are privileged to have at our helm a group of experienced small business professionals from diverse geographies and representing a range of investment strategies. The SBIA Board of Governors is a powerful component of our association’s success, and we rely on the dedication, service and guidance of our members.”

2023-2024 Officers

Caroline Ducas
Resolute Capital Partners, Tennessee

Brad Triebsch
CVF Capital Partners, California

Ben Geis
Eagle Private Capital, Missouri
Vice Chair

Tyson Smith
Tecum Capital, Pennsylvania

Stacy Harmsen
NorthCoast Mezzanine, Minnesota
Secretary | New Officer

Gayle Hughes
Merion Investment Partners, Pennsylvania
Immediate Past Chair

Industry Council Chairs for 2023-2024

Jordan Bastable, LongWater Opportunities, Texas
Middle Market Council Chair

David Demeter, Davidson College, North Carolina
Limited Partners Council Chair

Ann Ferreira, Lake Country Capital, Minnesota
Women Investors Networking Council Chair

Brian Lueger, Konza Valley Capital, Kansas
Venture & Growth Equity Council Chair

Ian Simmonds, Sixth Street Specialty Lending, New York
Business Development Company Council Chair

Patrick Weston, Route 2 Capital Partners, South Carolina
Small Business Investment Company Council Chair

Regional Chairs for 2023-2024

Steve Gord, Hidden River Strategic Capital, Pennsylvania
Northeast Regional Chair

Sean McGuire, Fifth Third Bank, Illinois
Midwest Regional Chair

John Pontius, Capital Alignment Partners, Tennessee
Southern Regional Chair

Rick Shuart, Caltius Structured Capital, California
Western Regional Chair

At-Large Members for 2023-2024

Les Alexander, Jefferson Capital Partners, Louisiana

Jim Barra, Ironwood Capital, Connecticut

Jan Bergeson, Ally Bank, Utah

Scott Chappell, Barings, North Carolina

Doug England, The Riverside Company, Ohio

Heather Hubbard, Valesco Industries, Texas

Melinda Jackson, Cadence Bank, Texas

David Kocen, Bluehenge Capital, Louisiana

Carl Kopfinger, TD Bank, Pennsylvania

Steven Lilly, FS Investments, Pennsylvania

John Mickelson, Midwest Growth Partners, Iowa

Andrew Panzo, NewSpring Capital, Pennsylvania

Kevin Sheehan, Multiplier Capital, District of Columbia

Gijs Van Thiel, 747 Capital, New York

Stacey Wittelsberger, Patriot Capital, Maryland

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About the Small Business Investor Alliance
The Small Business Investor Alliance (SBIA) is the premier organization of lower middle market private equity funds and investors. SBIA works on behalf of its members as a tireless advocate for policies that promote competitive markets and robust domestic investment for growing small businesses. SBIA has been playing a pivotal role in promoting the growth and vitality of the private equity industry for over 60 years. For more information, visit or call (202) 628-5055.

Leadership on compass