Ward S. McNally, Managing Partner
After fifteen years of working with family offices as a general partner, a limited partner and advisor, and observing that they were underserved when it came to their private equity needs, Ward co-founded McNally Capital with the vision to build a merchant bank for family offices and their private equity needs. A firm that could help families maximize the value of their investments in this asset class.
As a Managing Partner, Ward shares responsibility for the day-to-day operations of the firm and takes a hands-on approach to working with clients. With an extensive background in private equity, he particularly focuses on advising clients on their tactical investment policy statement and various investments strategies, executing investments, raising capital and managing client private equity investments.
Prior to co-founding McNally Capital, he was a partner at The Edgewater Funds, a Chicago-based private equity firm with over $1 billion under management. While there, he led a diverse set of investments and was responsible for a joint venture between Edgewater and Jordan/Zalaznick Equity Partners PLC. Prior to Edgewater, Ward was a principal at Hammond, Kennedy, Whitney & Company, a middle market private equity firm, where he focused on basic industries. Before that he was with Benedetto Gartland and Company where he focused on private placements for private equity funds.
Ward began his career as part of the Financial Engineering and Risk Management Group at Bank of America, and was previously a member of the M&A team of Caremark International's Physician Resources Division.
He is a frequent speaker at conferences on topics about family office private equity investing including tactical investment strategy, risk analysis and due diligence.
Ward holds a BA from the University of North Carolina at Chapel Hill and an MBA from the University of Chicago Booth School of Business.
John P. Rompon, Managing Partner
Over the course of his 25-year career, John has played a leading role in virtually every aspect of the private equity investment cycle - structuring transactions as a lawyer, improving operations as a consultant, leading management teams as a CEO, and evaluating opportunities as an investor and family office advisor. He brought these experiences to bear in co-founding McNally Capital, a firm dedicated to serving the full range of private equity needs of family offices. John's rare combination of operational and investment experience allow him to drive real value creation in complex private equity portfolios.
As a Managing Partner, John shares responsibility for the day-to-day operations of the firm and focuses on the development and implementation of strategies that will help families achieve their private equity objectives. With his consulting background and experience as a senior operating executive, John works directly with a family's portfolio companies and fund managers to unlock value and manage risk.
Prior to co-founding McNally Capital, John was an independent investor and family office advisor. He was previously a founding member and principal in Hewlett-Packard's global Business Process Outsourcing group, where he led transactions in India, Europe and Latin America. Before joining HP, John was the CEO of a General Atlantic Partners portfolio company based in Hyderabad, India and focused on delivering business process outsourcing services.
As a partner with First Consulting Group, a healthcare technology-consulting firm, he established a captive venture capital firm and two consulting practices. Prior to FCG, he was a founding partner of SAI, Inc., a healthcare consulting and investment firm, which he and his partners sold to Perot Systems. John also served as a senior associate with Booz Allen Hamilton and a lawyer with Latham & Watkins.
John sits on a variety of private and non-profit Boards and is a regular speaker at conferences on topics regarding family office private equity investing.
John holds a B.A. in Economics and History (with honors) from Northwestern University and a J.D. (with highest honors) from Indiana University - Bloomington.
Frank Galioto, Partner
Frank leads private equity fund advisory and investment services at McNally Capital. He has led the development of the firm's approach to evaluating, diligencing, and monitoring fund managers, a process which leverages his portfolio-level perspective to shed additional light on the methods used by fund managers to create value. In this capacity, Frank led the development of the McNally Capital Mezzanine Fund-of-Funds, a pre-selected fund of small- and middle-market mezzanine funds which closed in 2010.
Frank's approach to private equity investing is rooted in over 20 years of experience improving the financial performance of operating companies at the senior management level. Prior to joining McNally Capital, Frank was a Partner with Booz Allen Hamilton, a global management consulting firm focused on strategy and operational improvement. He has partnered closely with over 100 management or private equity clients to help solve their most complex, time-sensitive problems. Of these clients, over 30 were broad, company-wide transformations that generated in excess of $4B+ in operational improvement, typically in an accelerated timeframe.
Frank received a BS in Chemical Engineering from Lehigh University with a minor in Economics, where he graduated with honors. He also holds an MBA from The Amos Tuck School of Business Administration at Dartmouth College, where he was elected an Edward Tuck Scholar. Prior to business school, Frank worked for International Business Machines, where he served as an Account Manager and as a Quality Engineer in the IBM Microelectronics division.
Breaux B. Castleman, Senior Advisor
Prior to joining McNally Capital, Mr. Castleman was President and CEO of Syntiro Healthcare Services, Inc., a business process outsourcing, care management, and disease management company. Previously he was CEO of Physia Corporation, which developed physician practice management software. Prior to joining Physia Corporation, Mr. Castleman was President of the Scripps Clinic, a 300 physician, multi-specialty medical group practice in San Diego, and President of the Physician Resources Division of Caremark International in Chicago. At Caremark, Mr. Castleman led a team that invested $450 million in the acquisition of healthcare enterprises on a national basis. Prior to that, Mr. Castleman was CEO of the Kelsey-Seybold Clinic in Houston, a 200 physician multi specialty medical group with 24 locations.
Before entering healthcare, Mr. Castleman was the partner in charge of the Houston office of Booz Allen Hamilton, consulting to the energy, banking and specialty chemicals business. He is currently a Director of FemPartners, Inc., a physician practice management company in Houston, and Chairman of Electro-Optical Sciences, Inc., (NASDAQ: MELA) a development-stage diagnostic medical device company in Irvington, NY.
Mr. Castleman received a BA in economics from Yale University and attended New York University Graduate School of Business Administration. He has published articles on management issues in business and technical periodicals, including the Harvard Business Review, and has presented numerous papers and presentations to industry groups in energy, banking, healthcare, and agribusiness.
Bram Bluestein, Senior Advisor
Mr. Bluestein has over 35 years of management consulting experience before joining McNally Capital as a Senior Advisor. Over his career, Mr. Bluestein had clients in almost all industries and from around the world.
Prior to joining McNally Capital, Mr. Bluestein was a Senior Partner and Advisor at Booz Allen Hamilton where he led the global automotive practice and served the global clients of the firm. Immediately prior, he was a Senior Partner at A.T. Kearney where he held numerous positions, including leading the global industry practices for A.T. Kearney and EDS Solutions Consulting, and the global automotive practice and the largest account team. Earlier in his career, Mr. Bluestein was a Partner of Booz Allen Hamilton and started his consulting career at The Boston Consulting Group, in Boston, Johannesburg, London and Chicago.
Mr. Bluestein received a BS in Chemistry from Lafayette College where he serves on The Educational Policy Committee of the Board of Trustees. He also holds a MBA from the Columbia University Graduate School of Business. Prior to starting his consulting career, Mr. Bluestein served in the U.S. Army and worked at The Federal Trade Commission.
Steven A. Shlensky, Senior Advisor
Mr. Shlensky had over 20 years of investment and consulting experience before joining McNally Capital as a Senior Advisor with significant experience in the family office industry and as a tax advisor for closely held businesses.
Prior to joining McNally Capital, Mr. Shlensky served as Managing Director of TCS Group, L.L.C., a Chicago based family office. He was responsible for creating and optimizing several investment portfolios across all asset classes, portfolio allocation, manager selection as well as all aspects of directing a family office including coordinating tax and estate planning, insurance, philanthropy, asset procurement and coordinating special projects. Previously, he served as Senior Vice President, Human and Corporate Development and Senior Vice President of Strategic and Corporate Development of APAC Customer Services, Inc., a leading provider of customer interaction solutions. Prior to joining TCS and APAC, Mr. Shlensky was as a senior tax manager for Arthur Andersen, LLP.
At the University of Wisconsin in Madison, Mr. Shlensky earned his Juris Doctor and Bachelor of Business Administration in accounting.
Adam Lerner, Vice President
Mr. Lerner has over 8 years of investment management experience in public and private equity.
Prior to joining McNally Capital, he was a financial consultant with Wachovia Securities acting in a portfolio management and equity research capacity. Conducting fundamental, deep-dive debt and equity analysis, he covered over 200 companies across capitalization ranges, style (domestic and foreign), and industry sectors. Adam began his career in 2001 with Lehman Brothers Inc. as an Operations Analyst focusing on business process and technology improvements. In addition, on a pro-bono basis, he has worked with start-up enterprises to streamline their business and strategic plans and develop their unit economic models.
Mr. Lerner received a BA in Organizational Studies with concentrations in Economics and Organizational Behavior from the University of Michigan - Ann Arbor and an MBA from the University of Chicago's Booth School of Business.
Brett Mitchell, Associate
Mr. Mitchell has over six years of experience in private equity investing and strategy consulting.
Prior to joining McNally Capital, he worked at Sterling Partners as a private equity associate concentrating on investments in the business services and healthcare services industries. Previously, Brett was a project manager at Monitor Group, a global strategy consulting firm, where he worked with management teams to develop growth strategies, improve operations, and analyze investment decisions. While there, Brett worked with organizations across a range of industries including: financial services, healthcare, government & nonprofit, industrials, consumer, and technology. On a pro-bono basis, he has served as the volunteer executive director of Inspire, a national nonprofit consulting organization, and has served on several nonprofit boards.
Mr. Mitchell received a BS in Aeronautical and Astronautical Engineering with a concentration in International Relations from the Massachusetts Institute of Technology and an MBA from the Kellogg School of Management where he was elected to the Beta Gamma Sigma honor society.
Jeff Olsick, Associate
Mr. Olsick brings deep expertise in originating proprietary deals to McNally Capital. Prior to joining McNally Capital, Mr. Olsick was an Associate at Dinan & Company, LLC, a buy-side investment bank headquartered in Phoenix, Arizona. While at Dinan he was responsible for originating proprietary direct deal flow for private equity funds and corporate clients. Mr. Olsick has experience in several industries including; healthcare,food and beverage, industrial manufacturing, water and wastewater, specialty chemical, consumer products, software, information technology, and regulatory compliance. He also has experience in originating sale-leaseback opportunities, and other loan portfolios for purchase (including Residential, C&I, MBS, CLO, CDO, REO).
Mr. Olsick received a BA in Finance and Entrepreneurship from the University of Arizona. He is a CFA Level II Candidate