Alternative investment firm Summit Partners has made four promotions in its global team, with Jay Pauley and Thomas Tarnowski appointed as managing directors and Antony Clavel and Peter Francis as principals.
“We are proud to recognise the achievements of Jay, Thomas, Antony and Peter with these well-deserved promotions,” says Peter Chung, managing director and chief executive officer of Summit Partners. “Each of these professionals has made a meaningful impact on the firm, working alongside our portfolio companies and serving our investors with dedication and integrity.”
Pauley joined Summit’s Boston office as a vice president in 2010. He moved to the Menlo Park office in 2013, and has served as a principal since 2014. Pauley is a member of Summit’s growth products and services team, where he focuses primarily on the technology-enabled business services, industrial technology, distribution and consumer sectors. His board and investment experience includes Central Security Group, FineLine Technologies, Grand Design RV (acquired by Winnebago Industries), Parts Town, Vivint and Vivint Solar. Prior to Summit, Pauley worked for GTCR, Apax Partners and GE Capital.
Tarnowski joined Summit’s London office as a principal in 2013 and leads Summit’s healthcare and life sciences team in Europe. His board and investment experience includes DentalPro and Independent Vetcare. Prior to Summit, Tarnowski worked for Triton, where he led the Nordic healthcare team with a focus on healthcare services and medical technology investments. Before that, he worked for Credit Suisse First Boston and Citigroup.
Clavel joined Summit’s London office as a vice president in 2013. Focusing primarily on the technology sector, Clavel’s board and investment experience includes Calypso Technology, Darktrace, Masternaut, Siteimprove and RELEX Solutions. Prior to Summit, Clavel worked for Allen & Company where he advised US and European technology entrepreneurs on M&A and raising capital.
Francis joined Summit’s Boston office as a senior associate in 2011, moved to the firm’s Menlo Park office in 2012 and has served as a vice president since 2015. Focusing primarily on the healthcare and life sciences sector, Francis’s board and investment experience includes BluePearl Veterinary Services (acquired by Mars Petcare), Healthline Media, HealthSun and Solutionreach. Prior to Summit, Francis worked for Jefferies & Company and UBS Investment Bank on the global healthcare team.
