Salveo Capital, an alternative investment firm specialising in the legalised cannabis space, has appointed Thomas Mazarakis as a Managing Partner.
Mazarakis will work alongside Managing Partners Michael Gruber and Jeffrey Howard in overseeing strategic direction and will be responsible for portfolio management as well as scaling the firm and its operations.
Mazarakis has over 18 years of financial and investment experience. Most recently he served as a Managing Director at Goldman Sachs in London where he was head of the Fundamental Strategies Group, a department of research analysts within the securities division’s multi-billion dollar equity and credit businesses. Earlier in his career at Goldman Sachs, Mazarakis served as an Executive Director and led the retail/consumer sector team. Prior to his tenure at Goldman Sachs, Mazarakis spent two years at Citigroup in New York where he analysed high yield and distressed industrial companies within the credit research department. Mazarakis received a Bachelor of Science in environmental engineering from Northwestern University and a MBA from the University of Michigan.
“Tom is a seasoned financial professional who brings years of relevant experience and a strong track record to Salveo,” says Michael C Gruber, a Managing Partner of Salveo Capital. “We expect Tom’s fundamentals-driven research process and analytical background to add a significant level of rigour and diligence to the cannabis fund landscape. We are very much looking forward to Tom’s contributions to our portfolio companies, fund investors and the firm as a whole.”
“We are thrilled to welcome Tom as we seek to build premier companies to help reshape the image of legalised cannabis,” adds Jeffrey Howard, a Managing Partner of Salveo Capital. “As the legalised cannabis space continues to evolve, it is critical that we have the right people in place to help us capitalise on strategic investment opportunities. As an avid early-stage investor and advisor to high-growth companies who is knowledgeable and passionate about the industry, Tom is the ideal fit to support our mission and goals.”
Mazarakis says: “I am excited to have the opportunity to join a well-regarded firm that is investing in and partnering with innovative companies and entrepreneurs within a unique and high-growth sector. Michael and Jeff have worked diligently in a short time frame to assemble a high-quality portfolio of companies that is performing very well and has significant upside potential. I look forward to working with the team and building on this momentum.”
