Butterfly, a Los Angeles-based private equity firm specialising in the food sector, has promoted Peter Tang to Chief Financial Officer (CFO) in addition to his current role as Managing Director of the firm.
As CFO, Tang will oversee all aspects of the firm’s financial activities and play an important role in leading Butterfly’s strategic and growth initiatives. Tang has also been appointed to the board of the Butterfly Equity Foundation.
Tang joined Butterfly in 2016 as one of the first members of the firm’s Investment Team and has been involved in several investments including Bolthouse Farms, Pacifico Aquaculture and Pete and Gerry’s. Previously, Tang worked at KKR as an investor on the Consumer Retail Private Equity team.