TLDR:
- Daniel Pincus, former Aksia executive, joins Parkway Capital as a senior associate.
- Pincus brings over 8 years of experience in underwriting and portfolio management to the role.
Former Aksia executive Daniel Pincus has recently joined Parkway Capital as a senior associate. Parkway Capital, based in Lutherville, Md., is the mezzanine unit of Calvert Street Investment Partners. Pincus, known for his work in underwriting and portfolio management, was praised for his contributions at Aksia, a New York-based firm specializing in alternative investment solutions for institutional investors. With a bachelor’s degree in Mathematics from Skidmore College, Pincus is seen as a valuable addition to Parkway’s team.
Pincus, currently based in Boston, has previously worked at Valuation Research Corp., TD Bank, and Blue Hills Bank. Parkway co-founder Chris Pope expressed confidence in Pincus, highlighting his expertise in credit underwriting and analysis, particularly in the lower middle market. Pincus is expected to play a key role in sourcing, underwriting, and portfolio management at Parkway Capital.
Known for providing flexible junior capital solutions, Parkway Capital typically makes mezzanine debt and minority equity investments ranging from $3 million to $12 million per transaction. The company focuses on lower-middle market companies with around $10 million in annual revenue and $2 million in EBITDA. Since its establishment, Parkway Capital has invested over $500 million across a diverse portfolio of over 70 companies in various sectors including manufacturing, distribution, consumer products, business and industrial services, and healthcare.
