424 Capital Promotes Brian Kelly to Partner

Wakefield, Mass. — 424 Capital is pleased to announce the promotion of Brian Kelly to Partner, recognizing his exceptional leadership, investment expertise, and significant contributions to the firm's continued growth.

Since joining 424 Capital in 2019, Brian has played a key role in executing and supporting investments across the firm's portfolio, with a particular focus on businesses in the energy transition sector. His deep sector knowledge, thoughtful partnership with management teams, and disciplined investment approach have helped advance the firm's mission of investing in lower middle market companies poised for long-term growth.

"Brian has been an invaluable member of our team since joining 424 Capital," said Walter Beinecke, Managing Partner at 424. "He has earned the trust of our portfolio company leaders, limited partners, and colleagues through his integrity, sound judgment, and commitment to creating value. We look forward to his continued leadership as we build on the firm's momentum."

As Partner, Brian will continue leading investments in the energy transition sector while helping shape the firm's investment strategy, mentoring junior professionals, and strengthening relationships with entrepreneurs and management teams.

"424 Capital has been an incredible place to grow my career," said Kelly. "I'm grateful for the opportunity to work alongside such a talented team and exceptional portfolio company leaders. I look forward to continuing to identify and support outstanding businesses, particularly those advancing the energy transition, and to contributing to the firm's next chapter of growth."

424 Capital is a private equity firm focused on partnering with founder-led lower middle market businesses in the healthcare and energy transition sectors. The firm invests in companies with strong growth potential and works closely with management teams to support growth and scale. — 424 Capital is pleased to announce the promotion of Brian Kelly to Partner, recognizing his exceptional leadership, investment expertise, and significant contributions to the firm's continued growth.