Kevin Marchetti - Managing Partner
Mr. Marchetti is a co-Founder and Managing Partner of Bay Grove where he is active in all day-to-day activities of the firm and responsible for investment decisions. He is a board member of Lineage Logistics Holdings, LLC, the largest temperature-controlled warehousing and logistics company globally. Prior to co-founding Bay Grove, Mr. Marchetti was an investor with Ron Burkle and The Yucaipa Companies where he helped invest the Yucaipa Funds and eventually oversaw Mr. Burkle’s personal investment portfolio and sat on the board of the Pittsburgh Penguins. Mr. Marchetti started his career with Morgan Stanley in its investment banking group. He graduated cum laude from Duke University with a major in Economics and a minor in History. Mr. Marchetti is on the board of Nevada Dental Benefits, the San Francisco Zoological Society and Fisher Center Real Estate Policy Advisory Board at UC Berkeley.
Adam Forste - Managing Partner
Mr. Forste is a co-Founder and Managing Partner of Bay Grove where he is active in all day-to-day activities of the firm and responsible for investment decisions. He is a board member of Lineage Logistics Holdings, LLC, the largest temperature-controlled warehousing and logistics company globally and is on the board of the World Food Logistics Organization (WFLO). He is also a board member of ndustrial.io, a SAAS-based energy management company. Prior to Bay Grove, Mr. Forste worked at Kohlberg Kravis Roberts & Co. (“KKR”), one of the world’s oldest and most experienced global private equity firms. While at KKR, Mr. Forste executed power-related transactions valued over $7.7 billion and evaluated deals in the energy, retail, and consumer industries. Mr. Forste started his career with Morgan Stanley in its investment banking groups, both in New York and San Francisco, where he focused on M&A and covering financial sponsors. Mr. Forste is a Fulbright Fellow and a graduate of Dartmouth College.
David Brandes - Managing Director
As a Managing Director of Bay Grove, Mr. Brandes is active in all day‐to‐day activities of the firm and investment activities. Prior to Bay Grove, Mr. Brandes spent over nine years at Shorenstein Properties LLC, a large real estate private equity firm. At Shorenstein, Mr. Brandes was responsible for sourcing, negotiating and executing capital transactions within the Western United States. During his time there, Mr. Brandes executed over 30 transactions worth in excess of $4.9 billion on behalf of the firm's closed‐end investment funds and various non‐fund accounts. Mr. Brandes started his career with Morgan Stanley in its investment banking group in San Francisco, where he focused on M&A and covering financial sponsors. Mr. Brandes graduated from the University of California at Berkeley.
Ed Lam - Principal
As a Principal of Bay Grove, Mr. Lam is active in the firm's investment activities and portfolio company oversight. Prior to Bay Grove, Mr. Lam worked in Morgan Stanley's investment banking group in Menlo Park. While at Morgan Stanley, Mr. Lam executed M&A and financing transactions valued over $9 billion for technology clients. Mr. Lam is on the board of the Berkeley-Haas Alumni Network San Francisco Chapter. Mr. Lam graduated from the University of California at Berkeley.
Lizzy Shay Kaler - Vice President
As a Vice President at Bay Grove, Ms. Shay assists with the firm’s investment activities and portfolio company operations and strategy. Prior to Bay Grove, Ms. Shay worked at McKinsey & Company. While at McKinsey, Ms. Shay focused on international expansion strategies for global enterprises in the consumer, retail and agriculture sectors and organizational change efforts for private equity owned businesses. Ms. Shay holds a Bachelors of Finance from the University of Minnesota’s Carlson School of Management.
Alice Shen - Vice President
As a Vice President of Bay Grove, Ms. Shen is active in the firm’s investment activities and portfolio company oversight. Prior to Bay Grove, Ms. Shen worked at Kohlberg Kravis Roberts & Co. (“KKR”) in its Energy & Infrastructure private equity group. While at KKR, Ms. Shen executed power and midstream-related transactions and evaluated deals in the energy and communications industries. Ms. Shen started her career with Morgan Stanley in its New York investment banking division covering consumer retail companies. Ms. Shen graduated from the Wharton School of Business at the University of Pennsylvania.
Eric Estill - Associate
As an Associate of Bay Grove, Mr. Estill assists in the firm's investment activities and portfolio company oversight. Prior to Bay Grove, Mr. Estill worked at Morgan Stanley in its Houston investment banking division. While at Morgan Stanley, Mr. Estill analyzed and executed M&A and financing transactions for companies in the oil & gas industry with a focus on the oilfield services subsector. Mr. Estill holds a Bachelors of Mathematical Economic Analysis from Rice University.
David Ross - Associate Partner
As an Associate Partner of Bay Grove, Mr. Ross is active in the firm's investment activities, investor relations, and deal sourcing. Mr. Ross is an active venture capital investor in new media, software, and cleantech companies and co-founder and CEO of FarmersWeb, online software used by farms nationwide. Prior to joining Bay Grove, Mr. Ross sourced and assessed potential direct investments through a network of industry and financial veterans on behalf himself, family members, and other angel investors. Mr. Ross started his career in the media and Internet sector at an entrepreneurial venture that was founded to provide broadcast television and Internet service via satellite to the global airline and maritime industries. Mr. Ross graduated from Duke University.
Kristina Hentschel ‐ Director of Finance
As the Director of Finance, Ms. Hentschel manages the firm's accounting, finance and operations. Ms. Hentschel has served as CFO for Women’s Professional Soccer, Clinovations and Hentschel & Company and as Executive Director of GirlVentures. Ms. Hentschel began her career as a CPA in Deloitte's Real Estate Group in San Francisco and is a member of the Financial Women of San Francisco. Ms. Hentschel holds a BBA in Accounting from the Ross School of Business at the University of Michigan and MBA's from both the University of California at Berkeley and Columbia University.
Nicole Clark ‐ Executive Assistant
As Executive Assistant, Mrs. Clark manages the day-to-day operations of the office and provides executive support. Prior to Bay Grove, she served as Executive Assistant at Tomei & Tonjes LLP. Mrs. Clark graduated from Gonzaga University in 2005 with a degree in Business Administration with an emphasis in marketing.
Kolya ‐ Team Mascot
Kolya is our beloved Labrador Retriever who is a natural morale booster when he is not napping.