Los Angeles-based private equity firm Vance Street Capital has opened a Dallas office, announced two new hires, and promoted two investment team members.

Vance Street, which focuses on investments in North America-based companies that provide highly engineered solutions to their customers, recently closed Vance Street Capital Fund IV with $775 million.

The firm said that establishing a second office in Dallas was a strategic decision to accommodate growth across the investment and accounting teams, as well as build its regional presence within the lower middle market, benefitting from proximity to companies across the central and eastern U.S. The Dallas office is at 8235 Douglas Ave., Suite 1325.

Dallas office hires

Vance Street said it recently added Scott Bigelow as senior fund controller in the Dallas office. Before joining Vance Street, Bigelo was director of finance at ORIX USA where he led the asset management accounting team. Before, he worked at STRAIT & MUFG Capital Analytics, where he oversaw all aspects of client reporting processes. He started his career at Grant Thornton in their audit practice.

The firm said that Natalia Rainforth also joined the Dallas office as accounting manager, responsible for supporting management company accounting, reporting, and operations processes. Before Vance Street, Rainforth was a manager in the CFO services group at IQ-EQ, formerly Constellation Advisers, servicing asset management clients across a variety of asset classes.

Promotions

Vance Street also announced two promotions.

Yousaf Tahir, a member of the investment team, was promoted to principal. Tahir joined the firm in 2021 as a vice president from Victory Park Capital. He plays an integral role in the due diligence and underwriting of new investments, as well as the ongoing support of portfolio companies.

Will Robinson, a member of the investment team, was promoted to vice president. Before joining Vance Street in 2020 as an associate, he was in the Financial Sponsors group within the Investment Banking Division at Barclays Capital in New York.

“Yousaf and Will have demonstrated consistent growth and development since joining Vance Street. We are excited to announce their well-deserved promotions as they have both played a key role in several recent transactions for the firm,” said Brian Martin, managing partner at Vance Street.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.