Backcast Partners Promotes Key Executives and Expands NYC Office

Backcast Partners LLC, a prominent provider of debt and equity capital to middle-market companies, has announced three significant promotions within its team. Neil Chirite and Ryan Stuckert have been elevated to Managing Directors, while Ronen Barak has been promoted to Vice President. These promotions reflect Backcast's continued expansion and strengthening of its in-house expertise. Neil Chirite, who joined Backcast in 2018, has been a key player in investment execution and portfolio management and has contributed to the successful realizations of Arcticom and Made by Gather investments. Ryan Stuckert, who joined from Siguler Guff earlier in 2023, brings extensive experience in corporate credit and equity to Backcast’s co-investment programs. Ronen Barak, previously from Oak View Group, will be focusing on evaluating new investments and investment origination. Backcast, which manages approximately $1.3 billion in assets, continues to support companies with EBITDA ranging from $7.5 million to $50 million, with investment sizes ranging from $20 million to $150 million per transaction. The firm also announced the relocation of its New York City office to 950 Third Avenue to support its growing operations.