SK Capital Appoints John Novak to Lead Business Development
Investor - People | Apr 16, 2025 | SK Capital
SK Capital Partners, a prominent private investment firm specializing in the specialty materials, ingredients, and life sciences sectors, announced the appointment of John Novak as Managing Director and Head of Business Development. Bringing over 20 years of experience, Novak's role will focus on identifying and executing new investment opportunities. Previously with Paine Schwartz Partners, Novak has demonstrated expertise in business development and capital markets. This strategic hire aligns with SK Capital's goal of expanding their platform and driving transformative growth in their portfolio companies, which generate approximately $12 billion annually.
Sectors
- Private Equity
- Specialty Materials
- Ingredients
- Life Sciences
Geography
- United States – SK Capital Partners is based in New York, NY, indicating a primary geographic focus in the United States.
Industry
- Private Equity – The article discusses the appointment of a new head of business development at SK Capital Partners, a private equity firm.
- Specialty Materials – SK Capital Partners focuses on investments in specialty materials, which is one of their core sectors.
- Ingredients – SK Capital targets the ingredients sector, investing in companies within this industry.
- Life Sciences – Life sciences is a key focus area for SK Capital's investment strategy.
Financials
- $9 billion – Assets under management by SK Capital Partners.
- $12 billion – Annual revenue generated by SK Capital Partners' portfolio companies.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| SK Capital Partners | Private Equity Firm | Company | A private investment firm focused on specialty materials, ingredients, and life sciences sectors with $9 billion AUM. |
| John Novak | Head of Business Development | Person | Recently appointed Managing Director and Head of Business Development at SK Capital Partners. |
| Mario Toukan | Managing Director | Person | Managing Director at SK Capital Partners who commented on John Novak's appointment. |
| Paine Schwartz Partners | Former Employer | Company | John Novak's previous firm where he led business development. |