Torch Hill Investment Partners

Investment Team

George Lund
Chairman

George Lund is the Chairman of Torch Hill Investment Partners and Chairman of its Executive Committee. An experienced chief executive and private equity investor, he began his career as the co-founder and CEO of BANKFIRST which he led from $20M to $1 Billion in assets before successfully selling the institution to Merrill Lynch. He has led successful investments in both private equity buy outs and project finance. He is a member of the Threat Finance Task Force and the Vice Chairman of the Scowcroft Center for International Security at the Atlantic Council. For Torch Hill portfolio companies he Chairs the Board of Zephyr Photonics and is a member of the board of directors of Diamondback Tactical, Artel and Blue Hackle.

Lieutenant General Gregory Newbold, USMC, Ret.
Partner and Chair, Professional Partners Group

General Newbold is a respected former senior military officer with broad experience in military matters, homeland security, anti-terrorism, and force protection. Before retiring from the Marine Corps, he was the Director of Operations for the Joint Chiefs of Staff (J-3) where he oversaw the day-to-day operations of the 1.3 million members of the active armed services. Previously, he served as Commanding General of the 1st Marine Division. He is a member of the Torch Hill Executive Committee, director of Camelbak, Gapgemini Government Solutions, HemCon, Diamondback Tactical and Jameson. General Newbold also chairs the Torch Hill Professional Partners Group.

David C. Miller, Jr.
Partner, General Counsel and Head of Investor Relations

Ambassador Miller served as a Special Assistant to President George H.W. Bush on the National Security Council staff responsible for counter-terrorism and counter-narcotics initiatives as well as Africa. He was appointed Ambassador to Tanzania in 1980 by President Reagan and subsequently to Zimbabwe in 1984 finishing diplomatic service in 1986. He has contributed to a number of books on low intensity conflict and co-authored "The United States and Africa" with David Gordon and Howard Wolpe. Ambassador Miller is the Chairman of the Special Operations Fund and a member of the Council on Foreign Relations, Council of American Ambassadors and the District of Columbia Bar. He is a member of the Executive Committee and is the lead partner responsible for fund raising and is responsible for Limited Partner relations. Ambassador Miller supports portfolio companies where his national security experience is relevant.

General John Abizaid, USA, Ret.
Partner

General Abizaid retired from the U.S. Army as Commander of U.S. Central Command with responsibility for US security interests in 25 nations that stretch from the Horn of Africa through the Arabian Gulf region and into Central Asia. He is recognized as one of the most knowledgeable Americans on the Middle East/Gulf region and is highly respected by the region’s leaders. Earlier in his career, he was the 66th Commandant of the U.S. Military Academy at West Point. He also served also Director of Strategic Plans and Policy (J5) on the Joint Chiefs of Staff and Director of the Joint Staff. Previously, General Abizaid commanded the 1st Infantry Division, which provided the first ground forces into Kosovo. His education includes a U.S. Army War College Senior Fellowship at the Hoover Institution, Stanford University, a Masters degree in Area Studies from Harvard University and study at the University of Jordan in Amman, where he was an Olmsted Scholar. Currently, General Abizaid serves as the Chairman of the Board for Blue Hackle and a member of the Board of Directors for Zephyr Photonics.

Stephen R. Kappes
Partner & Chief Operating Officer

Mr. Kappes retired from the Central Intelligence Agency (CIA) as the Deputy Director in May 2010 after 30 years of service. From 2006 to 2010 he was directly involved in the leadership and management of all elements of the Agency under two different Directors and two Presidential administrations. From 2005 to 2006 he was the Chief Operating Officer of ArmorGroup International and a member of the Board of Directors of ArmorGroup International plc. From 2002 to 2004 Mr. Kappes served as the Associate Deputy Director of Operations and then the Deputy Director of Operations for the CIA. Mr. Kappes also served during his career as the Associate Deputy Director for Counter Intelligence. Mr. Kappes was a Captain in the United States Marine Corps before joining the CIA. Currently, he is a member of the Board of Directors of Zephyr Photonics Inc.

Stephen Minor
Vice President

Stephen Minor joined Torch Hill in 2005 soon after inception and holds a variety of responsibilities including investment execution, portfolio management, operations, and fundraising. Prior to joining Torch Hill, Stephen worked for a boutique merchant bank in Washington, DC where he focused on transactions involving financial sponsors. Previously, Stephen worked at Deutsche Bank Alex Brown in New York in their structured debt products group. Stephen received his MBA from Georgetown University.

Jesse Walcott
Principal

Mr. Walcott joined Torch Hill Investment Partners in 2011 and focuses primarily on transaction execution and portfolio monitoring and development. Mr. Walcott has spent much of his career investing and operating in the defense and government services, automotive and firearms industries. Prior to Torch Hill he spent seven years at Cerberus Capital Management, L.P. in the Private Equity Group and in executive positions within two Cerberus portfolio companies, where he was involved with nine completed acquisitions representing over $7 billion of invested capital, as well as numerous financing and restructuring transactions. Most recently, Mr. Walcott served as Vice President of Strategic Planning and Corporate Development for IAP Worldwide Services, a $1 billion revenue defense contractor controlled by Cerberus. Prior to IAP, Mr. Walcott served as Vice President of Strategic Planning for Freedom Group, Inc., the largest global commercial markets manufacturer of firearms and ammunition, also controlled by Cerberus. Prior to Cerberus, he spent five years in investment banking at Legacy Securities and JPMorgan’s Financial Sponsors Group. Mr. Walcott graduated from the University of Virginia with a bachelor degree in English and Economics.

Andrew Bair
Operating Partner

Mr. Bair joined Torch Hill as an Operating Partner in 2011 and has been an active member of the Professional Partners since 2007. Mr. Bair has co-founded and run two national security consulting firms, held senior positions at SAIC and BDM International, and was a Senior Vice President at the Willis Group in New York. In government, Mr. Bair has served as a Senior Advisor in the State Department, the U.S. Congress, and the United Nations. Mr. Bair earned a B.A. in Political Science from Southern Methodist University, an M.A. in National Security Affairs from George Washington University, and an Executive Certificate in International Finance from Georgetown University. He is a Member of the Atlantic Council and a published author on peacekeeping policy.

William R. Sullivan
Founder and Special Partner

Mr. Sullivan brings significant financial and portfolio management experience in private equity to the team. He has held senior operating positions in large and small enterprises. He began his career as an Army Intelligence officer. Following graduate school he joined Booz Allen Hamilton followed by management positions with Shearson Lehman Brothers and the American Express Company, where he was a member of the Senior Management Group. For the last twenty years he has served as an operating partner for several private equity and venture capital firms.