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Core Members Nick MacShane
Fritz
Hafer
Tiran
Sam
Christine Ward
Vinay
TS Chang
Andrew Clarke
Stephen Crosby
April Monchik

Capital Advisors



Progress Partners team members are a strategic mix of executives with backgrounds in both entrepreneurial and Fortune 500 companies. Team members have deep experience in venture capital and angel financings, mergers and acquisitions, strategic planning and execution, business development, integrated marketing, and sales management plus new product /market launches.

This is a team which has not only been senior management but has also been in the trenches building and growing small companies themselves as well and managing larger divisions of Fortune 500s. Progress Partners’ clients benefit from advice and processes that are time tested and have delivered results many times before.


Nick MacShane Back to top
Senior Managing Director

Nick's E-Mail

Nick is a founder and Senior Managing Director of Progress Partners. He is a proven technology marketer and fund raiser with 15 years experience in working with early stage companies in marketing, branding and advertising; product development; business development; partnership development; and fund raising. Through his experience in working with start-ups, top companies and with business leaders, he brings an extensive network of senior-level contacts in New England, New York, Washington, DC, and California.

Prior to founding Progress Partners, Nick served in senior marketing and product development roles at Virtual Access Networks, MyWay.com (CMGi) and Scotia Pharmaceuticals, a British conglomerate. In New York, Nick ran an events-planning and non-profit fund raising firm called Diana Beattie Events. He started his career in New York City Mayoral politics and founded and ran the New York State chapter of the Democratic Leadership Forum.

Nick is a Government and History graduate of Skidmore College. In addition to his role at Progress Partners, Nick is a Principal at Brooke Private Equity Advisors, a private equity management firm that provides investment and advisory services to institutions and high net worth families. Nick also serves on the screening committee of Launchpad Venture Group. He currently holds investments in five early stage companies. Finally, Nick is the Financial Director of Ballets Russes 2009, a non-profit organization celebrating a century of modern ballet. Nick is a General Securities Registered Representative.

 
 

E. Frits Abell Back to top
Managing Director


Frits joins Progress Partners as Managing Director, with a specific focus on expansion of New York operations. Frits has over 12 years of experience in marketing, business development and operations for start-up ventures, for which he has managed all aspects of new business formation and developed a targeted investor base for investment projects.

Before joining Progress Partners, Frits helped launch Longbank Corporate Restructuring Inc., an alternative investment firm focusing on distressed assets. He co-founded, and served as Managing Director of Marketing and Business Development for, Velocity Holdings, a consulting firm focusing on small to medium sized businesses. As President and COO of GFN Holdings, a New York City niche financial services firm, Frits oversaw the Marketing, Public Relations, Investor Relations, Sales and Editorial Departments.

Frits founded the Skidmore Business Network, serves on the board of the Caron Foundation/Renaissance Institute and has been a US delegate to the Young Leaders Forum of the Asian Pacific Economic Cooperation (APEC).

Frits holds a BA in Economics from Skidmore College and a Certificate in International Political Economy and Trade from the Institut D'Etude Des Relations Internationales (ILERI), Paris, France. 

 

 

 

Brad Hafer Back to top
Executive in Residence

bhafer@progresspartners.com
Brad is an Executive in Residence at Progress Partners. Brad is the founder and managing partner of Minuteman Advisory Partners, LLC, an outsourced corporate development consulting firm. Brad brings more than 20 years of technology, business and consulting experience. His experience includes VP, Corporate Development at MatrixOne (sold to Dassault Systèmes); VP, Marketing & Business Development for Synchronicity (sold to MatrixOne); and VP, Corporate Development for SupplierMarket.com (sold to Ariba). Prior to his technology management experience, Brad was a Principal with global consultancy A.T. Kearney and started his career with IBM. Brad graduated with a B.A. in Engineering from Lafayette College and with an MBA from the Kellogg School of Management at Northwestern University.

 

 

 

Tiran Kiremidjian Back to top
Executive in Residence

 



Tiran is an Executive in Residence at Progress Partners. Tiran has over 15 years of investments and investment banking experience, starting at the M&A group of Bear, Stearns & Co. Inc. and then as a partner in a $125 million venture fund backed by the Estee Lauder family. During his time there, he played key roles in launching Central European Media Enterprises, now the largest TV network in Central Europe, and in taking it public (ticker: CETV) on Nasdaq. He also helped launch Formosa TV, the No. 1 broadcaster in Taiwan , and manage a number of non-media investments in the fund’s portfolio. More recently, he has filled senior executive positions in several start-ups and helped secure financing for them: SignalOne Media ($4.0 million), Magnify.net ($1.2 million) and Condo.com (undisclosed).

 

 

 

Sam ThompsonBack to top
Vice President


Sam is a Vice President at Progress Partners. With experience in both traditional and interactive media, Sam’s current efforts are focused on the new media and technology marketplace. Prior to Progress Partners, Sam worked at the Boston-based Phoenix Media/Communications Group in both the Media Sales and Finance departments. Positioned in the finance group as the Manager of its Trade Department, he focused on financing advertising campaigns for online, print, and radio media sales clients. His first exposure to the interactive space began at the San Francisco-based start-up, IGN Entertainment, Inc., now a division of News Corporation. While at IGN, working closely with Advertising Operations, Sam brought together the Client Relations framework, structure, and strategy for its media sales department.

 

Sam graduated with a B.A. in Fine Arts from Lewis & Clark College in Portland , OR and in 2004 graduated Magna Cum Laude with an MBA from the F.W. Olin Graduate School of Business at Babson College. Adding to his role at Progress Partners, and bringing purpose to his love of bicycles, Sam was recently elected to the board of directors for the local non-profit Massachusetts Bicycle Coalition as Vice President of Advocacy.

 



Christine Ward Back to top
Vice President


Christine is a Vice President of Progress Partners. Her background is in product management, product marketing and market research for start-ups. Prior to Progress Partners, Christine worked at Predictive Networks, a Cambridge-based start-up focused on Web personalization, MyWay.com (a wholly owned subsidiary of CMGI), an Andover-based private label portal for high traffic ISP and as an independent consultant. Christine has a thorough understanding of the technology markets, particularly digital media, and has tied her marketing and product development background together with her business experience to help start-ups flourish and compete. Most recently, she has been active in non-profit work for her own community including fund-raising, marketing and public relations.

Christine holds an MBA, with honors, from the F.W. Olin Graduate School of Business at Babson College in Wellesley, MA. Prior to business school, Christine worked in asset management for commercial real estate at AEW in Boston , MA .


 

Vinay KantakBack to top
Consultant - Strategy, Operations, and Technology


Vinay Kantak is a Consultant at Progress Partners, focusing on Strategy, Operations and Technology. He brings over 23 years of experience in the areas of information technology, management consulting, operations, and finance. For the past 10 years, Vinay has worked in executive management positions with startup/early stage companies (some of which he co-founded or promoted), or new business units of large companies. His range of experience helps him play multiple organizational roles, including COO, CTO and CFO. Vinay is especially deft at crafting business models, devising product and solution strategies, creating technology frameworks, as well as streamlining business and technical operations to meet business objectives.

Vinay received his BS in Financial Management from University of Bombay. He then completed his Chartered Accountancy (CPA) with specialization in Systems Analysis, Cost Accounting, and Operations Research. He was ranked in top 50 (all-India) in the final qualifying examination. After his training as a CPA, with special focus on analysis and audit of business systems, Vinay started his career in the field of Information Technology as a developer, assuming roles up to, and including, COO. Vinay is a practitioner of martial art and is a 2nd Degree Black Belt in Shaolin Kempo style of Karate and he is training in Jade Forest Praying Mantis style of Kung Fu and Tai Chi. Finally, Vinay also studies percussion - Indian, African, and Latin, and performs as a musician whenever his schedule permits.
 

TS Chang Back to top
Principal


T.S. brings 9 years of experience in consulting and research in the information technology and chemical engineering sectors to Progress Partners, where he focuses on financial analysis, firm/technology valuation, business development, and cross-border transactions.

Prior to Progress Partners, T.S. worked at Samsung as a project manager, leading projects ranging from operation consulting to information system implementations. During the five years at Samsung, he managed more than ten projects for clients in financial services, electronic manufacturing and consumer services. T.S. was also instrumental in restructuring the company's strategy and organization. He has a keen understanding for integrating business processes with information technology in the areas of Enterprise Resource Planning, Supply Chain Management and Corporate Performance Management.

T.S. is also an experienced entrepreneur, having launched two start-up companies, Aigis Systems and Organic-Biotech. T.S. received a BS and a Ph.D. in Science and Engineering from Seoul National University, and graduated with an MBA from the S. C. Johnson Graduate School of Management at Cornell University .
 

 

Andrew Clarke Back to top
Analyst


Andrew Clarke is an Analyst at Progress Partners, having joined in the summer of 2006. Previously, he has held positions at the US Army Corps of Engineers and Hemsley Fraser Group, a management consulting and training company based in London, where he assisted in projects for several Fortune 500 companies.

Andrew graduated from Skidmore College in 2005 with a BA in English and Government. Andrew is a General Securities Registered Representative.

 

Stephen Crosby Back to top
Analyst


Stephen is an Analyst at Progress Partners. Prior to joining Progress Partners, Stephen worked for Public Safety Canada, in the National Security Directorate’s Air Security Program, where he advised the Deputy Prime Minister of Canada on all airside security matters, analyzed and developed protocols for Canada/US terrorism watch lists, and helped implement biometric data in Canadian Passports. He is also a former member of the Royal Canadian Mounted Police force.

Stephen graduated with a Bachelors in Mathematics and in Chemistry from the University of Ottawa and holds an MBA in Finance and Investments, with honors, from Northeastern University.
 


April Monchik Back to top
Analyst


April Monchik is an Analyst at Progress Partners. Prior to joining Progress Partners, April conducted healthcare-related research for four years in the Cell and Developmental Biology department at Weill Cornell Medical College. Her focus was on the connection between the immune system and heart disease. For her thesis, she studied mechanisms of eye disease in the chick embryo. She also covered neuronal plasticity, evolution, ecology, and genetics in her graduate studies, and has worked in a clinical laboratory at New-York Presbyterian hospital.

April received her MS in biology from New York University and her BS in chemistry from Skidmore College. In her free time she enjoys sailing in Buzzards Bay, MA., ballroom dancing, theater, and opera.

 

Alison Starrett Back to top
Analyst


Alison Starrett is an Analyst at Progress Partners, having joined in the summer of 2007. Prior to graduating, she was an Attorney Development intern at Ropes & Gray LLP. She assisted the Attorney Development team in planning fall 2006 orientation for all new attorneys and conducted a firm-wide lateral analysis.

Alison graduated from Skidmore College in 2007 with a BS in Business Management and a Minor in Economics. She was a four year member of the Skidmore Field Hockey Team.

 


 

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