On Tuesday, July 24, GT Entrepreneurs gave a warm welcome to 3 River Capital's Michael Zhong. Michael is a University of Illinois graduate with a degree in economics and a MBA from Carnegie Mellon. After several positions in various business development roles, Michael joined 3 Rivers Capital where he now resides as Vice President. He is responsible for sourcing new deals and managing current portfolio companies.
Michael informed the interns on his day-to-day functions and the deals he's encountered during his time in private equity. 3 Rivers Capital focuses primarily on business-to-business services or supply chain in the healthcare, IT, and energy sectors. Their recent deals include companies in nickel and chrome plating, automotive aftermarket parts, and performance wheels. Michael spoke about the challenges he faced from outside macro influences to aligning management interests and sourcing avenues of growth.
The interns were able to gain a stronger grasp on private equity and learn more about the deal process. GTE thanks Michael for his time and insight!