Boston-based Berkshire Partners has named EJ Whelan a managing director, effective 1 January.
Whelan joined the mid-market firm in 2005 and focuses on Berkshire’s consumer products, retail and business services companies. Prior to joining Berkshire, Whelan worked at Boston-based growth capital investor Summit Partners for two years and also worked on the management team at Sterling Auto Body Centers, a portfolio company of Summit. He was previously an associate consultant at Bain and Company.
The promotion brings the firm’s managing director team to 14 individuals. Last January, Berkshire promoted former principals Sharlyn Heslam and Elizabeth Hoffman managing directors.
Berkshire was unavailable for comment at press time.
Berkshire is currently investing its eighth fund that closed on $4.5 billion in July 2011. Limited partners in Fund VIII include the Texas District and County Retirement System, Florida State Board of Administration, Pennsylvania State Employees’ Retirement System, The Tennessee Consolidated Retirement System and the University of Michigan’s Board of Regents.
Berkshire invests between $50 million and $500 million in companies ranging from consumer products, retailing and related services, business services, transportation, energy, industrial manufacturing and communications.
The firm's total investment staff is comprised of 47 people. Berkshire has invested in over 100 mid-market companies from its eight funds with aggregate capital of over $11 billion.