BBH Capital Partners, the private equity arm of Brown Brothers Harriman, added Elena L. Tuttle and Karima Ali-Ahmad as vice presidents and business development officers. Tuttle, who is based in Charlotte, NC, and Ali-Ahmad, who is based in Chicago, will focus on investment sourcing and business development and report to Alice M. Birnbaum, head of business development at BBH Capital Partners.
“We are excited about the expansion of the business development team,” Bradley M. Langer, co-manager of BBH Capital Partners and managing director of Brown Brothers Harriman, said. “With the successful recent fundraise of CP VI [BBH Capital Partners VI] and the continued momentum of CP Opportunities Fund, it was an opportune time for us to add additional business development executives in new geographies to source high-quality investment opportunities.”
Prior to joining BBH Capital Partners, Tuttle was a business development officer with PNC Business Credit in its Charlotte, NC, office, where she sourced and structured senior secured lending solutions for middle-market businesses pursuing management buyouts, recapitalizations, acquisitions, refinances, growth capital and turnarounds. Earlier in her career, she held various sales roles within PNC’s corporate and institutional bank in its Atlanta, Cleveland and Pittsburgh offices.
Ali-Ahmad came to BBH Capital Partners from Guggenheim Partners, where she led business development and origination efforts specific to founder-, family- and entrepreneur-owned companies, with an emphasis on non-control investment opportunities. She began her career at Goldman Sachs, where she held various roles across the operations and investment management divisions in New York and Chicago.
“BBHCP strives to be the partner of choice for closely held businesses. We remain focused on providing patient, flexible capital to founder-, family- and management-owned businesses across industries,” Birnbaum said. “Elena and Karima’s prior experience working directly with business owners will enable us to extend our reach and continue our momentum of capital deployment.”
