CapX Partners promoted three team members located at the firm’s Chicago offices. Peter Washington, promoted to director, will be managing transaction underwriting and portfolio management. Justin Wirt and Jim Fox were promoted to associate.

“These promotions recognize each individual’s hard work and dedication to the firm. As we continually look for opportunities to improve and grow our business, we want to recognize members of our team who embrace our firm’s mission,” said Jeffry Pfeffer, managing partner.

Washington joined the firm in 2009. Prior to joining CapX, he worked in the commercial lending and institutional sales divisions at the Northern Trust Company.

Both Wirt and Fox joined CapX in 2015. Wirt previously was a management consultant at Plante Moran in the business valuation group. Fox was a commercial banking officer for Wintrust Financial.

Chicago-based CapX Partners is a specialty finance company that focuses on private equity and venture backed portfolio companies looking for debt financing in the $2 million to $20 million range.