Jacmel Growth Partners, a minority-owned private investment firm focused on strategic growth and partnership with midsize companies, hired private equity and finance veteran Jorge Mora as co-managing partner. Mora and founder Nick Jean-Baptiste will work closely to lead Jacmel’s strategic growth efforts and continue the firm’s legacy of driving impactful investments in private companies and as a result, delivering positive change via increased diversity representation. In addition, the firm has been renamed Jacmel Partners, reflecting a new chapter and an ongoing effort to enhance the firm’s focus within infrastructure services, information services and tech-enabled business service opportunities.

Mora has three decades of experience in private equity and corporate advisory, having worked closely with many of the largest global private equity firms. From 2011 to 2016, he was vice chairman, senior managing director and head of U.S. financial sponsor coverage at Macquarie Group, where he first worked with Jean-Baptiste. During Mora’s tenure, he helped lead and grow Macquarie’s leveraged finance business. Earlier in his career, Mora was managing director and head of financial sponsor coverage at Lazard Freres & Co. and managing director at UBS Investment Bank. He also served as managing director at The Exxel Group, the largest private equity group in Latin America at the time.

“Jorge is an industry veteran with unmatched experience, insights and relationships across the private equity and investment banking industries,” Jean-Baptiste said. “I’ve seen first-hand the kind of culture building and leadership that Jorge can bring to the table, and Jacmel is incredibly excited to bring this to bear for our future LP partners. He’s a seasoned dealmaker with an outstanding ability to invest in well-positioned companies and work closely with company management to achieve ambitious growth goals. In addition, as one of the few Hispanic leaders on Wall Street for decades, Jorge inspired a generation of diverse talent, including me, within the industry. His continued passion and commitment to diversity and inclusion, while maintaining best practices, aligns directly with Jacmel’s mission. I could not be more excited to welcome Jorge as my partner.”

“Nick has built an extraordinary firm,” Mora said. “Having worked together and been friends for over a decade, this partnership is built on deep trust and belief in one another. Nick and I share similar work ethic, values and life stories as immigrants. We are aligned on providing best-in-class performance with our portfolio companies, and also empowering others to find success through our commitment to DEI on an individual, company and community level. I’m looking forward to working with Nick to drive forward a broader set of investment and impact opportunities under Jacmel Partners.”

In conjunction with Mr. Mora’s appointment and the firm’s rename, Jacmel will be moving its headquarters to 320 Park Avenue in Manhattan, New York. The move will allow for continued expansion of the Jacmel team.

“This is a pivotal time in Jacmel’s growth,” Jean-Baptiste said. “Jorge’s added expertise, together with our move in headquarters, will further position our team for continued success. Since Jacmel’s founding, our mission has been to invest in family-operated businesses with true growth potential. It’s exciting to imagine how much further impact we will make with Jorge’s partnership, clear commitment and shared vision. Our new name and joint ambitions further solidify this next chapter for us.”