NexPhase Capital Appoints Shahryar Shaghaghi as Executive Advisor

New York, NY-December 05, 2023

NexPhase Capital, LP (“NexPhase” or the “Firm”), an operationally-focused, independent private equity firm, today announced the appointment of Shahryar Shaghaghi as an Executive Advisor focusing on cybersecurity, data privacy, and IT infrastructure management. In this role, Mr. Shaghaghi will provide strategic and operating support to NexPhase’s portfolio companies across all sectors. Mr. Shaghaghi’s appointment is effective immediately.

An experienced technology and risk management executive with a track record of success in relevant leadership positions, Mr. Shaghaghi joins NexPhase as a member of the Firm’s Executive Advisory Board. NexPhase’s Executive Advisory Board, which is comprised of distinguished veterans of the business and financial community across the consumer, healthcare, and software sectors, provides counsel to the Firm on its investment strategy and support to NexPhase’s portfolio companies, which NexPhase believes adds meaningful value and promotes growth beyond what such companies could achieve on their own.

“We are pleased to welcome Shahryar to NexPhase’s Executive Advisory Board,” said Bob Gartland, Partner at NexPhase. “With over three decades of experience and deep expertise in technology and risk management, Shahryar is uniquely positioned to help NexPhase and its portfolio companies enhance their posture and extract more value in the areas of cybersecurity, data privacy, and IT infrastructure management. Shahryar will be an immediate asset to our team and I look forward to working collaboratively with him in this role.”

“With NexPhase’s focus on their portfolio companies’ operational optimization, I am honored to join the Executive Advisory Board to be able to leverage my experience in technology risk, cybersecurity, and data privacy across all investment sectors,” said Mr. Shaghaghi.  “In joining a diverse team of experts and seasoned practitioners, I am excited to help NexPhase with their investment strategy.”

About Shahryar Shaghaghi

Mr. Shaghaghi is a senior executive in technology and risk management, focused on cybersecurity and data privacy programs with over 30 years of experience across a wide range of organizations in various leadership roles. He has also been a lecturer with Columbia University’s School of Professional Studies for more than 4 years, and currently a Professor of Practice focusing on Technology Risk Management and related courses.

By leveraging his extensive cybersecurity, technology, and risk management implementation and leadership experience garnered from his tenure with major global consulting, financial services, and government entities, Mr. Shaghaghi has successfully helped many organizations achieve their goals and optimize their critical and strategic programs while managing and mitigating risks.

About NexPhase Capital

NexPhase Capital is a thematically driven and operationally focused lower middle-market private equity firm that makes control investments in growth-oriented and capital-efficient companies within three distinct industry verticals: healthcare, software, and consumer. NexPhase partners with companies that have reached a growth inflection point and are seeking a value-added partner to help navigate the company’s “next phase.” The NexPhase team has extensive industry and operational experience and NexPhase’s Partners have invested together for over a decade. NexPhase has completed over 100 investments, including add-ons, and targets control equity investments between $25 million and $150 million. Since inception, NexPhase has raised and managed approximately $2.6 billion of capital. For more information, please visit www.NexPhase.com.