RADNOR, Pa., Feb. 20, 2013 /PRNewswire/ -- Element Partners, a leading energy, industrial, and environmental technology private equity firm, announced today the promotions of Sam Gabbita to Managing Director and Charles A. Silio and Nitin Gupta to Principal.
David Lincoln, Managing Partner of Element, said, "We are pleased to recognize Sam's, Charlie's and Nitin's contributions with these promotions. Over the past several years, they have all played increasingly key roles for the firm: sourcing and closing new investments, working with the management teams of our portfolio companies, and taking on increasing responsibilities and leadership roles within the firm. These promotions reflect our continued commitment to them and the development and growth of our team."
Sam Gabbita joined Element in 2006. Most recently, he led the firm's investment in Agility Fuel Systems and has been actively involved in investment themes such as clean transportation, environmental services, energy efficiency and specialty waste. Sam currently serves as a director of Agility Fuel Systems, Five Cubits, and Wasatch Wind, and as a board observer with ARXX Building Products. He previously worked in the restructuring advisory group of Lazard, as an Associate with private equity firm Nautic Partners, and as a Financial Analyst with Salomon Brothers.
Nitin Gupta joined Element in 2007 and has been actively involved in Element's investment activity in water services, energy infrastructure, industrial automation, and building products. Nitin currently serves as a director of 212 Resources and as a board observer at Quench USA. He previously worked as an investment banking Analyst at Lazard and as a technology consultant at PricewaterhouseCoopers.
Charlie Silio joined Element in 2009 and has been actively involved in Element's investment efforts in business services and software serving the energy, environmental, and supply chain end markets. He currently serves as a director of Agility Fuel Systems and as a board observer with Environmental Drilling Solutions. Charlie was previously an Associate in the private equity group of D. E. Shaw & Co., an Associate with private equity firm GTCR, and an investment banking Analyst at Lazard.
About Element Partners
Element Partners is a leading growth equity firm dedicated solely to companies providing innovative products, software, and services to the global energy, industrial, and environmental markets. Element has a long history of providing companies with the financial resources, industry contacts, and strategic insights necessary to maximize growth and shareholder return. Element's team has successfully managed over $1.25 billion in capital commitments spanning six investment partnerships. For more information, please visit www.elementpartners.com.
SOURCE Element Partners