BOSTON--(BUSINESS WIRE)--Arctaris Impact Investors, LLC (“Arctaris”) and its affiliate management companies announce the addition of Mark Garcia as Chief Financial Officer. Mr. Garcia joins Arctaris after 13 years at Thomas H. Lee Partners, where he served as Co-Chief Financial Officer.
“On behalf of Arctaris, I am very pleased to welcome Mark Garcia, to our leadership team as our firm continues to grow,” said Jonathan Tower, Founder and Managing Partner of Arctaris. “His extensive background in accounting and financial leadership will make an immediate impact as we fulfill our mission of investing in underserved communities with transparent reporting to our investors.”
Arctaris is committed to delivering broad social impact and investment performance in a highly controlled business environment. The firm is investing in expanding its leadership infrastructure which was recently demonstrated with the addition of Alan Halfenger as Chief Compliance Officer, formerly Global Chief Compliance Officer for Bain Capital, LP.
“I am excited to join Arctaris, a firm whose mission is creating economic opportunities and pathways to prosperity in under-resourced communities,” said Mr. Garcia. “Arctaris has unique public private partnerships, a strong investment model and a dedicated team of professionals. I look forward to executing on the firm’s priorities and enhancing reporting for all investors.”
Prior to joining Arctaris, Mr. Garcia was the Co-Chief Financial Officer at Thomas H. Lee Partners, where he focused on fund accounting, tax preparation and assisting with fundraising, compliance reporting, and deal structuring process. He started his accounting career as an Auditor at Arthur Andersen, LLP, formerly one of the "Big Five" accounting firms, where he specialized in private equity. Mr. Garcia also held various financial leadership roles at Bingham Legg Advisors, LLC and Globespan Capital Partners.
Mr. Garcia holds a Bachelor of Arts in Russian Studies from Colgate University and a Master’s in Accounting from the University of Hartford Barney School of Business. He is also a Certified Public Accountant.
About Arctaris Impact Investors
Arctaris Impact Investors, LLC is a Boston-based impact investment firm with experience spanning more than 12 years and six funds, with both debt and equity investments. The firm manages funds which invest in growth-oriented operating businesses and community infrastructure projects located in underserved communities. Founded in 2009, Arctaris has partnered with the Kresge Foundation, Harvard Business School Professor Michael Porter’s Initiative for a Competitive Inner City, and multiple other foundation, federal and state government agencies to invest in Opportunity Zones, inner cities and targeted rural communities throughout the U.S., with the aim of delivering above-market investment returns alongside positive social impact.
For more information visit www.arctaris.com or for press inquiries contact ir@arctaris.com.
