ST. LOUIS--(BUSINESS WIRE)--Advantage Capital Partners, a leading venture capital and small business finance firm, is proud to welcome managing director Scott Murphy back to the firm, where he assumes the role of chief investment officer.
Mr. Murphy re-joins the firm after serving in the United States Congress, where he represented New York’s 20th Congressional District from 2009-2011. He previously worked at Advantage Capital from 2001-2009, overseeing the $88 million New York investment portfolio. Prior to his tenure at Advantage Capital, Mr. Murphy co-founded three high-tech companies, including a game company that brought fantasy football and baseball to the Internet. In addition to his time in Congress, Mr. Murphy previously worked in the administrations of two Missouri Governors, including serving as Deputy Chief of Staff.
“We are excited to welcome Scott Murphy back to the firm,” said Steven Stull, President of Advantage Capital Partners. “Scott is a highly esteemed colleague with a wide range of private sector and public sector experience that lends itself well to our ‘double bottom line’ investment mission at Advantage Capital Partners. We’re delighted to have him back once again in a full-time, critically important role leading our investment group and assuming a strategic role in our broader organization.”
Mr. Murphy graduated magna cum laude from Harvard University. He has earned the right to use the Chartered Financial Analyst designation. A former President of the Upstate Venture Association of New York, Mr. Murphy maintains a strong commitment to civic affairs.
About Advantage Capital Partners
Advantage Capital Partners is a leading venture capital and small business finance firm focused on providing growth capital and other investments supporting state and local economic development efforts. The firm's typical forms of investment include early stage, expansion equity, mezzanine financing, senior and subordinated loans and government-guaranteed lending. With offices and partners in St. Louis, New Orleans, New York and other U.S. cities, Advantage has raised more than $1.6 billion in institutional capital since 1992 and invests in companies located in geographic areas underserved by traditional capital.