Berkshire Partners Announces Three New Managing Directors

BOSTON--(BUSINESS WIRE)--Berkshire Partners, a growth-oriented investor in private and public markets, today announced the appointment of Candice Corvetti, Ted Rainaud, and Drew Walker as Managing Directors of the firm.

• Candice Corvetti joined the firm in 2014 as a Vice President after receiving an M.B.A. from Stanford Graduate School of Business. She is a member of the Services & Industrials team and currently helps lead the firm’s investments in Parts Town, Advanced Drainage Systems, and AHEAD.

• Ted Rainaud joined the firm in 2010 as an Associate and returned in 2014 after receiving an M.B.A. from Stanford Graduate School of Business. He is a member of the Services & Industrials team and currently helps lead the firm’s investments in FoodChain ID, Harvey Performance Company, and SRS Distribution.

• Drew Walker joined the firm in 2010 as an Associate and returned in 2014 after receiving an M.B.A. from Harvard Business School. He is a member of the Communications & Digital Infrastructure team and currently helps lead the firm’s investments in Teraco, MedOne, and Opensignal.

“Candice, Ted, and Drew are outstanding members of our private equity team. They embody the best of Berkshire Partners’ values across their investment activity, portfolio support, and overall firm involvement, and we are thrilled to announce their appointments to Managing Director,” said Samantha Adams, Managing Director, Talent at Berkshire Partners. “We thank each of them for their dedication and look forward to seeing them continue to thrive as leaders in our firm.”

About Berkshire Partners

Berkshire Partners is a 100% employee-owned, multi-sector specialist investor in private and public equity. The firm invests in well-positioned, growing companies across communications & digital infrastructure, consumer, healthcare, services & industrials, and technology. Since inception, Berkshire Partners has made more than 150 private equity investments and has a strong history of collaborating with management teams to grow the companies in which it invests. For additional information, please visit www.berkshirepartners.com.