FTV Capital Announces Promotion of Adam Hallquist to Partner

Firm announces additional promotions across investment, talent and technology teams

NEW YORK & SAN FRANCISCO--(BUSINESS WIRE)--FTV Capital, a leading sector-focused growth equity investment firm, today announced the promotion of Adam Hallquist to partner. He will lead investments in FTV Ascend with a continued focus on vertical software, payments and financial technology and services.

Since joining FTV in 2014, Hallquist has built an extensive track record of sourcing, executing and supporting investments across vertical software and financial technology and services, helping to expand the firm’s franchise in these sectors. He currently serves on the boards of ConnexPay, Docupace, JustPark and ProfitSolv, and as a board observer at LoanPro. Hallquist was actively involved in several successfully exited investments, including Finaro, Riskalyze, Sunlight Financial, True Potential, VPay and Xplor. Prior to joining FTV, Hallquist was an investment banking analyst at Financial Technology Partners. He earned a B.B.A. in finance with a second major in economics from Emory University.

As partner, Hallquist will help scale FTV’s Ascend strategy, which focuses on smaller growth equity investments within FTV’s core sectors with flexibility to pursue both control and minority positions. The inaugural FTV Ascend I fund launched with $651 million in capital commitments as part of the firm’s record $4.05 billion fundraise announced in January 2025 and has made three investments to date, including 360 Privacy, Saphyre and Validus.

“Over more than a decade at FTV, Adam has distinguished himself as a thoughtful investor, trusted partner to founders and respected leader at the firm,” said Brad Bernstein, managing partner at FTV Capital. “He combines deep domain expertise with disciplined investment judgment and a consistent focus on helping entrepreneurs achieve long-term value. Adam’s experience and track record have meaningfully strengthened our investment platform, and we look forward to his continued impact at FTV.”

FTV announced several additional promotions across its investment team:

• Sam Kider was promoted to senior vice president – financial technology and services.
• Lisa Latrèche was promoted to senior vice president – vertical software.
• Payam Vadi was promoted to senior vice president – vertical software.
• Brandon Nestor was promoted to vice president – vertical software.
• Brian Papsin was promoted to vice president – enterprise technology and services.
• Adrian Radzyminski was promoted to vice president – enterprise technology and services.

FTV also announced four promotions on its talent and technology teams:

• Padget Luetgerath was promoted to senior vice president supporting both internal talent initiatives and portfolio value creation as part of FTV Propel®.
• Rashid Sultan was promoted to vice president of information technology and security.
• Casey Greenbaum was promoted to senior associate of technology and ProSourcer® software development.
• Shannon Hanney was promoted to associate of talent operations.

About FTV Capital
FTV Capital is a sector-focused growth equity investment firm that has raised more than $10.2 billion to invest in innovative, high-growth companies across financial technology and services, vertical software, enterprise technology and services, and healthcare technology and services. Founded in 1998, FTV has developed a highly differentiated and disciplined growth equity model, which leverages the firm’s deep domain expertise and thematic investing approach to help portfolio companies accelerate growth. FTV also provides companies with access to its Global Partner Network®, a strategic group of more than 600 executives from many of the world’s leading enterprises, and FTV Propel®, an in-house team of seasoned operational leaders who deliver counsel and resources across a range of critical business functions. FTV has invested in over 150 portfolio companies, including Agiloft, Docupace, EBANX, Lean Solutions Group, LoanPro, Neptune Flood Insurance, ReliaQuest and Vagaro, and successfully exited/partially exited Centaur (acquired by Waystone Group), Egress (acquired by KnowBe4), Enfusion (acquired by Clearwater Analytics), RapidRatings (recapitalized), VPay (acquired by Optum) and WorldFirst (acquired by Ant Financial). For more information, please visit www.ftvcapital.com and follow the firm on LinkedIn.