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Crawford brings 30 years of private equity investment and capital markets experience
Oklahoma ADA March 13, 2024–(BUSINESS WIRE)–The Chickasaw Nation today announced the formation of Pennington Creek Capital, a private capital investment company. The firm plans to open an investment office in Dallas, Texas, led by Curt Crawford, a longtime managing director at Hicks Equity Partners. Dan Bolen, Chairman of the Investment Company and Secretary of Chickasaw Tribe Commerce, reported: This new office, coupled with the recent launch of Good Springs Capital in mid-2023, will drive the continued expansion of the Chickasaw Nation’s diversification efforts.
Mr. Crawford joins Pennington Creek Capital, a wholly owned subsidiary of Sovereign Native Holdco, to expand the scope of its business and attract ambitious founders and visionaries with high growth potential. Accelerates the company’s strategy of investing in promising middle-market companies with strong cash flow profiles led by bright entrepreneurs. Strong market position.
“Sovereign Native Holdco is committed to driving economic expansion and growth for businesses through selective investments in established companies with solid leadership and strong values, while also supporting the people and the communities we serve. We have generated profits that can be used to provide quality programs and services for the betterment and advancement of society,” said Chickasaw Governor Bill Anoatubby.
“With Kurt’s 30 years of diverse investment experience around the world and extensive national relationships, we are confident that he will help us execute our investment strategy and develop new opportunities. ” Bolen said.
After earning a degree in economics from Vanderbilt University in 1995, Mr. Crawford began his career in high-yield bond trading at Bankers Trust in New York, then at Donaldson Lufkin & in New York and London. Jenrette (DLJ) and Dresdner Kleinwort Wasserstein (DKW). , in the United Kingdom, where he wrote equity research on companies as potential investments and assisted with common stock offerings and high-yield debt trading. While in the UK with DLJ and his DKW, he traveled throughout Europe to meet with institutional investors and then returned to the US to pursue his MBA at Duke University.
For the past 19 years, Mr. Crawford has executed, managed and directed a wide range of investment assignments in the Private Equity Investment Group of the Thomas O. Hicks Family Office. At Hicks Equity Partners, Mr. Crawford identified selective investments ranging from $10 million to $100 million in mid-market companies valued between $30 million and $500 million; Specialty manufacturing, civil aerospace and defense, food and beverage, software, oil and gas companies and power distribution companies, and more.
“Kurt’s outstanding success in identifying and leading significant investments will bring new perspective and energy to our company. We are excited to have him on board and look forward to the future. ,” Bolen said.
“I am excited to join Pennington Creek Capital and join an experienced and respected organization focused on investing with a larger purpose: improving the overall quality of life for the Chickasaw people. I’m excited,” Crawford said. “Additionally, I have long admired the business acumen of the Chickasaw Nation and deeply respect the leadership of Governor Anoatubby and Secretary Boren. I look forward to the next chapter of my career. I am a strong believer in being a person who is patient and committed over the long term.” -Chickasaw Nation Term Capital is a company that is committed to increasing the institutional private equity firm’s increasingly short-term holding periods. An attractive alternative. ”
About the Chickasaw Nation
With more than 80,000 people, the Chickasaw Nation is a democratic republic with an executive, legislative, and judicial branch elected by the people. The tribe’s treaty territory includes 7,648 square miles of southcentral Oklahoma and includes all or part of 13 Oklahoma counties. The Chickasaw Nation contributes billions of dollars to Oklahoma’s economy each year and employs approximately 14,000 workers. Corporate profits are the primary source of funding for more than 200 tribal programs and services, including health care, housing, and education for Chickasaw citizens and Indian tribes.
View source version on businesswire.com. https://www.businesswire.com/news/home/20240313308833/ja/
contact address
Media contact:
Paul Caminiti / Delia Canaan
leave mark
(212) 433-4600
ChickasawTeam@reevemark.com
Pennington Creek Capital Contact Information:
curt crawford
(214) 208-6845
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