BALTIMORE, MD, January 2025 – Crescentia Capital, the equity buyout business of Calvert Street Investment Partners (“Crescentia”), is pleased to announce the promotions of Alex Puthumana and Seth Erlanger to Vice President and the hiring of Jack Mellin to the position of Associate.

Brian Guerin, Managing Partner, said, “We are extremely proud of Seth’s and Alex’s significant contributions to Crescentia’s thesis-driven strategy and value creation at our portfolio companies and are excited to recognize their growth within our firm. They are important members of our investment team and culture-carriers for the firm. We look forward to their future accomplishments in their new and well-deserved roles as Vice Presidents.”

Since joining Crescentia in August of 2020, Alex has developed new investment theses and played a meaningful or lead role in several platform and add-on acquisitions. Previously, Alex spent two years at Stifel in their infrastructure and industrial services group. He holds a Bachelor of Science degree in Finance from the University of Miami.

Seth joined Crescentia in July of 2022 and has also assisted with or led several new investments and refinancings for platform and add-on acquisitions to the portfolio. Previously, Seth was an Associate at Access Holdings. Prior to Access Holdings, he was an Analyst at Wells Fargo Securities in their Industrials and Energy and Power Groups. Seth holds a Bachelor of Science degree in Accounting and Finance from the University of Pittsburgh.

Brian further commented: “We are excited to have Jack on the team at Crescentia. He brings valuable skills and experience and has fit into our firm’s culture quickly.” Before joining Crescentia in September of 2024, Jack was an Analyst and Associate in the Diversified Services Group at investment bank, Stifel in Baltimore and New York.

About Crescentia Capital

Crescentia Capital, the equity buyout business of Calvert Street Investment Partners, focuses primarily on control investments in companies providing critical or essential services to the industrial and infrastructure end markets. Crescentia has been partnering with families and owner-operators to accelerate growth and drive value creation in lower middle-market companies since 1995. Crescentia collaborates closely with its operating partners and management teams, employing a disciplined investment approach that aligns our interests and commitment to the strategic growth plan. Collectively, the investment professionals have invested more than $605 million of capital (including co-investment amounts) across 70+ companies. For more information, please visit: www.crescentiacapital.com.