Parthenon Capital Announces Latest Promotions, Anthony Orazio Promoted to Partner


BOSTON, MA — Parthenon Capital (Parthenon) is pleased to announce the firm’s latest round of promotions, including the promotion of Anthony Orazio to Partner.

Anthony joined Parthenon in 2014 and is responsible for sourcing and executing new financial and insurance services investments and working with those portfolio companies. Prior to joining Parthenon, Anthony was an investment professional at Oak Hill Capital Partners, where he was a member of the business & financial services industry group. Prior to Oak Hill, he worked in the investment banking group at Blackstone (nka PJT Partners). Anthony earned his BA in economics, with honors, from Swarthmore College.

“During Anthony’s eight years at Parthenon Capital, he has consistently demonstrated excellence in target sectors including wealth management, trust & custody, and insurance,” said Brian Golson, Co-CEO and Managing Partner. “His dedication has resulted in deep partnerships with our executive teams and outstanding results for our investors.”

“Anthony has played a significant role in a number of our most successful investments including Millennium Trust, Allworth Financial, EdgeCo Holdings and MRO,” added Dave Ament, Co-CEO and Managing Partner. “We are proud to promote him to Partner.”

In addition, Steven Bressler has been promoted to Principal and Tharald Fongaard to Vice President.

Steven Bressler joined Parthenon Capital in 2017. He is active in sourcing and executing new investment opportunities and working with portfolio companies in the healthcare industry. Prior to joining Parthenon, Steven was a Principal with Varsity Healthcare Partners and a Vice President at Riverside Partners. He was also an Associate at Frazier Healthcare Partners and a Senior Analyst at Shattuck Hammond Partners (nka Raymond James). Steven earned his BA from Duke University and his MBA from The Wharton School of the University of Pennsylvania.

Tharald Fongaard was promoted to Vice President this past September. Tharald joined Parthenon as an Associate in 2017 and has been active in sourcing and executing new transactions and working with current portfolio companies in a range of sectors. Prior to joining Parthenon, Tharald was an Associate at Strategy& in New York where he provided strategic advice to a broad range of institutional investors undertaking mergers or acquisitions. Tharald graduated from Princeton University with a BSE in operations research and financial engineering.

“Internal promotions have been critical to our growth and success. Well-deserved congratulations to Anthony, Steven and Tharald. We expect great things from them going-forward,” said Andrew Dodson, Managing Partner.


Parthenon Capital is a leading growth-oriented private equity firm with offices in Boston, San Francisco and Austin. Parthenon utilizes niche industry expertise and a deep execution team to invest in growth companies in service and technology industries. Parthenon seeks to be an active and aligned partner to management, either through recapitalization transactions or by backing new executives. Parthenon has particular expertise in financial and insurance services healthcare, and technology services, but seeks any service, technology or delivery business with a strong value proposition and proprietary know-how. For more information, visit