Team


EXECUTIVE TEAM

Scott E. Brown
Managing Director, Chief Financial Officer and Chief Compliance Officer

As head of finance and operations at Formation Capital, Scott Brown has overall responsibility for private fund structuring and investment operations including fund administration, cash management, financial reporting and controls, tax compliance, SEC/RIA policies and procedures, and IT infrastructure and security. Additionally, Scott is actively involved in asset management, transactions, and as board member on various portfolio companies. In addition, he serves as the Chief Financial Officer, the Chief Compliance Officer, and board member of Formation Capital and chairs the valuation and compliance committees.

Prior to joining Formation Capital in 2007, Scott served in various executive-level corporate finance, general management, and private equity advisory positions.

Scott earned a BS in mechanical engineering with high distinction from Worcester Polytechnic Institute and an MBA from Harvard Business School.


Stephanie Hamner
Managing Director, Asset Management

Stephanie Hamner is responsible for asset management, fund administration, portfolio compliance and investor reporting.  Prior to joining Formation Capital in 2012, she worked in GE Healthcare Financial Services’ real estate group for six years, most recently as a Vice President concentrating on underwriting and portfolio management.  Prior to joining GE HFS, Stephanie was the Manager of Financial Planning & Analysis at CNBC and a Senior Investment Analyst for GE Capital.

Stephanie earned her BA in Economics with honors from Vanderbilt University.


Sheryl Marcet
Managing Director, Acquisitions

Sheryl Marcet is involved in all aspects of Formation Capital's acquisition efforts including origination, structuring and execution as well as strategic initiatives for portfolio companies.

Prior to joining Formation In September 2017, she held a similar business development role at Omega Healthcare Investors. She began her healthcare career at GE Healthcare Financial Services and Heller Financial in a credit role focused on both Healthcare Services and Real Estate.

Sheryl has served on the board of the American Senior Housing Association (ASHA) and various committees for the National Investment Center for the Senior Housing and Care Industry (NIC).

Sheryl holds a BS from Southern Illinois University and an MBA from DePaul University.


Darren Margulis
Managing Director, Formation Lending Group

Darren Margulis joined Formation Capital in 2015 to co-launch the Formation Lending Group. Darren leads Risk and Portfolio Management for the platform.

Prior to joining Formation, Darren was Executive Director at Oxford Finance in a similar role. Previously, he has also worked at GE Healthcare Financial Service and Heller Financial in various credit roles focused on both Healthcare Services and Real Estate.

Darren holds a BS from Indiana University-Bloomington


David Russ
Chief Investment Officer

David Russ is involved in all aspects of Formation Capital's acquisition efforts including origination, structuring and execution as well as strategic initiatives for portfolio companies.

Prior to joining Formation Capital in March 2010, David enjoyed a ten-year investment banking career in New York including eight years with Bear Stearns and two years with RBC Capital Markets. His experience focused on private equity financing and included more than 50 transactions representing more than $30 billion of capital across various industries including healthcare, aerospace and defense, consumer products and technology.

David earned his BA with honors from Vanderbilt University, an MBA from Duke University and the Chartered Financial Analyst designation.


Ashish Shah
Managing Director, Formation Lending Group

Ashish Shah joined Formation Capital in 2015 as part of launching Formation Lending Group (FLG). Ashish leads business development and managing capital markets activities.

Prior to joining Formation, Ashish was a Senior Director at Oxford Finance in a business development and capital markets role. Previously, he has also worked at GE Healthcare Financial Services and Heller Financial in business development and underwriting roles.

Ashish holds a BBA in Finance from the University of Iowa and a MBA from the University of Chicago Booth School of Business.


Matt Sedgwick
Senior Vice President

Matt Sedgwick is involved in all aspects of Formation Capital's acquisition efforts including origination, structuring and execution as well as strategic initiatives for portfolio companies. Prior to joining Formation Capital in October 2017, Matt was Senior Vice President of Finance for Capstone Logistics, a third party logistics provider where he was responsible for reporting, analysis, treasury, accounting, budgeting, acquisition due diligence and integration. Previously Matt worked at MBF Healthcare Partners, in the healthcare group at GE Capital and in investment banking at Morgan Stanley and Goldman Sachs.

Matt earned his BBA with honors from the University of Georgia and a MAcc from the University of Texas at Austin.