Washington, D.C. – January 17, 2023 – Paladin Capital Group, a Washington, D.C.-based multi-stage investor specializing in cyber and advanced technology, is pleased to announce the promotion of Tom Clute to Principal and Frank Hodas to Senior Vice President, Finance.

Tom Clute joined Paladin Capital Group in 2010 and has a central role in the firm’s evaluation and execution of its investment mandate. Tom’s demonstrated investment track record and unique insights into the landscape of cyber innovation and opportunities make him an invaluable member of the investment team. He leads the firm’s investments in DarkwebIQ, Greynoise, Hubble and Semperis, as well as works with Expel and Secure Code Warrior. Tom also worked with prior portfolio companies Cloud Conformity (acquired by Trend Micro), PhishMe (acquired by BlackRock) and Vectrix (acquired by Cloudflare). He earned his MMS and Bachelor’s degree from Duke University.

Frank Hodas has been with Paladin Capital Group since 2012, most recently serving as Vice President of Finance and managed accounting, reporting, and fund administration for Paladin. Throughout the uncertainty of the pandemic, Frank skillfully managed the firm’s ability to continue providing its limited partners with important information about fund performance. Frank also has been instrumental in scaling Paladin’s financial processes to accommodate the growth in the firm’s assets under management, limited partners, and portfolio companies. Frank holds a Bachelor of Accountancy degree from The George Washington University and is a Certified Public Accountant.

“I am incredibly proud of Tom and Frank’s accomplishments and these well-deserved promotions,” said Michael Steed, Founder and Managing Partner of Paladin Capital Group. “Over the past decade, Tom and Frank have demonstrated their dedication to the firm, continuously looking for new investments and ways to serve our investors to the best of our ability. I am excited to see what they accomplish in their new roles as they take on new responsibilities and opportunities.”

Tom and Frank’s promotions are effective immediately.

About Paladin Capital Group

Paladin Capital Group was founded in 2001 and has offices in Washington DC, New York, London, Luxembourg, and Silicon Valley. As a multi-stage investor, Paladin’s core strength is identifying, supporting and investing in innovative companies that develop promising, early-stage technologies to address the critical cyber and advanced technological needs of both commercial and government customers. Combining proven investment experience with deep expertise in global security, cyber technology and cutting-edge research, Paladin has invested in more than 60 companies since 2008 and has been a trusted partner to investors, entrepreneurs and governments for over two decades.

For more on Paladin Capital Group, follow us on Twitter at @Paladincap and on LinkedIn at https://www.linkedin.com/company/paladin-capital-group or visit us at www.PaladinCapGroup.com.