Wednesday, January 04, 2012

Washington, D.C. – Paladin Capital Group, a leading multi-stage private equity firm based in Washington D.C., is pleased to announce the promotion of Dr. Paul Conley to Managing Director. Dr. Conley possesses a broad set of skills and deep experience base as an investor, entrepreneur and technologist and has been a key principal leading new investments for the firm. Paladin Capital Group also promoted Christopher Steed to Vice President from Senior Associate and Gibb Witham to Senior Associate from Associate.

“Paul’s knowledge and expertise covers the spectrum,” said Michael Steed, Paladin Capital Group’s founder and managing partner. “We continue to be inspired by all that Paul brings to the team, and we’re also thrilled to be promoting Christopher and Gibb.”

Since joining Paladin in 2007, Dr. Conley provides “hands on” support and oversight to Paladin’s portfolio. Before joining the team, Paul’s 15 years of technology and entrepreneurial experience saw him leading the effort to modernize mission critical software across more than 70 agencies in Washington D.C. He was the cofounder and chief executive of BrightScale, a Silicon Valley-based fab-less semiconductor company, and of Appfluent Technology, a business intelligence infrastructure software firm. Dr. Conley spent nearly a decade in various R&D roles in the fields of supercomputing, fluid dynamics, materials science, combustion physics and biomedical engineering – including post-doctoral work at Los Alamos National Laboratory. He earned his PhD in Computational and Applied Physics and an MS in Bioengineering from the University of California San Diego, as well as an MS and BS in Mechanical and Aerospace Engineering from the University of Virginia.

Christopher Steed joined Paladin in 2008 after working at Merrill Lynch. Mr. Steed holds his Series 7, Series 66 and Series 79 certifications and is licensed as an Investment Advisory Representative as well as an Investment Banking Representative with FINRA. He is also a member of the Chartered Alternative Investment Analyst Association. He graduated from Duke University with a BA in political science.

Gibb Witham joined Paladin in 2011 and focuses on early and growth stage investments in technology companies. Prior to joining the Paladin team, he worked as an engagement manager in IBM’s strategy consulting practice where he advised technology, life sciences and retail clients on growth strategies for emerging business units. Gibb graduated cum laude from Columbia University with a BS in chemical engineering.