Richard Gersten

Senior Advisor

Mr. Richard Gersten is presently a Senior Advisor to Tengram Capital Partners, a consumer private equity firm formed to invest in the consumer and retail sectors. Mr. Gersten has over 26 years of experience in the private equity industry and has spent the last 20 years focused exclusively on the consumer and retail sector, with an emphasis in the beauty and personal care industry. He currently sits on the board of directors of Algenist, Cos Bar, Lime Crime, Revive and formerly sat on the board of directors for Laura Geller Beauty, This Works, Active Ride Shop, NEST Fragrances and Deva Curl.

Prior to joining Tengram, he was a Partner at Catterton Partners, a leading private equity firm with an exclusive focus on providing equity capital to small to middle market consumer companies who are well positioned for attractive growth. During his time at Catterton, he was responsible for sourcing, evaluating and executing transactions in the consumer industry and post investment monitoring for companies. Mr. Gersten served on the board of directors of Strivectin, Aquasana, Van's Natural Foods, Monosol, and Dr. Miracle's.

Prior to joining Catterton, he was a Partner at North Castle Partners, a private equity firm focused on consumer investments that benefit from healthy living and aging trends. During his time at North Castle, he originated, executed and monitored investments primarily in the personal care, fitness and recreation and nutrition industries. He led the firm's focus in the Beauty and Personal Care industry and successfully completed investments in Avalon Natural Products, DDF Skincare and GloMinerals.

Prior to joining North Castle, Mr. Gersten was a Principal at NMS Capital, the merchant banking arm of NationsBanc Montgomery Securities. Prior to joining NMS Capital, he spent five years at BT Capital Partners, the private equity arm of Bankers Trust, where he helped originate, evaluate and monitor both control and minority investments in middle market companies. Prior to joining BT Capital, Mr. Gersten was an Associate in the middle market leveraged finance group at Chemical Bank.

Mr. Gersten received a B.S. in Economics from Union College (N.Y.) and an M.B.A. from the Wharton School at the University of Pennsylvania. He lives in Westchester County with his wife and two children. He and his family are very active with the Mareri Fareri Children's Hospital at Westchester Medical Center.