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May 01, 2017 Firm News

Grain Management Adds Paul Licursi as Chief Financial Officer and Raghav Nayar as Vice President

Grain Management (“Grain”), a Washington, D.C.-based private equity firm, announced today that Paul Licursi and Raghav Nayar have joined the firm.

Mr. Licursi has joined as Managing Director and Chief Financial Officer, bringing over 23 years of private equity experience to the team.  Previously, Paul was the Chief Operating Officer at TH Lee Putnam Ventures, a technology-focused private equity firm.  Prior to TH Lee, Paul was the Chief Financial Officer at GE Equity, a subsidiary of GE Capital. Paul also held a variety of senior leadership positions at GE Capital after starting his career in the audit practice of KPMG. Paul is also a co-founder of Long Ridge Equity Partners, a financial services private equity firm.

As a new Vice President on the investment team, Mr. Nayar will be responsible for deal origination, investment underwriting, portfolio performance tracking, and analytical support.  Previously, Mr. Nayar worked as a Vice President at Morgan Stanley where he worked in the Asset Finance Group structuring and executing divestitures, structured financings, and esoteric securitizations across a variety of assets including cell towers, wireless spectrum, media, and other industries.

David Grain, Founder and CEO at Grain said: “We believe adding Paul to the team supports Grain in increasing operational excellence in this mission-critical business function.  Both Paul and Raghav are welcome additions to the team, as we work to capitalize on the opportunities afforded by a larger portfolio.”  Mr. Licursi is a Certified Public Account, received an M.B.A. from the Gabelli School of Business at Fordham University and graduated summa cum laude from Iona College.  Mr. Nayar received his Bachelor of Technology in Biotechnology Engineering from Thapar University and his MS in Finance from John Hopkins University.

About Grain Management, LLC

Grain is a leading private equity firm focused on investments in the communications sector. Established in 2007, the firm manages capital for a number of the country’s leading academic endowments and public pension funds.

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