Meritage Funds Names Solomon Managing Director

Jul 12 2011 | 8:27am ET

Denver, Colorado-based Meritage Funds has appointed company co-founder and operating partner David L. Solomon as a managing director.

Solomon, who has 16 years of operating and entrepreneurial experience and 13 years of public accounting experience, currently serves as chairman of the board of Meritage portfolio company IP Commerce and served as director of Meritage portfolio company Diveo Broadband Networks until its sale in December 2010. Solomon was CEO and later executive chairman of Meritage portfolio company NuVox Communications from November 1999 until its $643 million acquisition by Windstream Corporation in November 2009. Prior to NuVox, Solomon served as CFO of Brooks Fiber Properties (acquired by WorldCom for $3.4 billion) and as a partner with KPMG. 

"David's proven entrepreneurial, management and investment judgment will be key to the firm's ongoing success," stated Jack Tankersley, founder and managing director of Meritage Funds.  "With David's decision to assume a leadership role, the firm's long-term future is bright."

Founded in 1998, Meritage is a Denver-based manager of three investment funds representing more than $600 million of committed capital. The company is currently investing Meritage Fund III.


In Depth

Exotic Assets: Investing In Rare Violins

Jan 17 2017 | 4:43pm ET

By definition, alternative investments include exotic assets far beyond your typical...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

The Trump Administration: What It Could Mean for Carried Interest

Jan 19 2017 | 5:25pm ET

The arrival of the Trump administration brings the potential for a repeal of the...

 

From the current issue of

Versum Materials (VSM), with a market capitalization of $2.7 billion, enables chipmakers to achieve higher performance at lower cost with enhanced reliability. Versum is a leading global provider of electronic materials for the integrated circuit and flat-panel display markets.