Alec Hufnagel

Alec Hufnagel is an Investment Partner at Kelso & Company, a North American-focused middle-market private equity firm based in New York. Kelso says it has invested private equity capital since 1980 and has made more than 130 investments across multiple sectors.

Hufnagel joined Kelso in 2008. Before Kelso, he spent two years in Deutsche Bank’s Leveraged Finance group, giving him a credit and transaction-finance background before moving into private equity investing.

At Kelso, Hufnagel focuses primarily on business services investments and previously worked on the firm’s energy-sector efforts. Kelso lists him as a current director of Bridgenext, BradyPLUS, Inovar, Novvia Group, and Zenith Energy, and as previously active in Harbor Community Bank, Hunt Marcellus, Oceana Therapeutics, Sandler O’Neill + Partners, Shelter Bay Energy, Tallgrass Energy, Venari Resources, and Wilton Re.

Hufnagel received a B.A. in Economics from Dartmouth College in 2006.

• Focuses primarily on business services investments at Kelso, with prior work in energy.
• Works within Kelso’s middle-market private equity model, which emphasizes partnership with management teams, owners, and corporations.
• Kelso describes its approach as providing “more than just capital,” using sector expertise, operating relationships, and an industry expert network to help management teams execute strategic goals.
• Kelso emphasizes alignment of interest: the firm states that 100% of the Kelso team invests in its transactions.
• Sector exposure through Hufnagel’s current and past Kelso deals includes business services, industrial distribution and packaging, digital consulting, energy infrastructure, financial services, and technology services.