Franklin Foster has left a 16-year career behind at Audax Group to launch a buyout shop north of Boston called Essex Bay Capital. One of his first recruits: Yash Singh, former president and head of MRI and robotics at Analogic, who joined this month as managing director.
The launch extends a remarkable run of firm formations over the last several months that is creating jobs at every level. Since March 12 Private Equity Career News has reported on the launches of Dataquest Partners of Fort Lauderdale, Florida; BharCap Partners of New York City; Riveter Capital of New York; and Interlock Equity of Los Angeles.
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