Team

Martin Hunt, Founder and Managing Partner
Martin Hunt is the founder of HWI Partners and managing partner for Providence Friends Capital (PFC). Mr. Hunt has been a board member of several HWI companies, has led HWI Partners’ transition to Providence Friends Capital, an interim chief executive officer for a group of cable assembly and installation companies and managed significant consulting engagements for HWI Partners.

Prior to his roles at PFC, Mr. Hunt directed marketing and strategy for two multi-billion dollar loan businesses for MBNA America Bank, now Bank of America, completed a $16 billion M&A deal for the Unicom Corporation to form the Exelon Corporation (the largest electric utility at the time) and consulted for American Management Systems, now CGI, in strategy, business process redesign, change management and information technology.  Prior to AMS, Mr. Hunt was an associate for Harvard Business School’s Professor Michael Porter during the founding stage of Porter’s Initiative for a Competitive Inner-city (ICIC).

Mr. Hunt has an MBA from the Harvard Business School and a BA in Economics from Swarthmore College where he was a McCabe Scholar.  Mr. Hunt was the first African-American President of the Harvard Business School Alumni Club of Philadelphia from 2011 to 2013,  a member of the Harvard Club of New York, the Pyramid Club in Philadelphia and the Harvard Business School Alumni Clubs of New York and Washington, DC. Mr. Hunt has volunteered time as a member of the Swarthmore College McCabe scholarship selection committee, an executor for the Hunt Family Foundation and an undergraduate interviewer for Harvard College.

 

Selected current and former HWI limited partners/advisors of HWI Investments

Bertram Scott, EVP, TIAA-CREF
Bertram L. Scott was Executive Vice President, Chief Institutional Development and Sales Officer at TIAA-CREF. He was responsible for business development, sales and marketing to current and prospective clients, retirement plan sponsors, benefits consultants and other institutional audiences.

Mr. Scott joined TIAA-CREF in 2000 as president of the TIAA-CREF Life Company, where he was responsible for sales and marketing, product development, systems and finance in the insurance division of TIAA-CREF. These areas included group life and disability, universal life, group and long-term care insurance and term insurance products.

Before joining TIAA-CREF, Mr. Scott served as president and CEO of Horizon Mercy, a joint Medicaid managed care program between Mercy Health Plan of Pennsylvania and Blue Cross/Blue Shield of New Jersey.

Mr. Scott began his career in 1972 with the Prudential Insurance Company in claims operations. He later became vice president in charge of Marketing and, in 1994, vice president of Managed Care Operations.

Mr. Scott is a member of the boards of Becton, Dickinson Corporation (BDX), DePaul University, Carolina’s Medical Center, the University of North Carolina at Charlotte and an advisor to HWI Technologies, LLC.

In 2004, he was named as one of the “75 Most Powerful Blacks in Corporate America” by Black Enterprise magazine and, in 2002, was included in Fortune magazine’s “The 50 Most Powerful Black Executives in America.” Also in 2002, he received DePaul University’s School for New Learning David O. Justice Award. Mr. Scott is a graduate of DePaul University.

Earl F. Hilliard, Managing Partner, Hilliard, Hunt & Hilliard
Congressman Hilliard was a member of the US House of Representatives from 1992 to 2002. Congressman Hilliard began his political career in the Alabama House of Representatives in 1974. He served in the Alabama House from 1975 to 1981 and the Alabama Senate from 1981 to 1992. Congressman Hilliard is an investor in a variety of businesses and is Managing Director of Hilliard, Hunt & Hilliard, a civil law and lobbying firm.

Mr. Hilliard graduated from Morehouse College and is a member of the board of the Congressional Black Caucus Institute and HWI Technologies, LLC.

Brian Holland, Executive Consultant, HWI
Mr. Holland is an Executive Consultant for HWI.  Mr. Holland is an investor and co-founder of TheLaundryCafe.com. Mr. Holland was Interim Chief Operating Officer for HWI’s past portfolio company, Custom Cable, and provided leadership for the Workplace Connectivity Division, Engineering, Information Technology, Materials Management, and Manufacturing.

Mr. Holland is a seasoned investor and solution-focused executive with nearly twenty five years of cross-functional expertise concentrated in strategic planning, operational efficiency, and new business start-up. Prior to HWI, Mr. Holland served as Senior Vice President & Managing Director while launching inVentiv Resource Solutions, a talent acquisition business for InVentiv Health. During his tenure at inVentiv Health, he also served as Senior Vice President of Marketing & Sales and executive consultant to UCB Pharmaceuticals where he was responsible for strategy, design and deployment of a start-up operation targeting the Psychiatry market.

Mr. Holland has developed his track record of excellence with several multi-national companies, including, Johnson & Johnson, Novartis PharmCeuticals, and Merck & Co, Inc. He held positions of increasing responsibility in field sales, marketing, training & development, managed markets, medical education, customer marketing, operations, analytics, and advocacy & professional relations.

Mr. Holland holds a BA degree in Biology from the University of Pennsylvania, with minors in Chemistry, American Civilization, and French.

Lee Ciccarelli, Managing Partner, Ciccarelli Law Offices

Mr. Ciccarelli is the Managing Partner of the Ciccarelli Law Offices with numerous offices throughout Chester County, Pennsylvania.

Mr. Ciccarelli is a graduate of Bucknell University and received his law degree from George Washington University. He is a former member of the board of HWI Technologies and a member of the American Bar Association of Pennsylvania, Chester County Bar Association, Pennsylvania Trial Lawyers Association, and the Pennsylvania Criminal Defense Lawyers Association.

 

Preston Polk, Managing Director, Glyph Consulting, HWI Advisor
Mr. Polk is an advisor to HWI Partners and the Managing Partner of Glyph Consulting. Mr. Polk’s expertise includes the vision and development of revenue growth strategies, the design and assessment of new products and new market entry strategies as well as the re-engineering of external sales teams, and performance management systems.

Prior to founding Glyph Consulting, Mr. Polk was a senior executive for two Fortune 500 companies – Wells Fargo Bank and First Data Corporation. Mr. Polk help found an internet services firm, Home Account, and was Senior Engagement Manager with Booz • Allen & Hamilton’s Financial Services Consulting Practice. Mr. Polk earned his MBA from the Harvard Graduate School of Business, and also holds a BS degree in Electrical Engineering from Swarthmore College.

James Thornton, Retired SEVP, MBNA America
Mr. Thornton was an advisor to HWI Partners with significant investment experience. Mr. Thornton has been a member of the board of directors of Visteon Corporation since September 2004 and an active investor in a variety of industries.

Mr. Thornton is a former senior executive vice president for MBNA America Bank and a senior executive for Sears, Roebuck and Company for 28 years. Mr. Thornton was vice president and general manager of Sears Tire Group (1996-97), after holding the same position for Sears Automotive (1993-95). During his career at Sears Automotive he also served as national and regional business manager, regional and territorial operating manager, and as a store manager in various locations. Mr. Thornton is chairman of the board of trustees at Talladega College in Alabama.

Stephen Hurly, Managing Director, Boenning & Scattergood
Mr. Hurly is a managing director at Boenning & Scattergood, an investment banking group headquartered in Philadelphia, PA. He focuses on publicly-traded companies and privately-held businesses in the healthcare, biotechnology and pharmaceutical sectors. Mr. Hurly advises HWI on transaction valuation and structuring.

Prior to joining Boenning, Mr. Hurly was a managing partner at Janney Montgomery Scott and Head of their Life Sciences Group. Mr. Hurly has completed over 50 M&A transactions and has raised over $750 Million in capital for clients.

Mr. Hurly previously served as a member of the Executive Offices of Hambrecht & Quist in San Francisco. His duties included managing key accounts and high profile transaction execution for the firm. He has deep experience in supporting high quality clients at all stages of development with their strategic and corporate finance initiatives. Earlier in his career, Mr. Hurly was with JP Morgan and Wasserstein Perrella in New York City. Mr. Hurly has an MBA from the University of Chicago and a BS in Engineering from Swarthmore College.

Michael O’Connell, M20 Investments, LLC
Michael O’Connell is the Managing Director at M2O Investments – a family investment fund. He was formerly the Managing Director and President of Anhalt, O’Connell & Steffanci, Inc., an investment management firm specializing in debt securities with $1 billion under management. Previously, Mr. O’Connell owned and operated the National Lines Bureau, a ship mooring company for the Los Angeles and Long Beach Harbors. He is currently an investor in over 20 private companies. Mr. O’Connell received his Bachelors, with high honors, from Harvard College, and his MBA from Harvard Business School.

Joe McGhee, Chairman & CEO, American Biosurgical
As American Biosurgical’s Chairman & CEO, Mr. McGhee guides the company’s growth and success in close cooperation with the company’s board of directors. He was most recently a Division President at Asurion Insurance Services and was primarily hired to be President & CEO of one (or more) targeted acquisitions for the company.

His previous work experience includes various positions with Cisco Systems, Avaya, IBM, LOTUS software, and Siemens. Throughout his career, Mr. McGhee has gained extensive global experience and has conducted business in over 20 countries including leading Cisco Systems’ $400M+ Operations in Korea as Executive Vice President and COO.

Prior to his role at Asurion, Mr. McGhee worked for Avaya as the Vice President of Sales & Operations, Americas East where he was responsible for leading all aspects of Avaya’s sales and service operations in the Eastern half of the United States, Canada and their Federal Government (over $2 Billion in total product and service revenue). Mr. McGhee received his BS Degree in Business Management & Marketing with Honors from Jackson State University and his MBA from Harvard Business School with a concentration in marketing and international business.

Will Thorndike, Partner, Housatonic Partners
Mr. Thorndike was a Founding Partner of Housatonic Partners in 1994 and has been Managing Partner since 1995. Prior to that, Mr. Thorndike worked with the Walker Publishing Company and T. Rowe Price Associates. He is a Director of Access Information Management; Alta Colleges; Continental Fire & Safety Services, LLC; Carillon Assisted Living, LLC; Rapid Communications, LLC; Wind River Environmental, LLC; and a Trustee of the Groton School. Mr. Thorndike is a graduate of Harvard College and the Stanford Graduate School of Business.

Howard Stevenson – Professor, Harvard Business School
Professor Stevenson held the Vice Provost position for Harvard University Resources and Planning after service as Senior Associate Provost.  At Harvard Business School he is Senior Associate Dean, Director of Publication Activities and the Sarofim-Rock Professor of Business Administration. The Sarofim-Rock Chair was established in 1982 to provide a continuing base for research and teaching in the field of entrepreneurship. Professor Stevenson was a founder and first president of the Baupost Group, Inc., which manages partnerships investing in liquid securities for wealthy families. When he resigned from active management, Baupost assets had grown to over $400 million. He is now co-chairman of the Advisory Board of Baupost LLC, a registered investment company. He received his BS in Mathematics, with distinction, from Stanford University and his MBA, with high distinction, and DBA degrees from the Harvard University Graduate School of Business.

Samuel J. Boyd, Former CEO, National Association of Investment Companies (NAIC)
Samuel J. Boyd, Jr. was an advisor to HWI and is the former President & CEO of the National Association of Investment Companies (NAIC), whose member firms have over $8.5 billion dollars of capital under management.

Previously, as Vice President of NAIC, Mr. Boyd managed the production and delivery of NAIC’s three marquee programs—the Journal of EDM Finance, Research and Thought Leadership and the Plan Sponsor Consortium. Before joining the NAIC, Mr. Boyd served as Vice President of Development for Thompson Hospitality in Herndon, VA, worked with Landmark Partners private equity firm in Simsbury, CT, and was a consultant with Booz • Allen & Hamilton. Mr. Boyd started his career as a civil engineer with the Minnesota Department of Transportation in St. Paul, Minnesota.

Mr. Boyd has a Masters of Business Administration from the Colgate Darden Graduate School of Business at the University of Virginia in Charlottesville, VA. Mr. Boyd earned a Bachelors of Science Degree in Civil Engineering from North Carolina A&T State University in Greensboro, NC.

Alexander Wit, Managing Director, PHI Industrial Acquisitions
Mr. Wit is managing director of Phi Industrial Acquisitions, a firm focused on restructuring investment opportunities throughout Europe. Prior to launching PHI Industrial Acquisitions through a management buy-out, Mr. Wit was managing director at Arques Iberia in Madrid, Spain where he founded the Spanish and Portuguese M&A groups specializing in acquiring distressed companies. Mr. Wit is also a supervisory board member of Scooterdepot Inc. in Miami, FL and Dooyoo AG, in Berlin, Germany.

Prior to working for Arques, Mr. Wit was managing director at Viajarbajoprecio.com, an online travel agency in Spain with reverse auction business model. Mr. Wit, also a co-founder of Dooyoo AG, led the international expansion of the company, establishing offices in five European countries. Mr. Wit started his career as an analyst for Deloitte Consulting.

Mr. Wit earned his Bachelors of Arts and Bachelors of Science from Boston College and an MBA from Harvard Business School.

Kenneth W. Hunt, Jr., Executive Consultant
Mr. Hunt advised HWI Technologies on a variety of issues.  His background includes operating and advisory experience in business/commercial banking, financial services and the pharmaceutical industry.

Prior to Mr. Hunt’s HWI consulting efforts, Mr. Hunt held executive roles at leading Fortune 100 companies Bank of America, TIAA-CREF, and Merck & Company.  He led national operations at Bank of America, headed enterprise-wide new product development and research at TIAA-CREF and served for two decades of increasing responsibility at Merck & Co., Inc. in sales, marketing, market expansion, training, and strategy development.

Mr. Hunt earned his B.A. from the University of Delaware in Biological Sciences and is a certified new product development professional by the Product Development & Management Association.