Before co-founding Prides Crossing Capital, Peter spent 30 years in commercial banking. During his nearly 16 years at State Street Corporation, he focused initially on asset-based lending and later on cash flow and enterprise value lending providing companies with capital for growth and transactions. Peter managed State Street's Commercial Finance Group until the Bank's sale in 1999. He then founded and built One Conant Capital, the leveraged lending arm of Danversbank, which was eventually sold in 2012.
Peter holds a AB from Bowdoin College and an MA from The Johns Hopkins University. He has served on the board of Care Dimensions, the largest hospice care company in Massachusetts, for over a decade including serving 4 years as the board chair. Additionally, Peter served on the Finance Committee in the town of Essex, Massachusetts.
Peter Sherwood, Managing Partner
Karen has spent her career sourcing, structuring, and monitoring debt and equity investments in private companies. Prior to co-founding Prides Crossing Capital in 2013, she spent 13 years as an investment principal at Housatonic Partners, a Boston-based private equity firm. While at Housatonic, Karen co-founded, built and managed Housatonic Debt Investors, a debt fund. She previously spent 12 years at State Street Corporation underwriting and monitoring loans in a variety of recurring business services industries.
Karen holds a BA in Economics from Tufts University. She has served on the boards of several private companies. Currently, Karen serves on the Women's Leadership Council of Lahey Health and as a trustee of Concord Academy and Belmont Day School, where she previously served as Treasurer, Vice Chair and Chair of the school's board.
Karen Liesching, Managing Partner
As the firm's CFO, Nichole is responsible for the preparation of financial reports, fulfilling audit, tax and regulatory requirements, and investor communications.
Nichole is a graduate of Salem State College, where she earned a BS in Business Administration with an accounting concentration. She also holds her Master’s degree in Business Administration from Endicott College, where she is now an Adjunct Professor teaching accounting and finance in the school's MBA program.
Nichole Guerrette, CFO