ACG Boston | Rhode Island Networking Night - March 24, 2022

Billy is co-founder and managing partner at Upper90 which is fintech focused private equity fund based in New York. Previously, he ran electronic trading businesses at leading institutions working closely with technology, quant research and steams.

Upper90

Upper90 is a leading provider of hybrid growth capital to innovative companies that can demonstrate predictable future revenue or other forms of collateral. The firm focuses on earlier stage companies providing them with their first credit facility often as an alternative to equity. Launched in 2018, Upper90 has originated over $500m to Clearbanc, Thras.io, Octane Lending, Crusoe Energy, Kafene, ComFreight, Braavo and other industry-defining businesses.

Mr. Satti is President of Salem Capital Management, a family office in Providence, Rhode Island focused on private equity and growth equity investments across media, technology, and consumer industries. Prior to heading Salem Capital Management, Mr. Satti spent nine years at Audax Private Equity, one of the leading middle market private equity firms in the United States. Mr. Satti was a senior leader of Audax’ San Francisco office, helped build and lead Audax’ business development function, and was involved in transactions across a variety of industries. According to Pitchbook, Audax was the most active private equity firm in the United States during his tenure at the firm. Prior to Audax, Mr. Satti was a strategy consultant at Monitor Group, where he consulted clients in the telecommunications, consumer, and healthcare industries. He also worked for a year as an Advisor to Boston Mayor Thomas M. Menino through the Harvard Business School Leadership Fellows Program. Mr. Satti received a BS summa cum laude from Georgetown University, where he was Valedictorian of the McDonough School of Business, and an MBA from Harvard Business School, where he was a Baker Scholar. In addition to serving on the boards of Recognition Media and Feast & Fettle, Mr. Satti serves on the board of the Providence Performing Arts Center and he and his wife are actively involved in several other charitable organizations.

Salem Capital Management is a family-held private equity & growth equity firm based in Providence, RI, investing behind innovative growth companies, with a focus on media, consumer, and technology companies globally and backing dynamic entrepreneurs locally in Rhode Island / New England. Partnered with SCM founder Paul Salem, longtime executive at Providence Equity and current Chairman of MGM Resorts and Year Up. Portfolio includes Recognition Media (The Webbys), Feast & Fettle, Seven Stars Bakery, Lola Restaurant Group, and Dentex Health.