Michael Karangelen Joins Star Mountain Capital’s Executive Team

Former CEO of North America for Investindustrial, Michael Karangelen, has joined Star Mountain Capital as a member of the firm’s Executive and Investment Committees. This strategic appointment was announced on February 24, 2026, and marks a significant addition to the investment firm’s leadership team.

Karangelen brings over a decade of experience in private equity, having overseen substantial assets at Investindustrial, which manages more than $10 billion in assets under management (AUM). His expertise in the North American market is expected to enhance Star Mountain Capital’s investment strategies and broaden its market reach.

In a statement, Star Mountain Capital emphasized that Karangelen’s appointment aligns with its commitment to fostering growth and achieving superior returns for its investors. The firm specializes in providing capital and support to lower middle-market businesses across various sectors.

Karangelen expressed enthusiasm about joining Star Mountain Capital, stating that he looks forward to working with an exceptional team dedicated to creating value for its portfolio companies and investors. His previous role at Investindustrial involved not only managing large investments but also fostering relationships with key stakeholders, skills that will be invaluable in his new position.

The move comes at a time when Star Mountain Capital is looking to expand its footprint in the competitive investment landscape. With Karangelen’s background, the firm aims to leverage his insights and connections to identify new opportunities and drive growth.

Investindustrial, where Karangelen previously served as CEO, is renowned for its focus on value creation in Europe and North America. His transition to Star Mountain Capital signals a shift as he seeks to apply his extensive knowledge in a different context, focusing on the unique challenges and opportunities within the lower middle-market segment.

As the landscape of private equity continues to evolve, the addition of seasoned professionals like Karangelen is crucial for firms aiming to maintain a competitive edge. His track record of successful investments and strategic leadership will likely contribute to Star Mountain Capital’s ongoing efforts to enhance its investment portfolio.

Overall, this change not only reflects Karangelen’s career progression but also highlights Star Mountain Capital’s proactive approach to strengthening its leadership team. The firm is poised for growth, and Karangelen’s role will be pivotal in navigating the future investment environment.