Gemspring Capital Promotes Grossman and Malkani to Co-Heads of Investments
Event summary
- Gemspring Capital appoints Aron Grossman and Zubin Malkani as Co-Heads of Investments, effective February 9, 2026.
- Grossman joined Gemspring in 2017 with 18 years of private equity and operating experience; Malkani joined in 2022 with 16 years of private equity experience.
- The firm manages $5.1 billion in assets under management (AUM) and targets middle-market companies with up to $2.0 billion in revenue.
- Grossman and Malkani will oversee investment sourcing, execution, and broader leadership responsibilities across the firm's investing platform.
The big picture
Gemspring Capital's promotion of Grossman and Malkani to Co-Heads of Investments underscores its strategic focus on scaling its investment platform while preserving its investor-first mindset. The move comes as the firm manages $5.1 billion in AUM and targets growth in key sectors, reflecting broader trends in private equity toward consolidating leadership to drive operational efficiency and deal execution.
What we're watching
- Leadership Transition
- How Grossman and Malkani's expanded roles will impact Gemspring's investment strategy and growth trajectory.
- Investment Strategy
- Whether the firm can sustain its focus on middle-market companies while scaling its platform.
- Cultural Preservation
- The pace at which Gemspring maintains its entrepreneurial culture amid leadership changes and growth.
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