Managing Directors

Mr. Pangburn reviews investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Mr. Pangburn also serves on several partnership advisory boards. Prior to joining Abbott Capital in 2005, Mr. Pangburn was a supervisor of global operations at International Fund Services in New York, where he managed and reconciled all aspects of the global security database.  Mr. Pangburn received his B.S. in Finance from Bentley University and his M.B.A. from New York University.

Prior Experience:

International Fund Services

Education & Accreditations:

Bentley University, B.S. in Finance
New York University, M.B.A in Finance

  • Leonard C. PangburnView Bio

    Leonard C. PangburnManaging Director, President

    Mr. Pangburn reviews investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Mr. Pangburn also serves on several partnership advisory boards. Prior to joining Abbott Capital in 2005, Mr. Pangburn was a supervisor of global operations at International Fund Services in New York, where he managed and reconciled all aspects of the global security database.  Mr. Pangburn received his B.S. in Finance from Bentley University and his M.B.A. from New York University.

    Prior Experience:

    International Fund Services

    Education & Accreditations:

    Bentley University, B.S. in Finance
    New York University, M.B.A in Finance

  • Mary T. HornbyView Bio

    Mary T. HornbyManaging Director, General Counsel

    Ms. Hornby assists the investment team in the review, legal analysis and negotiation of underlying fund investments and directs all legal aspects relating to the formation and maintenance of Abbott’s pooled investment funds. In addition, Ms. Hornby assists in the legal aspects of daily operations, including client relationships and contracts, regulatory compliance and internal corporate structuring matters. Prior to joining Abbott Capital in 2004, Ms. Hornby was Counsel and a member of the Private Equity Group at Testa, Hurwitz & Thibeault, LLP, representing investment advisers, funds of funds, public pension plans and other limited partner investors, as well as general partner groups, in all aspects of private equity fund formation. Ms. Hornby received her B.A., magna cum laude, from Boston College and her J.D. from Boston College Law School. She is a member of the Bar of the Commonwealth of Massachusetts.

    Prior Experience:

    Testa, Hurwitz & Thibeault, LLP

    Education & Accreditations:

    Boston College, B.A., magna cum laude
    Boston College Law School, J.D.
    Member of the Bar, Commonwealth of Massachusetts

  • Jobst KlemmeView Bio

    Jobst KlemmeManaging Director

    Mr. Klemme reviews investment opportunities with specific emphasis on analysis and due diligence for prospective investments. Mr. Klemme also serves on several partnership advisory boards. Mr. Klemme manages Abbott Capital (Europe), Ltd, Abbott’s subsidiary which is authorized and regulated by the UK Financial Conduct Authority and located in London. Prior to joining Abbott Capital in 2015, Mr. Klemme worked for Bethmann Bank AG as Director in its Private Equity Solutions group and Credit Suisse as Vice President, also in its Private Equity Solutions group. Mr. Klemme received his B.A. in Business Administration from Georg-August University Goettingen and his M.A. in Management from ESCP-EAP European School of Management.

    Prior Experience:

    Bethmann Bank
    Credit Suisse
    Equity Partners
    CEA Capital Partners
    Deutsche Bank

    Education & Accreditations:

    ESCP-EAP European School of Management, M.A. in Management

  • Young LeeView Bio

    Young LeeManaging Director

    Mr. Lee reviews investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Mr. Lee also serves on several partnership advisory boards. Prior to joining Abbott Capital in 2007, Mr. Lee was an associate at The Henry J. Kaiser Family Foundation in Menlo Park, sourcing and leading due diligence on prospective private equity and hedge fund investments. Mr. Lee also worked as a product manager in the Online Business Services Division at Silicon Valley Bank and co-founded a company that matched university based start-ups with angel investors. Mr. Lee received his B.A. in Economics from Stanford University, his M.B.A. from Columbia University and is a CFA charterholder.

    Prior Experience:

    The Henry J. Kaiser Family Foundation
    Silicon Valley Bank

    Education & Accreditations:

    Stanford University, B.A. in Economics
    Columbia University, M.B.A.

    CFA Charterholder

  • Timothy W. MaloneyView Bio

    Timothy W. MaloneyManaging Director

    Mr. Maloney reviews investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Mr. Maloney also serves on several partnership advisory boards. Prior to joining Abbott Capital in 2004, Mr. Maloney was an associate at Frye-Louis Capital Management in Chicago, working on screening and due diligence for venture capital, buyouts and special situations partnerships. Mr. Maloney also worked as a senior analyst at General American Transportation Corporation and at Hewitt Associates as a pension consultant. Mr. Maloney received his B.S. in Accounting from DePaul University, his M.B.A. in Finance from New York University and his C.P.A. from the State of Illinois.

    Prior Experience:

    Frye-Louis Capital Management
    General American Transportation Corporation
    Hewitt Associates

    Education & Accreditations:

    DePaul University, B.S. in Accounting
    New York University, M.B.A. in Finance

    CPA, State of Illinois

  • Lauren M. MasseyView Bio

    Lauren M. MasseyManaging Director, Chief Administrative Officer

    Ms. Massey oversees the firm’s investment recordkeeping activities, separate account reporting and the calculation of various performance analytics. Prior to joining Abbott Capital in 1995, Ms. Massey was an Audit Manager in the Financial Services Division of Ernst & Young, where she had an asset management industry focus and was responsible for audit planning and management. Ms. Massey received her B.S. in Accounting from the State University of New York at Binghamton, her M.B.A. in Finance and Marketing from New York University, and her C.P.A. from the State of New York.

    Additional Activities:

    Lauren serves on the board of Pearl S. Buck International, a non-profit organization committed to expanding opportunities for children and promoting multicultural appreciation while advocating for humanitarianism throughout the world.

    Prior Experience

    Ernst & Young

    Education & Accreditations

    State University of New York at Binghamton, B.S. in Accounting
    New York University, M.B.A. in Finance and Marketing

    CPA, State of New York

  • Paolo ParzialeView Bio

    Paolo ParzialeManaging Director, Chief Financial Officer

    Mr. Parziale oversees the financial accounting and administration of all fund products, including the preparation of all fund financial reports and tax filings as well as Abbott’s corporate accounting function. Prior to joining Abbott Capital in 2002, Mr. Parziale was an Audit Senior at Ernst & Young, where he worked on audits of investment management firms and various types of commingled funds. Mr. Parziale received his B.S. in Accounting from St. John’s University, his M.B.A. in Finance from New York University and his C.P.A. from the State of New York.

    Prior Experience:

    Ernst & Young

    Education & Accreditations:

    St. John’s University, B.S. in Accounting
    New York University, M.B.A in Finance

    CPA, State of New York

  • Meredith L. RerisiView Bio

    Meredith L. RerisiManaging Director

    Ms. Rerisi reviews investment opportunities, with specific emphasis on analysis and due diligence for prospective investments, and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Ms. Rerisi also serves on several partnership advisory boards. Ms. Rerisi originally joined Abbott in 1998 and returned in the fall of 2002, following receipt of her M.B.A. Prior to joining Abbott Capital in 1998, Ms. Rerisi was an equity analyst at American High Growth Equities Corporation. Ms. Rerisi received her B.S. in Applied Economics and Business Management from Cornell University and her M.B.A. from The Fuqua School of Business at Duke University.

    Prior Experience:

    American High Growth Equities Corporation

    Education & Accreditations:

    Cornell University, B.S. in Applied Economics and Business Management
    The Fuqua School of Business at Duke University, M.B.A.

  • Matthew M. SmithView Bio

    Matthew M. SmithManaging Director

    Mr. Smith is responsible for reviewing investment opportunities with specific emphasis on analysis and due diligence for prospective investments and is engaged in the negotiation of business and legal issues, ongoing monitoring of investments and profit realization from distributed securities. Mr. Smith, as Abbott’s ESG Officer, is responsible for building upon the strong foundation Abbott has set in adopting the UN Principles for Responsible Investment and integrating ESG considerations into Abbott’s investment process. Mr. Smith also serves on several partnership advisory boards. Prior to joining Abbott in 2000, he was a financial examiner at the Federal Reserve Bank of New York. He also worked for First Trust Washington and Bank of America as a trust officer. Mr. Smith received his A.B. in History and his M.B.A. in Finance from Georgetown University.

    Prior Experience:

    Federal Reserve Bank of New York
    First Trust Washington
    Bank of America

    Education & Accreditations:

    Georgetown University, A.B. in History
    Georgetown University, M.B.A. in Finance

  • Wolf WittView Bio

    Wolf WittManaging Director

    Mr. Witt reviews investment opportunities with specific emphasis on analysis and due diligence for prospective investments, with a particular focus on secondary transactions. Prior to joining Abbott in 2018, Mr. Witt was a Director at Zurich Alternative Asset Management (“ZAAM”), the in-house unit managing the alternative investments of Zurich Insurance Group. At ZAAM, Mr. Witt was part of the global private equity team responsible for primary fund investments, co-investments, and secondary investments. Prior to that, Mr. Witt worked at the economic consulting unit of Oliver Wyman (NERA) in the Frankfurt and New York offices. Mr. Witt received his M.A. from the University of St. Gallen (Switzerland). He also studied at HEC Business School (France) and received his M.S. from the CEMS program. Mr. Witt is a CFA charterholder.

    Prior Experience:

    Zurich Alternative Asset Management, LLC, Director
    NERA Economic Consulting (Oliver Wyman), Consultant

    Education and Accreditations:

    University of St. Gallen, M.A. in Finance (Swiss lic. oec.)
    CEMS, M.S. in International Management

    CFA charterholder