ANDREW HALLOWELL
Managing Director & Chief Executive Officer
Andrew is the founding partner and managing member of Arcadia Funds and leads our strategic effort to identify and capitalize on investment opportunities - usually by managing his far-ranging network of relationships that span his career as an investment banker, portfolio manager, insurance underwriter, venture capitalist and innovator in the space of platform lending. With Arcadia Funds, LLC, Andrew sought to build a partnership dedicated to researching, and ultimately underwriting, specialized insurance solutions addressing difficult to insure risk challenges. Its predecessor entity, Arcadia Partners L.P. was focused on structuring venture capital-driven funding deals for the for-profit educational industry. While engaged with a number of its transactions, including Chancery Software and Knowledge Planet, Andrew also helped found Midwood Capital, a top preforming hedge fund focused on micro and small cap equities.
Prior to starting his own investment firm, Andrew was a principal at Foster Management where he was responsible for managing portfolio company investments and for sourcing and analyzing new investment opportunities. At Foster Management, Mr. Hallowell repositioned Apogee Inc. (“Apogee”), a publicly-traded portfolio company, to take advantage of changes in the U.S. mental healthcare industry. Under his guidance, Apogee embarked on a new strategy leading to the sale of non-strategic assets, a strategic acquisition and the company’s re-branding. Mr. Hallowell also led Foster Management’s fund-raising and oversaw much of its administrative and investor communications activities.
Previous affiliations include a role as General Partner at small cap LBO specialist Industrial Capital Group, prior to which he was the head of Financial Institutions Group at Brown Brothers Harriman & Company where Andrew was employed between 1988-1994 working predominantly with large insurers - co-founding Riverside Partners plc, the first U.S. corporate vehicle at Lloyd’s of London.
From 1985 to 1987, Andrew was the port genoa and spinnaker trimmer on the New York Yacht Club’s America II challenge in Perth, Australia to win back the America’s Cup. He received a Master of Business Administration degree from Harvard Business School where he won the Award for Outstanding Service to the Community and received a Bachelor of Science in Political Economy of Natural Resources from the University of California at Berkeley where he was elected captain of the Sailing Team.