Chip Moelchert

PA Capital LLC (PA Capital) is a private equity subsidiary of New York Life Investments Alternatives LLC founded in 1997 by Louis William Moelchert. The firm is headquartered in Richmond, Virginia.

Jefferson Capital Partners Ltd. (Jefferson Capital Partners) is a private equity firm founded in 1988 by Palmer P. Garson and Timothy O’Donnell. The firm is headquartered in Richmond, Virginia.

PA Capital LLC is a fund of hedge funds manager headquartered in Richmond, Virginia. They were founded in 1997 as Private Advisors LLC by Louis Moelchert, Jr. On December 30, 2010, the firm entered into a strategic alliance with New York Life Investment Management Holdings LLC, a wholly-owned subsidiary of New York Life Insurance Co. PA Capital provides investment management of hedge fund and private equity investments for high net-worth individuals and certain entities such as trusts, pension plans, foundations and endowments.