PE  Smith Whiley and Co.

     Office Locations:

242 Trumbull St., 8th Floor
Hartford, CT 06103-1213
Phone: 860-548-2513
Fax: 860-548-2518



  • Middle Market



  • Business Services
  • Manufacturing & Industrial



    Smith Whiley and Co. is an institutional investment advisory firm specializing in identifying, structuring, closing, managing and liquidating private equity and mezzanine debt investments. Smith Whiley & Company was formed through a strategic relationship with Aetna, Inc., one of the first such alliances in the investment management industry. Black Enterprise Magazine ranks Smith Whiley among the largest African-American owned private equity firms in the country. Smith Whiley specializes in providing mezzanine debt and private equity to small and middle market companies nationwide. The team collectively has a track record in excess of almost 200 years in the asset class, including $21 billion in managed assets and $9 billion in new investments. Smith Whiley currently manages three mezzanine and private equity partnerships called the SW Pelham Funds. The firm invests in companies with enterprise values of $25 million to $250 million, and invests $3 million to $15 million per transaction, with the ability to arrange larger transactions. Smith Whiley invests in the following sectors: food and beverage, consumer products and services, business services, health care products and services, industrial products and services, and communications and media technology. Smith Whiley has managed in excess of $500 million in alternative investments since its formation in 1994, and also maintains an office in Evanston, IL. A recent newspaper report stated that the firm has as cleared out of its downtown Hartford offices, and that the company was fined $1,800 in 2013 by the state of CT Department of Labor for failing to pay wages to six employees.

    Investment Firm Key

       VC = Venture Capital
       PE = Private Equity
       A = Angel
       I = Incubator
       MB = Merchant Bank
       VD = Venture Debt
       FI = Family Investment Office
       FOF = Fund of Funds
       ED = Economic Development Office   
       TT = Technology Transfer Office
       CVC = Corporate Venture Capital
       SEC = Secondary Purchaser
       HF = Hedge Fund/Mutual Fund
    Venture Capital
    Seed Stage
    (includes "pre-seed," or
    concept stage)
    No Revenue
    Early StageMinimal
    Growth Stage
    (also called Mid-stage)
    Expansion Stage
    (also called Late-stage)
    $7M and greater
    Private Equity
    Lower Middle Market$10M-$249M
    Middle Market$250M-$499M
    Upper Middle Market$500M-$1B
    Large Cap>$1B

    Investment Team:

    Name   Title
    Get the complete investment team + individual email addresses for investment team partners. Get personal images, LinkedIn links, investment specialties, office locations and more with a National Database subscription.
    Colette Nakhoul Senior Managing Director
    George Thompson Associate
    Gwendolyn Smith Iloani President & CEO
    Kurt H. Nyman Managing Director
    Mark Evans Senior Vice President


    Portfolio companies include:

      Acme Industries
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      Brook & Whittle
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      C&M Corporation
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      Connors Bros
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      Neat Wireless
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      Process Equipment Company
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      Spencer Enterprises
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      Tooling Tech Group
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      TouchPoint Print Solutions
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      VSA Partners
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      Western Express
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    Recent News: