Joelle Marquis has been named to the newly created role of president at private equity firm Arsenal Capital Partners.
In this position, Marquis will chair the firm's management committee, which is responsible for the firm's organizational design and function, and oversight of the team and its capabilities, as well as setting and achieving short- and long-term goals, said a news release Feb. 1.
Marquis will report to Terry Mullen and Jeff Kovach, co-managing partners and co-chief investment officers, a spokesperson confirmed.
Marquis joined Arsenal in 2003, and over the past 20 years she has led Arsenal's human capital function, focused on talent development, mentoring and coaching at the firm. Marquis' former title was senior partner, people and organization. The spokesperson said she will not be replaced in that role, but added she will continue to lead Arsenal's strategic human capital and culture-building activities.
Arsenal has raised institutional equity investment funds totaling more than $10 billion.