ENVEST PRIVATE EQUITY - Key Persons


Cliff Fleet

Job Titles:
  • Retired President and CEO of Philip Morris USA
Cliff is the retired President and CEO of Philip Morris USA and the recently appointed President and CEO of the Colonial Williamsburg Foundation, the largest outdoor living museum in the United States. In addition to teaching in the business school at William & Mary, Cliff also serves as a board member of the College of William & Mary Foundation, the Virginia Business Higher Education Council, and the Virginia Repertory Theatre.

David Kaufman

David founded Envest in 1999 after previously serving as Chairman and CEO of The Vacation Store, which he co-founded in 1994. Prior to The Vacation Store, David held various leadership, operational and financial roles at Cunard Line Ltd. and IBM. David has an MBA from the University of Michigan and a BBA from Emory. David serves as Chairman of Virginia Wesleyan College Board of Trustees.

Edwin Waitzer

Eddie has successfully served as a developer, investor and operator of shopping centers, office buildings and multi-family properties in the Mid-Atlantic region for the past 29 years. Prior to entering the real estate field, Eddie was a business attorney at Frank, Bernstein, Conaway and Goldman in Baltimore, Maryland.

Gary LeClair

Job Titles:
  • Co - Founder and Former Chairman and CEO of LeClairRyan
Gary is a co-founder and former Chairman and CEO of LeClairRyan, which started as a securities and venture capital boutique law firm, eventually evolving into a full service corporate practice with offices in 15 states plus the District of Columbia. Gary's practice includes the representation of middle market and emerging growth companies, as well as private equity and VC firms. He has served on the boards of various business entities, as well as civic and non-profit boards, including the Richmond Venture Forum, the Greater Richmond Technology Council, the Virginia Council of CEOs, the Greater Richmond Chamber Foundation and The College of William and Mary.

John Garel

John founded Envest in 1999 after serving as President and CEO of The Leisure Company, a subsidiary of America West, where he had previously been the Senior Vice President of Marketing and Sales. John's prior experience also includes being CEO of Cadmus Journal Services, and over 12 years of operational, marketing, and financial experience at American Airlines and Northwest. John earned his MBA from SMU and his BA in economics from Tulane.

John Malbon

Job Titles:
  • Member of the Advisory Board
John is Chairman and CEO of PAPCO Inc., a leading distributor of gasoline, diesel, lubricants, propane and related services in the Mid-Atlantic. John serves as the Co-Chair of Envision Virginia Beach 2040 Committee, Chairman of the Board of the directors for the Virginia Economic Development Partnership, and is on the Boards of the Hampton Roads Community Foundation, Virginia Wesleyan College and Towne Bank.

John Reed - Managing Director

Job Titles:
  • Managing Director
John joined Envest in 2016 to launch the Envest Capital …Read More John joined Envest in 2016 to launch the Envest Capital Partners platform. He is a former law partner at Kaufman & Canoles, where he chaired the firm's Commercial Section and specialized in private equity and M&A. Previously, John worked in the structured finance group at Dewey Ballantine LLP in New York. He earned his law degree from William & Mary and his bachelor's degree from Washington and Lee University. John has served on several boards, including the Old Dominion University Educational Foundation, where he is a member of the University Endowment's Investment Committee, as well as the 757 Angels Group.

Leggett Kitchin - Managing Director

Job Titles:
  • Managing Director
Leggett is responsible for transaction sourcing and structuring, as well …Read More Leggett is responsible for transaction sourcing and structuring, as well as working with Envest's portfolio companies. Before joining Envest in 2024, Leggett was a Vice President at Norfolk Southern, where he oversaw more than $8 billion in annual revenue while directing new product development, strategic market approaches, productivity initiatives, reinvestment strategies, and capital projects within industrial markets. Prior to his role at Norfolk Southern, he worked at Harris Williams & Co., a leading middle-market investment bank focused on merger and acquisition advisory services. Leggett earned a BS in Accounting and Business Administration from Washington & Lee University and an MBA from the University of Virginia.

Matt Nusbaum

Matt is a Partner in the commercial division of S.L. Nusbaum Realty Co., where he serves on the Board of Directors and Executive Committee. Matt was recently appointed by Governor Ralph Northam to the Small Business Commission of Virginia and currently serves as a Board Member of the Children's Hospital Foundation for the Children's Hospital of the King's Daughters. Matt has previously served on the Board of Directors for Heritage Bank and the Advisory Board for Southern Bank.

Michael Ives

Job Titles:
  • Member of the Advisory Board
Mike served as the President and CEO of two local financial institutions. Heritage Bank, a publicly traded community bank, as well as the local financial institution, CENIT. Prior to and following his roles at Heritage and CENIT, he is an attorney at Willcox & Savage. Mike was also Chairman of the Board of Trustees, Employees Retirement System of the City of Norfolk, and a Member of the Investment Committee of the Old Dominion University Educational Foundation Board of Trustees.

Patrick Keefe - Managing Director

Job Titles:
  • Managing Director
Patrick joined Envest in 2016 to launch the Envest Capital …Read More Patrick joined Envest in 2016 to launch the Envest Capital Partners platform and currently directs the firm's deal-sourcing and origination strategies. He is a former Director of Provident Capital Partners, a Boston-based growth equity fund, where he was responsible for deal sourcing, transaction structuring, and portfolio oversight. Patrick's prior experience includes practicing as an attorney in Deloitte's M&A Tax practice, as well as working on the equity capital markets desk for a securities firm. He earned his law degree from Suffolk University Law School and his undergraduate degree from Ohio Wesleyan University.

Richard Bready

Rick is the former Chairman and CEO of Nortek Inc., a diversified manufacturer of residential and commercial building products. Rick currently serves as the Chairman of Roger Williams University and is on the Board of Directors of Gabelli Asset Management, Northeastern University, Bank Rhode Island, Associated Capital Group and is a former independent director of Gamco Investors.