Steve launched DelCam Fund I, LP in 2020 with a focus on acquiring family owned and operated cash flowing manufacturing businesses in the New England region.
Steve is a self-directed and driven business leader with comprehensive accomplishments leading strategy, finance, operations, and cross-functional teams to ensure success and achieve goals. Steve is relentless in his focus to drive results for his investors, and to foster success for the employees of DelCam’s portfolio companies.
Steve is known as an innovative thinker and a results-oriented professional with strong institutional, consumer investing, and asset valuation acumen. He has demonstrated success developing and seamlessly executing plans in complex, regulated organizations. Additionally, he is recognized for maximizing performance by implementing appropriate strategies focused on a goal driven operational philosophy and management system.
His focus on DelCam Fund I principally revolves around creating the strategic direction for Fund I portfolio companies as well as overseeing the financials and driving sales and marketing across the portfolio company ecosystem; annual and multi-year planning, driving sales initiatives, developing cross-selling synergies while promoting growth opportunities and efficiency enhancements. He is responsible for advancing adoption of the Entrepreneurial Operating System (EOS) at each of the portfolio companies and impelling DelCam’s strategic vision throughout each of the organizations.
Steve has an undergraduate degree in Business Management from the University of Tampa with additional studies focused on Economics and Psychology. Steve played baseball for the eight-time Division II National Champion UT Spartans from 1994-1996. He also holds an MBA from Northeastern University with a concentration in Finance. Steve spent 11 years working on the Institutional side of the financial services business with Fidelity Investments where he managed finance teams focused on pricing institutional business, client analytics and profitability improvement plans, return on capital analysis, and efficiency improvements.
He served as a board member from 2011-2017 for a Non-Profit in Boston called Boston Cares, one of the largest volunteer mobilizers in Massachusetts. Chairing the finance committee and founding an annual fundraiser for Boston Cares that generated $30,000 per year for the organization. Steve lives in Newton, Massachusetts with his wife and two daughters. He enjoys coaching his daughters’ soccer teams and spending time traveling with his family. He’s also an avid Boston sports fan and a Tampa Bay Bucs season ticket holder.
Richard Gibble has been a professional investor for more than 20 years with investment experience working at mutual funds, hedge funds, hedge-fund-of-funds, and private partnerships. His primary focus on Fund I revolved around the operating companies’ finance and accounting functions. He spent the bulk of his career as a fiduciary researching and allocating capital to public and private investment opportunities. To date, he has designated over $2B to cross-asset class securities in opportunistic and event-driven strategies following a strict value seeking framework.
He spent six years as a finance professor at a top-20 US business university. Concurrently, he served as the executive director of a world-class, academic capital markets research center, where he directed strategic initiatives and implementation and execution of all financial, academic, and operational functions.
Rich’s efforts related to Fund I primarily concentrate on the financial and accounting functions of the portfolio companies. He oversees the internal and third-party accounting resources, drives budgeting and forecasting initiatives focusing on liquidity optimization and expense management.
Rich earned his MBA and Master of Science in Finance degrees from Bentley University, a bachelor’s degree in Business Administration from Saint Anselm College, and holds the Charted Financial Analyst (CFA) designation.
An avid outdoorsman, he is a passionate alpine skier who enjoys hiking, backcountry camping and playing ice hockey. Rich lives in Boston’s South End with his fiancé and two miniature dachshunds.
Dave Altobelli has made a career in financial services working for firms including Fidelity Investments, The Shareholder Services Group (now BNY Mellon) and Merrill Lynch. His early responsibilities included managing various operations and service functions on behalf of institutional clients. Building on those experiences, he moved into a leadership position in Information Technology. In this role, Dave led several teams over 20+ years in their efforts to deliver large scale, highly complex multi-million dollar IT development initiatives.
Dave has a passion for collaborating with clients and colleagues to achieve successful business outcomes through innovative technology solutions. He has expertise in strategic planning, organizational management, portfolio / program management and project execution.
His primary areas of focus with Fund I include IT, Operations and Human Resources. Since the launch of Fund I, he led the implementation of a full-scale MRP system, delivered a multitude of systems upgrades, guided strategic organizational decisions and rolled out a wide range of HR programs. These programs have had significant positive impacts on our employee base. Dave’s managerial expertise has significantly accelerated the development of the leadership teams at each of Fund I’s portfolio companies.
He earned a B.S. in Business Administration with a concentration in Finance from Seton Hall University. As a firm believer in the importance of financial literacy, Dave founded a community-based program dedicated to helping its members achieve personal financial success. The program entailed monthly “Wealth Builder Wednesday” meetings where educational content was discussed and the group managed it’s investment club brokerage account.
Originally from New Jersey, Dave currently lives in Franklin, Massachusetts with his wife. Dave also has a daughter who lives and works in the Philadelphia area. When he is not working, he enjoys traveling, playing golf, skiing, and taking his Harley for a ride.