Grain Management LLC, a private investment firm focused on global communications, has appointed Craig Phillips as managing director and chief operating and growth officer.
Going forward, Phillips will work with executive leadership to manage day-to-day operations, develop infrastructure to scale the business and expand the firm’s investment impact. Prior to joining the firm, Phillips serves as a counselor to the secretary of the U.S. Department of Treasury as well as serving as managing director at BlackRock and Morgan Stanley.
“It is an incredible honor to take on this role at such an exciting juncture for Grain,” said Phillips. “I was drawn to Grain’s world-leading expertise in telecommunication and other digital infrastructure and services. I see a great runway ahead for the firm, aided by significant tailwinds – continued innovation, rapidly growing demand, and public policy rightfully aimed at promoting greater access to broadband services in the U.S. and abroad.”
“Having known Craig for over 25 years and seeing firsthand how effectively he has guided leaders and organizations, I am quite pleased to welcome him to the Grain team,” said David Grain, founder and CEO of Grain Management. “Given the recent expansion of our firm and the increased scale of our portfolio, it was an easy decision to bring Craig aboard.”