Lovell Minnick Partners, a private equity firm focused on investments in financial services, financial technology and business services companies, has appointed Steve Grenfell and Bill Neuman as operating partners. The two operating partners will join the advisory council and work with portfolio companies to implement operational best practices and provide insights related to technology and design.

Grenfell joins the firm with 30 years of experience and most recently served as senior vice president and managing director for Safeguard Scientifics, Inc. In this role, Grenfell was tasked with financial and operational oversight of partner companies.

Neuman brings 30 years of experience in product management, engineering and consulting. Previously, he worked a senior managing director in product and engineering at Eze Software. Neuman was tasked with product strategy and global product development operations.

“At Lovell Minnick, we are consistently identifying ways to provide our portfolio companies with access to resources and industry expertise that will support their growth and improve business outcomes for all,” said Spencer Hoffman, partner at Lovell Minnick. “Our Operating Partners and the Advisory Council have been terrific resources for our management teams, and we believe that Steve and Bill will be great additions to the Lovell Minnick team.”