Managing Director of PE & Venture Support
Jeff Musgrove has spent his career at the intersection of business strategy, operations, and technology. As a senior executive, he has a successful track record leading large transformational projects, bringing the vision necessary to effectively grow an organization, ensuring financial strength and operational efficiency. This includes extensive M&A deal team and integration experience, as well as a strong entrepreneurial spirit that has led to the start up and turnaround of multiple businesses- either standalone or within a large organization.
Prior to joining Ventrue, Jeff held multiple senior roles at Broadridge Financial Solutions. Serving as the Chief Administrative Officer of the $1.5 billion Customer Communications unit he was responsible for strategy- and drove the business case to launch a Consulting business for the larger Broadridge Investor Communications segment. While serving as the Managing Partner of that business, Jeff was asked to take over 4 businesses to lead a turnaround effort and a transition to the newly created Broadridge Wealth Management segment. With a focus on strategy and optimization of the operating model, each business experienced vast margin improvements in the fiscal year and developed a product roadmap that drove client retention and new client acquisition.
As a co-founding partner and Chief Operating Officer of Finix Business Strategies, Jeff was responsible for all aspects of the business while also serving as a Consultant on numerous engagements. After only 22 months of rapid growth, Finix was acquired by DST Systems in 2011. Jeff joined DST as part of the deal and became President of the combined DST Consulting business. Asked to serve as internal consultant on the strategic review of the DST Customer Communications business that ended with a decision to divest, he then moved back into M&A mode as part of the deal team that led the sale to Broadridge Financial Solutions. Moving to Broadridge as part of the transaction, Jeff led the Integration Management Office (IMO)
Starting his career at Legg Mason, Jeff held multiple senior leadership roles across Operations, Technology, and the Wealth Management unit. He led Legg Mason into the Securities Lending business and expanding the new business offerings to include Prime Brokerage and Clearing. Hand picked to serve as a deal team member in the large and complex M&A transaction with Citigroup, Jeff assumed ownership of the Transition Services Agreements and led the integration efforts.
Community service is very important to Jeff and he serves on the Board for several Non-Profits focused on children, education and intimate partner violence. As President of the House of Ruth Maryland, Jeff led the Board in support of the purchase of a second building and the Capital Campaign that created the funding. Most recently, Jeff has joined the Board of The Backside Leaning Center at historic Churchill Downs in Louisville where the focus in on enriching the lives of equine workers and their families through education, community and access to resources. He is also an avid owner of thoroughbred horses racing throughout the country.
Jeff and his wife Holly have a daughter who is a Freshman at the University of South Carolina.