The Stage Fund Hires Senior Financial Executive to Keep Up With Growth

DENVER - Oct. 23, 2014 - PRLog -- The Stage Fund has expanded its team by hiring Michael J. Birk as Director of Finance. Mike brings with him a wealth of experience in financial planning and analysis.  Prior to joining the team, Mike worked as a Financial and Business Consultant for Monroe Avenue Consulting, and as a Senior Financial Analyst at Xcel Energy, Inc. where he provided budgeting, forecasting, and financial analysis for the Fortune 500 Company.  In addition, Mike worked as an Institutional Equity Research Associate at D.A. Davidson & Co. where he primarily covered Telecom and Internet stocks.  His stock reports and analyses have been published numerous times through financial news outlets such as Bloomberg.  He comes to the group with an MBA from the University of Colorado’s Leeds School of Business, where he graduated first in his class.  He was the president of the MBA Finance Club, received the David Sloan ACG Scholarship, received separate fellowships for Academic Excellence and Service, and interned with a Fund of Hedge Funds.  Prior to pursuing his MBA, Mike graduated cum laude from the University of San Diego with an undergraduate degree in Business, during which time he interned with Merrill Lynch.  “His talent and experience will be well utilized. With an increase in deal flow, this is a key new hire and I’m pleased to add Mike to our team,“ said Daniel Frydenlund, Chairman and Managing Partner of The Stage Fund.

About The Stage Fund
The Stage Fund acquires and partners with a multitude of different businesses in various stages. In situations when the implicit contract between equity investors, management and venture lenders breaks, The Stage Fund comes in to solve the stalemate quickly before value is lost or completely destroyed. Starting with crisis management, The Stage Fund invests, provides real-time information to employees, and works around the clock to turn the company around. The typical venture investment business model is not designed to react in these special situations, and it’s what The Stage Fund does everyday.

“Tough decisions are madeand implemented immediately. The Stage Fund’s team/operating professionals have the experience to know cost reductions are only the beginning. The cost reductions must be deep enough to allow and support investments in revenue generating activities to reach sustainability. Sustainability does not happen with several “RIFs”, reduction of force, over many months.We are active investors and operators with solid experience, not venture capitalists.  Our model does not allow for passive investments. We act confidently and with complete significance,” states Daniel Frydenlund, Chairman and Managing Partner of The Stage Fund. For additional information on The Stage Fund visit http://www.thestagefund.com.