McKinley Announces Leadership Promotions
McKinley Management, LLC announced the promotion of two of the firm’s senior team members.
Kenneth P. Lenhart has been named McKinley Management’s Chief Operating Officer. In this role, Lenhart manages the people, process and facilities for all three business units – McKinley Capital Management, LLC; McKinley Alaska Private Investment, LLC; and McKinley Research Group, LLC (formerly McDowell Group).
Lenhart joined McKinley Capital in 2011 as a portfolio associate in the firm’s Chicago office. Soon after, he became a member of McKinley Capital’s global quantitative research team, and in 2019 was promoted to director of data science. As director, Lenhart managed the data science team and was responsible for development and management of the firm’s data governance program. In 2020, Lenhart took on heading the firm’s information technology and cybersecurity department. As chief operating officer, Lenhart adds human resources and facilities management to his scope.
Prior to joining McKinley Capital, Lenhart was a director of equities and quantitative research for Midwest Asset Management, Inc, and worked at Deloitte Consulting as a systems analyst providing financial data model and securities expertise. He has 21 years of experience, with 18 in the finance industry. Lenhart received his MBA with concentrations in analytic finance, econometrics, and statistics from the University of Chicago, and his bachelor’s in economics from Northwestern University. Lenhart and his family reside in the Chicago suburbs.
Joseph Jacobson has been promoted to Vice President, Private Equity of McKinley Alaska Private Investment. Jacobson joined the McKinley team in 2019. In 2021, he was named head of the firm’s private equity team. In this role, Jacobson oversees the Na’-Nuk Investment Fund, L.P. and its investments, and is heavily involved in the firm’s Alaska Cargo and Cold Storage direct infrastructure investment.
Jacobson brings nearly 20 years of Alaska business experience, with more than 10 in leadership roles in Alaska’s leading industries. Prior to joining McKinley, Jacobson was a senior consultant with McDowell Group, now McKinley Research Group, a leading Alaska-based general services consulting group specializing in economic impact and feasibility studies for communities and projects around the state. Jacobson received his master’s in international relations from City University of New York City College, and his bachelor’s in outdoor studies from Alaska Pacific University. Jacobson works from the firm’s Anchorage headquarters.
In This Issue
Meeting in the Middle
In January, when the Biden administration announced its ban on the future sale of oil and gas leases on federal land, the news understandably ruffled the collective feathers of Alaska’s oil and gas industry.