Craig M. Kelleher, CFA

Millstreet Capital Management: Co-Founder, Co-CIO and Managing Partner

Prelude Asset Management: Co-Founder and Managing Partner at a Partners HealthCare spinoff (Harvard research and teaching hospitals)

Regiment Capital Advisors: Senior Analyst at a Harvard Management Company High Yield spinoff

Education: University of Chicago, A.B. 1999, Phi Beta Kappa


Craig Kelleher co-founded Millstreet Capital Management LLC in 2010.  Mr. Kelleher together with Mr. Connolly serve as Co-Chief Investment Officers where they oversee all aspects of the firm including executing the investment strategy, portfolio construction, risk management, and governance.  In 2007, Mr. Kelleher co-founded Prelude Asset Management LLC, a spinoff of Partners HealthCare System, Inc. (Harvard University affiliated research and teaching hospitals), which was established to manage long only and long/short assets on behalf of institutional clients. Prelude with approximately $1.3 billion of assets under management was sold to Congress Asset Management in early 2010. Prior to Prelude, Mr. Kelleher worked at Regiment Capital Advisors, a Harvard Management Company spinoff, and he was responsible for the identification, selection, and monitoring of portfolio positions including longs and shorts, credit hedge trades, credit default swaps, collateralized loan obligations, and direct lending strategies within the various Regiment funds. Prior to joining Regiment Capital, Mr. Kelleher worked at Morgan Stanley in the leveraged finance area. Mr. Kelleher currently serves on the Board of Directors of Chaparral Energy, ETX Energy, Knight Energy, and US Shale Solutions. Craig has been a CFA Charterholder since 2006 and he graduated with Honors and Phi Beta Kappa from the University of Chicago with a bachelor’s degree in Public Policy and a specialization in Economics in 1999.

Brian D. Connolly

Millstreet Capital Management: Co-Founder, Co-CIO and Managing Partner

Regiment Capital Advisors: Senior Analyst at a Harvard Management Company High Yield spinoff

Fidelity Investments: Analyst in High Yield group that launched bank loan and leveraged equity funds during tenure

Education: Harvard University, A.B. 1992; MIT Sloan School of Management, MBA 2000


Brian Connolly co-founded Millstreet Capital Management LLC in 2010. Mr. Connolly together with Mr. Kelleher serve as Co-Chief Investment Officers where they oversee all aspects of the firm including executing the investment strategy, portfolio construction, risk management, and governance. Prior to co-founding Millstreet Capital Management, Brian worked at Regiment Capital Advisors where he managed sector portfolios within the various Regiment Funds that included core long and short positions, credit hedge trades, credit default swaps, collateralized loan obligations, and direct lending strategies. He also represented Regiment on several steering committees where he played an active role in distressed investments. Prior to joining Regiment Capital, Mr. Connolly worked as a High Yield Research Analyst at Fidelity Investments, a firm he joined upon graduation from business school. At Fidelity Investments, Mr. Connolly was part of the High Yield group during the launches of Fidelity’s bank loan and leveraged company stock funds. Prior to business school, Mr. Connolly worked in the healthcare group for investment bank Alex. Brown & Sons and at the private equity firm Madison Dearborn Partners. Currently, Mr. Connolly serves on the Board of Directors of Aware, Inc. (NASDAQ Ticker AWRE) as well as Fuse Media. Mr. Connolly graduated from Harvard University with an A.B. in American History in 1992 and received a Master of Business Administration from the Massachusetts Institute of Technology Sloan School of Management in 2000.

co-founding Millstreet Capital Management LLC in 2010

Jeffrey T. Growney

Millstreet Capital Management: Head of Business Development & Investor Relations and Partner

GMP Securities: Managing Director for six years on the High Yield and Distressed Debt sales desk

Bridgewater Associates: Director of Marketing focused on Endowments and Foundations and Corporate Pensions

Education: University of New Hampshire, B.A. 1982; Fordham University, MBA 1986


Jeff Growney joined Millstreet Capital Management in 2017 and is responsible for the firm’s business development and investor relations efforts. Prior to joining Millstreet, Mr. Growney was a Managing Director at GMP Securities for six years on the High Yield and Distressed Debt sales desk. GMP is a boutique investment bank focused on small and mid-cap companies. Prior to GMP, Mr. Growney ran the High Yield and Distressed Debt desk at BTIG. Mr. Growney has over 32 years of sales and trading experience at various Wall Street firms including Bank of America, Lehman Brothers, UBS, Citibank, ABN Amro, and Imperial Capital. Mr. Growney has also worked at Bridgewater Associates, where he was the Director of Marketing focused on Endowments and Foundations and Corporate Pensions. Mr. Growney holds a B.A. in Economics from the University of New Hampshire and a Master of Business Administration from Fordham University.

David T. Danforth

Millstreet Capital Management: Chief Operating Officer and Partner

State Street: Client Operations Manager

Education: University of Massachusetts at Amherst, BBA, 2007


Dave Danforth joined Millstreet Capital Management in 2012 as Vice President of Operations and was promoted to Chief Operating Officer in July 2018.  As COO, Mr. Danforth oversees the non-investment functions of the firm including operations and information technology. In addition to his operations role, he serves on the risk, valuation, and best execution committees for the firm. Prior to joining Millstreet, Mr. Danforth worked at State Street for five years. Mr. Danforth’s most recent role at State Street was a client operations manager, where he was responsible for managing a client-facing team providing accounting and custodial services to mutual fund managers. In this role Mr. Danforth verified accounting and reported NAVs for numerous mutual funds daily, processed monthly client billing, reviewed audit packages for client financial statements, coordinated between internal groups as the client point of contact, and managed up to four employees. Mr. Danforth holds a BBA in Finance from the Isenberg School of Management at the University of Massachusetts at Amherst, with a minor in Information Technology.

Christina L. Rosello, CPA

Millstreet Capital Management: Chief Financial Officer

Highfields Capital Management LP: Tax Director

Deloitte Tax LLP: Tax Manager

Education: Bentley University, BS, 2008; Bentley University, MST 2011


Christina Rosello joined Millstreet Capital Management in 2020.  Ms. Rosello oversees the firm’s financial functions, including day-to-day financial reporting, accounting, tax, and budgeting and accounting for the management company. She also serves on the risk, valuation, and best execution committees for the firm. Prior to joining Millstreet, Ms. Rosello was the Tax Director at Highfields Capital Management where she managed the tax compliance and tax planning process for all funds under management. Prior to Highfields, Ms. Rosello worked at Deloitte Tax LLP as a tax manager in the investment management practice, and prior to that, as a senior and staff tax consultant.  Ms. Rosello graduated summa cum laude from Bentley University with a Bachelor of Science in Corporate Finance and Accounting.  She also holds a Master of Science in Taxation from Bentley University.  Ms. Rosello is a CPA and a member of the American Institute of Certified Public Accountants and the Massachusetts Society of CPAs.

Janet Y. Kastrud

Millstreet Capital Management: Chief Compliance Officer

The Baupost Group: Compliance Analyst

Regiment Capital Advisors: Compliance Analyst

Education: Trinity College, BA, 1994


Janet Kastrud joined Millstreet Capital Management in 2018 as the firm’s Chief Compliance Officer. Ms. Kastrud is responsible for administering, updating, and enforcing the firm’s compliance program. In addition to her compliance role, she serves on the risk, valuation, and best execution committees for the firm. Prior to joining Millstreet, Janet was a Compliance Analyst at The Baupost Group. In this role Ms. Kastrud conducted regular testing of Baupost’s activities to determine whether existing practices were in compliance with federal and state regulations. She also prepared and executed various regulatory filings, such as 13F, 13H and 13G. Prior to Baupost, Ms. Kastrud was a Compliance Analyst at Regiment Capital Advisors, where she was responsible for implementation and oversight of the firm’s code of ethics and compliance policies, including policies on personal and insider trading, political contributions, valuation, document retention, AML, privacy and trade allocation. Prior to Regiment, Ms. Kastrud spent eleven years in various operations and compliance roles at Numeric Investors. Ms. Kastrud holds a BA in Political Science from Trinity College.

Allison H. Bellingrath

Millstreet Capital Management: Vice President – Marketing & Investor Relations 

Proficio Capital Partners, LLC: Client Service Manager

Convexity Capital Management, LP: Manager, Client Service

Education: Fairfield University, BA, 2008


Allison Bellingrath joined Millstreet Capital Management in 2021 as Vice President of Marketing and Investor Relations.  Ms. Bellingrath is responsible for the client service and marketing efforts of current and prospective investors.  Prior to joining Millstreet, Ms. Bellingrath was a senior member of Client Service team at Proficio Capital Partners, a multi-family office. Ms. Bellingrath was responsible for relationship management and helped to service families across multiple non-investment functions.  Prior to Proficio, Ms. Bellingrath spent seven years at Convexity Capital Management. At Convexity, Ms. Bellingrath was the Manager of Client Service where she helped to lead the firm's investor relations efforts.  Ms. Bellingrath also held various client service and marketing roles at Pathlight Capital, Great American Group and Fidelity Charitable Gift Fund.  Ms. Bellingrath holds a Bachelor’s degree in Communications and a minor in Marketing from Fairfield University.

Phillip T. Larson, CFA

Millstreet Capital Management: Research Analyst

Mercer Investment Consulting: Analyst

Education: University of Southern California, BSBA, 2012


Phill Larson joined Millstreet Capital Management in 2013. Mr. Larson is a member of the investment team and is responsible for sourcing, researching, and monitoring investment opportunities.  In addition, Mr. Larson conducts a variety of broad market research to support the investment process.  Prior to joining Millstreet, Mr. Larson was an analyst at Mercer Investment Consulting, where his duties included preparing client facing quarterly performance reports of corporate 401(k) plans, manager search and selection and due diligence, and market research. Mr. Larson graduated cum laude from the University of Southern California in 2012 with a bachelor’s degree in Business Administration, with a concentration in Investment and Financial Markets. Mr. Larson has been a CFA Charterholder since 2016.

Megan C. Waldvogel

Millstreet Capital Management: Research Analyst

Goldman Sachs: Associate on the Firmwide Strategy and Digital Strategy Teams

Evercore: Investment Banking Analyst

Education: University of Michigan, BBA 2014; MIT Sloan School of Management, MBA 2021


Megan Waldvogel joined Millstreet Capital Management in 2021 as a member of the investment team. Ms. Waldvogel is responsible for sourcing, researching, and monitoring investment opportunities. Prior to joining Millstreet, Ms. Waldvogel worked as an associate at Goldman Sachs, where her role included supporting strategic internal mergers and acquisitions, and preparing for the annual strategy presentation to the Board of Directors. Previously, Ms. Waldvogel was an investment banking analyst on the real estate team at Evercore. Ms. Waldvogel graduated from the University of Michigan with a B.B.A. from the Ross School of Business in 2014 and received a Master of Business Administration from the Massachusetts Institute of Technology Sloan School of Management in 2021.

William J. Keeley

Millstreet Capital Management: Operations Analyst

J.P. Morgan Chase: Financial Reporting Analyst

Wellington Management: Analyst

Education: Suffolk University, BSBA, 2012


Will Keeley joined Millstreet Capital Management in 2015. Mr. Keeley is responsible for supporting the accounting, trading, and marketing groups of the firm.  Mr. Keeley also maintains the monthly books and records and assists with the annual audit. Prior to joining Millstreet, Mr. Keeley worked at J.P. Morgan Chase where he was a Financial Reporting Analyst. In this role, he was responsible for maintaining the books and records of clients and coordinating the annual audit. Previously, Mr. Keeley was a Reporting Specialist in the revenue and invoicing department at Wellington Management where he maintained the bills and invoices of numerous clients. Mr. Keeley graduated cum laude from Suffolk University in 2012 with a bachelor’s degree in Business Administration, with a concentration in Finance.

Karen M. Courtney

Millstreet Capital Management: Accountant

BTMU Capital: Senior Internal Auditor

Education: Northeastern University, BS 1995; Suffolk University, MBA & MST 2004


Karen Courtney joined Millstreet Capital Management in June 2010 and is responsible for bookkeeping and assisting in all accounting functions for the management company.  Prior to joining Millstreet, Ms. Courtney worked at BTMU Capital for three years as a Senior Internal Auditor where her duties included running internal audits in BTMU’s Boston office and subsidiary, Engine Lease Finance in Shannon, Ireland. Ms. Courtney conducted internal operational and process audits, tracked, monitored and resolved all open issues, developed audit plans and audit programs, updated Internal Audit Policy and Procedures Manual as needed and regularly reported audit findings to BTMU’s parent company Mitsubishi UFJ Financial Group. Ms. Courtney holds a BS in Accounting from Northeastern University, with a minor in History and an MBA and MST from Suffolk University.

IN MEMORIAM

Rebecca J. Vail

1969 - 2018

On July 17th, 2018 our dear friend and colleague Becky Vail passed away following a long battle with cancer. We will always remember Becky for her friendship, tireless work ethic, great sense of humor, and her intelligence. Becky will be missed by all those who were fortunate enough to get to know her, and we are forever grateful for the positive impact she had on our lives and our firm.

Becky joined Millstreet Capital Management in 2010 and served as Chief Financial Officer, Chief Operating Officer, and Chief Compliance Officer. As a Partner at the firm, Becky had an instrumental role in building Millstreet's operational infrastructure. Prior to joining Millstreet, Becky served as an adviser and consultant for hedge fund managers and investment advisers, including Prelude Asset Management. She focused on developing, reviewing, and updating operations and compliance policies and procedures, as well as assisting with investor relations and fundraising efforts. Previously, Ms. Vail was the Chief Operating Officer and Chief Compliance Officer of Skystone Capital Management LP, a Boston-based small cap activist hedge fund manager and registered investment adviser. Prior to Skystone, Ms. Vail spent eight years in equity research sales as a Senior VP at Pacific Crest Securities, an independent investment bank focused on the technology industry, and as an Associate at Robertson Stephens, where she marketed technology, healthcare, and retail stocks to growth investors. She began her career at CSFB as an Equity Research Associate and as a Corporate Credit Analyst. Ms. Vail earned an A.B. in Economics with a Certificate in East Asian Studies – Japan from Princeton University and a Master of Business Administration degree with a dual major in Finance and Multinational Management from The Wharton School at the University of Pennsylvania. She served as Vice Chair of the Boston Education Committee of 100 Women in Finance and on the Boston Hedge Fund Board of the Financial Executives Alliance. She also served as Princeton University Class of 1991’s Reunions Finance Chair.