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Pine Brook promotes 2 to partners

New York-based private equity firm Pine Brook Partners LLC promoted Ted Maa and Scott Schaen to partners.

Maa and Schaen served on the firm's energy and financial services investment teams, respectively.

Both executives represent the firm at various portfolio companies, with Maa serving as a board director of Accelerate Resources Holdings LLC, Ancova Midstream LLC, Elevation Resources LLC, High Ground Energy Inc., Saguaro Resources Ltd. and Serafina Energy Ltd. Schaen is a board member of Clear Blue Financial Holdings LLC.

Pine Brook provides capital to financial services and energy companies.