Denver, CO – Platte River Equity announced today the promotion of Derria D. Banta to Managing Director & Chief Financial Officer. She will oversee both firm and fund administration for Platte River and also serves as its Chief Compliance Officer.
Derria joined Platte River in 2012 as Chief Financial Officer, having led the firm’s fund administration on an outsourced basis since its inception in 2006. Prior to joining Platte River, she was President of an accounting firm she co-founded in 2008 to provide outsourced accounting and financial services to private equity and venture capital firms.
Derria holds a B.S. in Accounting from the University of Wyoming and is a Certified Public Accountant.
About Platte River Equity
Based in Denver, Colorado, Platte River Equity is a private equity firm focused on equity investments from $20 million to $80 million in lower middle market operating companies with enterprise values generally between $40 million and $250 million. The firm invests in four targeted industry sectors where it has deep operating and investing experience, including Aerospace & Transportation; Energy & Power; Agriculture & Chemicals; and Metals & Minerals. Platte River has raised funds with committed capital in excess of $700 million.