Red Arts Capital Names Ryan Grand as Head of Business Development to Lead Deal Origination 

CHICAGO--(BUSINESS WIRE)--Mar 25, 2025--

Red Arts Capital (“Red Arts”), a leading investment firm specializing in supply chain-related and logistics businesses, today announced the appointment of Ryan Grand as Head of Business Development. Mr. Grand will lead the deal sourcing function at the firm and build upon existing relationships with key intermediaries, executives, and stakeholders in the M&A ecosystem.

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“We are excited to welcome Ryan to the Red Arts team. His extensive private equity expertise and leadership experiences will be critical as we expand our strategic initiatives and grow our portfolio,” said Nick Antoine, Co-CEO and Managing Partner of Red Arts. “Ryan’s deep experience of building enduring relationships and sourcing opportunities aligns well with our mission to identify and execute on compelling investments.”

Mr. Grand joins Red Arts after serving as Managing Partner at EO Capital Partners. During his tenure, he led the firm’s principal investing activities with a focus on acquiring profitable companies in the lower middle market. Prior to his time at EO Capital Partners, Grand held key positions at HKW, Jefferies and Company, and Mesirow Financial. He holds an MBA from The University of Chicago Booth School of Business and a BA from Wabash College.

“I am thrilled to join Red Arts at such an exciting time in the firm’s trajectory,” said Mr. Grand. “I look forward to deepening our existing relationships and expanding our reach across the middle market within our core investment sectors.”

About Red Arts Capital

Based in Chicago, Illinois, Red Arts Capital is a leading investment firm with over $300 million in assets under management, with a focus on supply chain-related and logistics businesses. Red Arts Capital seeks to partner with and invest in proven, successful businesses that are uniquely positioned in their market and led by superior management teams to execute the value creation strategy and generate strong shareholder returns. With sector expertise and a commitment to responsible stewardship and excellence, Red Arts Capital supports its portfolio companies through its operational playbook, world-class network of operating partners, advisory councils and supply chain expertise.

Ryan Grand, Head of Business Development

Los Angeles District Attorney Nathan Hochman is allowing county prosecutors to seek the death penalty again, reversing a ban put in place by his predecessor and making good on a campaign promise.

The county prosecutorial office said Monday the death penalty will be pursued only in “exceedingly rare cases” and the “most egregious."

“I remain unwaveringly committed to the comprehensive and thorough evaluation of every special circumstance murder case prosecuted in Los Angeles County,” Hochman said in a statement.

California Gov. Gavin Newsom issued a moratorium on the death penalty in 2019, and the last prisoner executed in the state was in 2006. The governor's term ends in January 2027 and he isn't eligible for reelection.

Under the new policy in LA, defense attorneys will be given opportunities to share information about defendants when the death penalty is under consideration, and survivors left behind by murder victims will also be able to share their views.

Removing the death penalty was one of the first changes implemented by former DA George Gascón when he took office in 2020. In a special directive, he called it “inextricably intertwined” with racism and said executions did not deter crime. He also said his office would conduct a thorough review of all condemned inmates from LA County with the goal of lifting their death penalty sentences.

Gascón was ousted by Hochman last year, reflecting growing discontent in the state with progressive district attorneys and criminal justice policy changes.

During his campaign, Hochman vowed to consider the death penalty for extreme cases as long as it was state law.

California currently has 592 condemned inmates, with 206 of them from LA County. A majority have been transferred from the former death row at San Quentin State Prison to be housed with the general population at other maximum security prisons.

This story has been updated to correct that the last prisoner executed in California was in 2006, not 2016.

FILE - Los Angeles County District Attorney Nathan Hochman speaks at a news conference in Los Angeles, Monday, March 10, 2025. (AP Photo/Damian Dovarganes, File)