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Mr. Harlan is the Managing Partner, a founding member of Rockland Capital and is on the firm’s Investment Committee. He is responsible for deal origination, management, strategy and business operations. Mr. Harlan has served on the board of most of Rockland’s portfolio companies.
Since 1982, Mr. Harlan has experience in all aspects (M&A, commercial, technical and operational) of the electric power business. Prior to founding Rockland in 2003, he focused on the independent power acquisition and restructuring business at El Paso Merchant Energy and Cinergy Capital & Trading. Earlier, Mr. Harlan was involved in building a power marketing and trading business for Koch Industries and has over ten years of electric power marketing and power plant engineering experience with Delmarva Power.
Mr. Harlan has a BS in Mechanical Engineering from Virginia Tech and an MBA from the University of Delaware.
Mr. Litts has been a lead investment professional with Rockland Capital since its inception and is on the Investment Committee. His responsibilities at Rockland include business development and deal structuring and he has been deeply involved in the commercial management and disposition of many of Rockland’s portfolio assets.
Mr. Litts has worked in the power industry since 1998 and has led due diligence and commercial negotiations on many transactions. Prior to Rockland, he focused on acquisitions, divestitures and restructurings of independent power projects at El Paso Merchant Energy and had previously worked on independent power project restructuring transactions at Cinergy Capital. Earlier, Mr. Litts spent five years in the financial services industry.
Mr. Litts is a CFA charterholder and has a BA in Economics and an MBA in Finance both from the University of Texas at Austin.
Mr. Maiz has been a lead investment professional with Rockland Capital since early 2003 and is on the Investment Committee. He is responsible for the origination, evaluation and closing of Rockland acquisitions and has taken the lead on the commercial management of several Rockland portfolio companies.
Mr. Maiz has worked in the domestic energy industry since 1998. Mr. Maiz has both technical and commercial experience. Prior to joining Rockland, his focus was on executing acquisitions, restructurings and divestitures of independent power projects at El Paso Merchant Energy, where he led and supported several successful transactions. Prior to El Paso, Mr. Maiz spent eight years with the Royal Dutch/Shell group of companies. The commercial roles he held included both power plant development at Coral Energy and the acquisition and development of domestic natural gas properties at Shell Exploration and Production Company.
Mr. Maiz holds an MBA from Tulane University and a BS in Engineering from the University of South Florida.
Mr. Zapalac has been an investment professional with Rockland Capital since 2003. His primary responsibilities at Rockland include origination, evaluation and structuring of investments. Mr. Zapalac also plays a key role in the management of the commercial affairs of Rockland’s portfolio companies.
Since 2001, Mr. Zapalac has worked in the energy industry. Before Rockland, he was involved in acquisitions, restructurings and divestitures of independent power projects at El Paso Merchant Energy. During his time at El Paso, Mr. Zapalac was involved in transaction due diligence, structuring, negotiations and valuation. Previously, he worked as an engineer in the oil field services industry.
Mr. Zapalac received a BS in Engineering and an MBA in Finance both from the University of Texas at Austin.
Mr. Beach rejoined Rockland in 2013 after having worked with the firm from 2006 through 2010. His primary responsibilities include origination, evaluation and structuring of investment transactions. Between Rockland positions Mr. Beach worked with Partners Group, where he was an Investment Manager focused on the origination and management of power and infrastructure investments.
Previously, Mr. Beach worked for two years as an analyst in the Global Energy and Power Group in the Investment Banking Department of Merrill Lynch. There he worked on mergers and acquisitions, as well as equity and debt financings.
Mr. Beach holds a BA in Mathematical Economic Analysis and a MA in Chemistry both from Rice University.
Mr. Barndt joined the Rockland team in 2012. He oversees the firm’s asset management, plant operations and is involved in technical due diligence efforts for Rockland acquisitions.
Mr. Barndt has over thirty-seven years of experience in the power generation industry. Prior to joining Rockland, he ran a global power industry consulting practice. Mr. Barndt’s experience includes various positions in operations, maintenance, asset management, corporate governance, EH&S, HR, construction & commissioning, acquisition due diligence and development.
Mr. Barndt graduated from the U.S. Navy Propulsion Engineering School and, after serving seven years, he received an Honorable Discharge.
Mr. Paff joined Rockland Capital in 2014. He works in conjunction with Ed Barndt overseeing asset management and plant operations activities.
Mr. Paff has 23 years of experience in the power generation industry that includes development, construction, engineering, operations, maintenance and asset management. Prior to joining Rockland, his experience includes various positions (domestic and international) with Marubeni Power International Inc., MPR Associates, Calpine, Intergen, Sithe Energies and General Dynamics Electric Boat Division.
Mr. Paff has a MS in Mechanical Engineering and a BS in Mechanical Engineering from Clarkson University.
Mr. Rapenske began working with the Rockland team in January 2004. During his first two years, he was a plant manager at Prime Energy, and was instrumental in the restructuring of the project. Since then, he has been an asset manager for Rockland, providing oversight and direction to Rockland facilities.
Mr. Rapenske has over 30 years of experience in the power generation industry that includes plant management, operations and maintenance management, asset management, technical training and program development, and plant assessments. His experience spans oil- and gas-fired simple and combined cycle facilities, coal-fired steam plants and nuclear plants. Mr. Rapenske has broad experience in project ownership transitions, having transitioned and managed projects for Tenaska Power Fund, LS Power, Aquila, GPUI and Rockland Capital.
Mr. Rapenske is a graduate of the Navy Nuclear Program, with service in the submarine fleet as well as experience as a lead instructor for the GE Trident Design School.
Ms. Banks began working with the Rockland team in 2010. Her key responsibilities include commercial management of Rockland’s projects and due diligence and asset valuation of Rockland’s acquisitions.
Ms. Banks has over ten years of energy industry experience. Prior to joining Rockland, she focused on commercial development, forecasting, asset valuation, and strategic analysis at Complete Energy Holdings. Ms. Banks worked for five years at Dynegy, Inc., where she developed forecast and valuation models and detailed market trend analyses of potential M&A opportunities for the board of directors and executive management team. In addition, she managed personnel that supported asset management, investor relations, risk management and energy trading.
Ms. Banks holds a MA and PhD in physics from Rice University and a BS in physics with a concentration in mathematics from the University of the South in Sewanee, TN.
Ms. deLaunay began working with the Rockland team in 2014. Her key responsibilities include commercial management of Rockland’s projects and due diligence and asset valuation of Rockland’s acquisitions.
Ms. deLaunay has over nineteen years of energy industry experience. Prior to joining Rockland, she developed and managed the Energy Management Agreement Business for Merrill Lynch Commodities Power Trading group for the last ten years.
Ms. deLaunay holds a BS in Electric Engineering with a concentration in Management Information Systems, programming and network design from Cornell University in Ithaca, NY.
Mr. Peterson joined Rockland Capital in 2010. His primary responsibilities include origination, evaluation and structuring of investment transactions.
Previously, Mr. Peterson worked as an analyst for UBS Investment Bank. There he focused primarily on M&A and financing transactions in a variety of industries.
Mr. Peterson holds an MBA from The University of Texas at Austin and a BS in Accounting from Brigham Young University.
Mr. Smith joined Rockland in 2016. His primary responsibilities include evaluation and analysis of investment transactions.
Previously, Mr. Smith worked as an investment associate at Zelnick Media Capital, a middle-market private equity firm focused on the media and communications sector. In addition, Mr. Smith worked as an analyst with Bank of America Merrill Lynch in their Power and Utilities investment banking group.
Mr. Smith holds a BS in Finance from Penn State University.
Mr. Sabournin joined Rockland Capital in 2017. His primary responsibilities include evaluation and analysis of investment transactions.
Previously, Mr. Sabournin worked as an analyst with Moelis & Company in their investment banking group.
Mr. Sabournin holds a BA with double major in Economics and International Studies from Northwestern University.
Mr. Moore joined Rockland Capital in 2018. His primary responsibilities include evaluation and analysis of investment transactions.
Previously, Mr. Moore worked as an analyst with Deutsche Bank in their investment banking group.
Mr. Moore holds a BA with double major in Economics and History from Washington and Lee University.
Mr. Baer joined Rockland Capital in 2018. His primary responsibilities include evaluation and analysis of investment transactions.
Previously, Mr. Baer worked as an analyst with Bank of America Merrill Lynch in their investment banking group.
Mr. Baer holds a BA with major in Economics from Dartmouth College.
Mr. Yeager was a founding member of Rockland Capital in 2003. His primary responsibilities include business origination, structuring and financing of Rockland projects. Mr. Yeager has been involved in the management of several of Rockland’s portfolio companies.
Mr. Yeager has over 20 years of experience, from both a commercial and banking perspective, in the domestic and international power business. Prior to joining Rockland, Mr. Yeager worked in the independent power project acquisition and restructuring business. He was one of three founders of Cinergy Capital & Trading and later as commercial lead for several successful acquisitions and restructurings of projects at El Paso Merchant Energy. In addition, he managed El Paso’s European power asset group, where he brought the restructuring model to the European IPP sector. Earlier, Mr. Yeager worked in both the Project Finance and Interest Rate Derivatives Groups at TD Securities in New York.
Mr. Yeager is a CFA charterholder and holds a BS from Rutgers University and an MBA from Duke University.
Ms. Everett is Rockland’s Chief Financial Officer and is responsible for the financial management and administration of Rockland, its Funds and Portfolio Companies. Ms. Everett also serves as the firm’s Chief Compliance Officer.
Ms. Everett has worked in the private equity industry since 2003, serving as the Vice President of Finance for Perseus, L.L.C., a Washington D.C. based merchant bank and private equity fund manager with more than $1.6 billion in committed capital across seven funds, as well as four and a half years with The Carlyle Group where she oversaw the financial management, operations, and investor reporting for 62 global private equity fund entities. Prior to joining Carlyle, Ms. Everett spent several years in the Corporate Financial Reporting department for Salt River Project (“SRP”), the nation’s third largest public power utility with more than $7.4 billion in power generation assets. While at SRP, Ms. Everett was involved in the preparation of the company’s audited financial statements, business-unit management financial reporting, and activity-based cost accounting. Ms. Everett was also previously a Senior Analyst with Arthur Andersen, LLP.
Ms. Everett received a BS from the University of North Carolina and an MS in Finance from Golden Gate University in San Francisco, California.
Ms. Tang has been Rockland’s Controller since its inception in early 2003. She is responsible for preparing financial statements for Rockland its Funds and Portfolio Companies, coordinating state and federal tax preparation and general administration and office management.
Ms. Tang has over 28 years of accounting experience, all in the funds investment industry, including private equity funds, hedge funds, and public funds, including over 13 years of experience in funds investing in the electric power industry. Ms. Tang’s prior positions include various accounting roles at American General Life Insurance Company and Hambro America, Inc.
Ms. Tang has a BBA degree in Public Accounting from Pace University.
Ms. Meche joined Rockland Capital in 2010. Her primary responsibility is providing leadership and management of accounting and reporting for Rockland’s Portfolio Companies.
Ms. Meche has over 20 years of accounting experience in various industries; primarily focused within the energy sector since 2004. Prior to joining Rockland, Ms. Meche was Controller and worked in various roles as an accounting consultant for Complete Energy. Ms. Meche worked several years as a manager in the Financial Reporting group at Browning-Ferris Industries, Inc., a then publicly-held waste services company. Ms. Meche was also previously a Manager with Arthur Andersen LLP.
Ms. Meche received a BBA from the University of Houston and is a Certified Public Accountant.
Ms. Davis joined Rockland Capital in 2012. Her primary responsibilities include entering and maintaining financial information in Rockland’s accounting software for the company, its Portfolio Companies and the Funds. Ms. Davis also assists in preparing financial statements, tax returns, and investor correspondence for Rockland and its Funds.
Previously, Ms. Davis was an assurance associate with Ernst & Young, LLP, where she served as an auditor focused on companies within the oilfield services and energy sectors, as well as private equity funds.
Ms. Davis is a CPA with the Texas State Board of Public Accountancy, holds a BBA in Accounting and an MS in Finance both from Texas A&M University in College Station, Texas.
Ms. Zhang joined Rockland Capital in 2015. Her responsibilities include preparing and coordinating portfolio company financial closing, in addition to consolidating financial statements.
Prior to joining Rockland, Ms. Zhang was a Senior Corporate Accountant at Airports Worldwide, Inc. Ms. Zhang was in charge of the company’s month end closing and financials. Furthermore, she served as an auditor at KPMG focusing on the oil and gas industry as well as oilfield services.
Ms. Zhang is a CPA with the Texas State Board of Public Accountancy and holds a BBA and MS in Accounting, both from the University of Houston.
Ms. Marugg joined Rockland Capital in 2018. Her responsibilities include reviewing and preparing financial information and accounting schedules, including financial statements for the funds’ portfolio companies.
Prior to joining Rockland, Ms. Marugg was a Financial Reporting manager at Carriage Services, Inc. Ms. Marugg was in charge of financial reporting and analysis.
Ms. Marugg is a CPA with the Texas State Board of Public Accountancy and holds a BBA in Accounting from Sam Houston State University.
Ms. Portillo joined Rockland Capital in 2017. Her primary responsibilities include entering financial close information and journal entries into Rockland’s accounting software, assisting with financial statement preparation and performing treasury management functions for the funds, investment entities, and the Management Company.
Previously, Ms. Portillo was an Accounts Receivable Specialist and spent prior years in various accounting positions. Ms. Portillo holds a BBA in Accounting from University of Houston Downtown.
Ms. Cardenas joined Rockland Capital in 2018. Her primary responsibilities include entering invoices and processing payments in Rockland’s accounting software for the funds, investment entities, and for the Management Company.
Previously, Ms. Cardenas was an Accounts Receivable/Payable Specialist at American Bureau of Shipping. Ms. Cardenas holds a BA in Interdisciplinary Studies from University of Houston Downtown.
Ms. Warnke joined Rockland Capital in 2010. Her primary responsibility is to ensure the smooth running of Rockland’s corporate offices, including facilities management, vendor services, equipment, communication and IT services. In addition, Ms. Warnke is responsible for the planning, development, organization and execution of corporate conferences and events which provide opportunities for the firm to communicate investment updates and business initiatives to limited partners. Specifically, Ms. Warnke is responsible for program development, speaker and presentation management, venue contracting and negotiations, event registration and logistics management. She is also responsible for corporate travel management.
Ms. Warnke works with the Chief Compliance Officer on a variety of assignments and is Rockland’s Business Continuity & Information Security Officer.
Previously, Ms. Warnke was an administrative member of JP Morgan’s Principal Investments group. Ms. Warnke has over 25 years of experience in the energy industry, in a variety of administrative positions, and holds a BA in Communication from Stephen F. Austin State University.