This is a people business, after all. Beyond our financial knowledge, we bring relentless curiosity and a collaborative spirit to every partnership — and we pride ourselves on being easy to get along with. We work hard to earn the trust of those we have the privilege to serve.
Since 1998, we’ve built a vast network of accomplished CEOs and other executives with operational expertise that aligns with our partner companies. Many of them have already completed a partnership with Tonka Bay. Though not involved in day-to-day operations, these partners offer indispensable knowledge and insight for our active management teams.
Cary founded Tonka Bay Equity Partners in 1998, and he specializes in advising private companies on growth strategies and mentoring management teams. Cary’s board service includes multiple private companies as well as public and non-profit boards. Prior to founding Tonka Bay, Cary was a senior executive at a private equity owned manufacturing company. He had previous experience in leveraged finance at leading financial institutions and began his career at Ernst & Young. Cary is a graduate and active alumni of Saint John’s University and attended the Carlson School MBA program at the University of Minnesota.
Peter co-founded Tonka Bay Equity Partners in 1998. Prior to that, he managed a portfolio of private companies for the Cargill/MacMillan family office. He also worked in leveraged finance and merchant banking for U.S. Bank after beginning his career with Fleet Bank. Peter is a graduate of Wheaton College, the Thunderbird School of Global Management, and Gordon Conwell Theological Seminary.