Malcolm Appelbaum Bio

Malcolm Appelbaum is a Managing Director and the Chief Financial Officer and Chief Compliance Officer of Gemspring Capital. Prior to joining Gemspring, Malcolm served as an independent operating partner to H.I.G. and other private equity sponsors having founded a consulting practice, AppleTree Advisors, to assist middle-market and lower-middle market businesses achieve their profitability, growth and value objectives. As an operating partner, Malcolm served as interim CFO, restructuring specialist or due diligence and financial consultant on over a dozen H.I.G. portfolio companies from 2001-2015 as well as restructuring, acquisition and divestiture assignments for other lower-middle market private equity portfolio companies. In addition, Malcolm previously served as the Chief Financial Officer of Globe Specialty Metals, a producer of silicon metal and silicon-based specialty alloys. Malcolm took the company public on NASDAQ and led the accounting, finance and technology teams, completing numerous acquisitions, effecting divestitures of non-core assets, completing several major debt financings and implementing SAP and SOX compliance. Earlier, Malcolm was a Partner at Wand Partners, a middle-market private equity firm, where he was responsible for a broad range of activities including sourcing, due diligence, portfolio company management and accounting & administration. Malcolm began his career as an Accountant at Deloitte and a Financial Analyst at Goldman Sachs. Malcolm received a BS in Accounting from City University of New York – Brooklyn College and an MBA in finance from Columbia University. He is a Certified Public Accountant registered in New York.