Finance News

CSIC Announces New Leadership and Formation of Pelagic Partnership

Patrick Lagrange will lead the charge to build the investment arm of CSA

CSIC-Logo2Continental Shelf Investment Capital, Inc. (CSIC) is pleased to announce that Patrick Lagrange is joining the firm as its new Managing Director. Lagrange will help manage CSIC’s existing investments in the coastal, ocean, and subsea industries and look for new opportunities.  Working with fledgling and established entrepreneurs alike, Lagrange and CSIC will work to help entrepreneurs develop their concepts and ideas into great businesses.   “CSIC’s mission of supporting and growing companies with the capital needed to get to the next stage is exciting.  I’m thrilled to be part of this effort,” said Lagrange.

Hailing from New Orleans, Lagrange brings with him nearly two decades of experience investing in and advising companies in a variety of capital markets, M&A, and restructuring transactions.  Lagrange began his career as an attorney working for the oil industry through the early 1990s.  He then made a career shift that would allow him to pursue his interest in finance by earning an MBA from New York University.  After that he worked with several leading investment and financial advisory firms in the Northeast.  He joins CSIC from Carl Marks Advisory Group LLC, a leading middle market New York-based investment bank and financial advisory firm where he served as CEO of the firm’s broker/dealer affiliate and head of its strategic research unit.

Lagrange has played a leading role in the corporate restructuring industry.  In 2009 – 2010, he served as President and Chairman of the Turnaround Management Association, the premier global professional organization dedicated to corporate renewal with over 9000 members in 47 chapters in the Americas, Europe, Asia and Africa. 

In addition to his work at CSIC, Mr. Lagrange will serve as President of Pelagic Strategic Partners LLC (Pelagic).  Pelagic is a newly formed CSA affiliate that will bring high-quality strategic and management consulting services to small-growth stage companies in the coastal, ocean, and subsea industries.  “Pelagic will work in partnership with CSIC to help entrepreneurs build great companies by combining its capital with Pelagic’s management services,” said Lagrange.

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