Baltimore’s ABS Capital gets a new managing general partner. And he’s based in D.C.

ABS Capital General Partner Mike Avon will now co-lead the Baltimore-based growth equity firm as part of a series of promotions and changes at the top. Avon, previously a general partner at the firm and founder of D.C.-based ICX Media, is now managing general partner of ABS alongside current managing general partner John Stobo, based out of San Francisco. Avon will oversee the firm’s business and tech enabled services group from the company’s D.C. office. I previously wrote about Avon joining ABS Capital and opening up a D.C.-based office in late 2019.