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Michelle Chaiken
Controller

Michelle brings 15+ years of experience in financial oversight, operations, and creating systems and processes. Most recently, Michelle served as CFO and co-owner of the business Remodel Boutique, working with investors on residential real estate projects in Austin. Prior to real estate, Michelle worked with international corporations and local nonprofits, including Explore Austin and Texas HERO, to provide finance, accounting, and operational supervision. Michelle received a BBA in Finance from The University of Texas at Austin.

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Morgan Chowns
Fund Accountant

Morgan's prior professional experience has been in finance and operations, primarily in
construction. Before joining the Recurring Capital team, she was the Finance and Business
Operations Coordinator for a luxury home builder where she was responsible for budget
analysis across all projects, coordination and preparation of fund requests with investors, and
accounting. Morgan is originally from Pennsylvania where she received a Bachelor of Science
degree in Finance and Economics from West Chester University. She is working towards
completing a certification in financial planning and analysis (FP&A) modeling.

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Trevor Cook
Vice President

Trevor joined Recurring Capital in 2016 after experience in venture capital, institutional equity research, and investment banking across a variety of industries. Prior to Recurring Capital, he was head of due diligence at MicroVentures, a leading equity crowdfunding platform, where he was responsible for conducting due diligence on early-stage investment opportunities across a number of technology and technology-enabled verticals. Before joining MicroVentures, Trevor was an Equity Research Associate at Cowen & Co., where he performed industry-level and company-specific fundamental research on managed care and healthcare services companies. Trevor started his career in investment banking, where he provided strategic advisory and transaction execution, most recently at Cain Brothers, a New York-based healthcare-focused boutique investment bank. Trevor received a BBA in Economics from Texas Tech University. He is a CFA charterholder.

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Eric Effinger
Associate

Eric’s professional experience covers transaction accounting, capital markets, and technology investment banking. Most recently, Eric was an analyst with a SaaS-focused buy-side investment bank and advisory firm, District Capital Partners. At DCP, he advised financial sponsors and strategic investors on acquisition strategy and execution. Prior to his role at DCP, Eric was an Associate in PwC's Deals practice, providing capital markets and accounting advisory solutions to large multinational corporations and private equity investors undergoing acquisitions, divestitures, and other liquidity events. Eric has a Bachelor’s in Business Administration and a Master’s in Professional Accounting from the University of Texas at Austin. Eric is a licensed CPA.

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Brian Henley
Managing Partner

Brian founded Recurring Capital in 2015, leveraging two decades of experience in technology entrepreneurship and investing. At thirty, he launched his first tech company and spent the next twenty years building businesses through all the available capital avenues, including bootstrapping, angel and venture capital, private equity, and IPO. Before establishing Recurring Capital, Brian was the EVP of Corporate Development and M&A at Upland Software (NASDAQ: UPLD), where he led the acquisition strategy and played a pivotal role in the company's IPO. This role highlighted the potential of SaaS businesses with recurring revenue, inspiring him to create Recurring Capital to provide growth capital to SaaS founders. Brian holds a BS in Industrial Engineering from the University of Arkansas and an MBA from Harvard Business School.

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J.W. Henley
Associate

J.W.’s professional experience covers data analytics, product strategy, and business development. Most recently, J.W. was a Senior Manager at American Express leading a Deposit Insights and Analytics team. Prior to American Express, J.W. worked at Capital One in Banking and Card Analytics. He received a BA in Economics from Vanderbilt University.

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Chico Korth
Managing Director

Chico manages investor relations for Recurring Capital. Prior to joining Recurring Capital, Chico led business development for Miura Global, a global investment firm based in New York City. Prior to Miura, he was Chief Operating Officer of Rogge Capital Management in Austin, Texas, where he worked with Brian. Before Rogge Capital Management, Chico was a Managing Director of Institutional Sales and Trading for Deutsche Bank in both San Francisco and New York City. Prior to Deutsche Bank, he was a Vice President for JPMorgan. Chico started his career in the financial services industry with Brown Brothers Harriman. He received a BA in History from the University of Texas at Austin and an MBA from Northwestern University.

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Bradley McBride
Managing Director

Bradley brings over 15 years of private investing experience across various asset classes and industries. Before joining Recurring Capital in 2018, he managed Dozier Capital Partners, the single-family office of Nicholas Dozier, Founder of Atlas Technology Group. DCP focused on growth equity and debt investing in enterprise software and tech-enabled services companies. Previously, he served as Vice President at Sampa Partners, a technology-focused private equity group in Austin, TX. From 2007-2012, Bradley served as Associate/Principal at Hersh Family Investments, where he helped invest the personal capital of Kenneth A. Hersh, Founder of NGP Energy Capital Management. He started his career in Investment Banking as an analyst in the M&A advisory group at Southwest Securities in Dallas, TX. He received a BBA in Finance & Accounting from TCU and is a CFA charter holder.

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Matt Smith

Vice President

Matt leads portfolio management for Recurring Capital and brings 10+ years of operational experience growing, scaling, and exiting early-stage software companies. Most recently, Matt served as Chief Financial Officer of GoodUnited, a SaaS company providing social fundraising solutions to nonprofits. Prior to GoodUnited, Matt served as Chief Financial Officer of AssureSign, a leading provider of electronic signature software and a Recurring Capital portfolio company, ultimately guiding the company to a successful strategic exit. Matt began his career at Entrada Health, a mobile health documentation and productivity platform for healthcare providers, subsequently acquired by NextGen Healthcare (NASDAQ: NXGN). Matt received a BBA in Finance from Auburn University and an MBA from Belmont University.

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Matt Stewart
Managing Director & COO

Matt brings 20+ years of finance and operations experience to Recurring Capital. Most recently, Matt served as Chief Financial Officer and Chief Operating Officer of WM Capital Partners, an investment manager of distressed loans and other downside-protected strategies.  Previously, Matt was President of ALG Fund, a family office investment fund, where he was responsible for investments and operations. Prior to ALG Fund, Matt was Chief Strategic Officer of the long/short equity fund Plural Investments, where he led the build-out of teams, trading systems and firm-wide policies and processes. Matt began his professional career in investment banking at Bank of America, where he worked in the Financial Institutions Group and later in the Convertible Capital Markets group. Matt received a Bachelor’s Degree in Music from Brown University.