MEET OUR TEAM

Kenneth F. Gudorf, President & CEO Ken@Agio-Capital.com
Donald M. Haas, Managing Director Don@Agio-Capital.com


Ken Gudorf has a substantial background in both investing in companies and in providing management oversight. His educational background includes an MBA in Finance from the University of Michigan and a BA from the University of Dayton.

He was responsible for Gulf Oil's acquisition and divestiture department in the late 1970s and early 1980s, and his experience included many non-energy deals including software development, paint, asphalt, and various real estate activities.

As CFO of Diversified Energies, Mr. Gudorf led the corporate effort to diversify via combination of acquisitions and start-up activities. This included a $50 million acquisition of a telecommunications manufacturer, a $125 million oil and gas company, an oil field services company, and a start-up appliance repair business.

As CFO of the Carlson Companies (Radisson Hotels, TGIF Restaurants and Carlson Travel Network) Mr. Gudorf participated in the review of numerous investment opportunities both for the company and the Carlson family, and led the effort in finding and negotiating the acquisition of a substantial wholesale travel company.

In addition, Mr. Gudorf had business and financial responsibilities as vice chairman of Gage Marketing Group. He was also active in establishing four start-up ventures for Gage. In each one, Mr. Gudorf played a key role in setting the strategic plan for the entity as well as negotiating the compensation plans for management.

Mr. Gudorf has also been actively involved in the investment community as a member of the Investment Advisory Council for the Minnesota State Board of Investments (SBI) since 1984. The Advisory Council provides advice and counsel to the SBI with respect to $42 billion of pension investments for Minnesota state employees. Mr. Gudorf has focused on the alternative investment area of fund investment and is the chairman of the SBI's Alternative Investment Committee which currently has an investment allocation of $3.8 billion. In this capacity, he has met with and actively discussed alternative investment strategies and investment performance with leading private equity and venture capital investment companies throughout the United States

Mr. Gudorf was also on the Board of Directors and chairman of the Audit Committee of ZEOS International, a start up company that went public in 1990. ZEOS' sales were over $250 million when it was successfully merged in 1995 with two subsidiaries of Micron Technology. In addition, Mr. Gudorf is also a director of Gage Marketing Group, a diversified marketing services entity.  

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Don Haas has extensive experience with investing in and operating mid-market private companies. His background includes 12-year career at Price Waterhouse and operating experience as CFO of several companies within a holding company environment. He received an undergraduate degree with an accounting major from the University of Wisconsin at La Crosse and an MBA from the University of Minnesota in 1978.

As a partner at Price Waterhouse, Mr. Haas was responsible for the Minneapolis middle market audit and merger and acquisition practices. Mr. Haas has extensive experience with public reporting requirements and financings ranging from small private placements to large public offerings. He was a key advisor to scores of transactions.

Mr. Haas left Price Waterhouse to be the CFO of a private investment company, NJK Holding Corporation (NJK). NJK had nine portfolio companies largely participating in the information services industry including: computerized testing, litigation support, health insurance claim processing, automobile leasing and software development. At NJK, Mr. Haas was part of the 3-member team responsible for strategy, executive management, financial operations, corporate development, acquisitions and divestitures. The combined companies employed approximately 2,000. In 1995 and 1996, Mr. Haas was integral to the divestiture of many of the portfolio companies which resulted in substantial investment returns.

During his career, Mr. Haas has been active in the community serving on two nonprofit boards, teaching at the University of St. Thomas, speaking at the University of Minnesota and participating in Rotary International.

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Agio Capital Partners I, L.P.
5050 Lincoln Drive, Suite 420
Edina, Minnesota 55436
Tel. 952-938-1628