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JMI Equity Promotes Two In San Diego

San Diego- and Baltimore-based private equity investor JMI Equity announced a number of promotions this morning, including promoting two individuals in San Diego. According to JMI Equity, it has promoted Sureel Sheth to Principal and Chase Thomet to Vice President in San Diego, in addition to naming a number of new partners and principals out of its Baltimore office. Sheth is currently a director of Healthx, and was involved in the investments in Adaptive Insights, Capsule Tech, CipherHealth, Halogen, PointClickCare, and Yello; Thomet previously was at Bank of America Merrill Lynch, and has been involved in the investments in Arena, Avecto, Code42, HackerRank, and Workfront. JMI Equity makes growth equity investments in software companies.