Peter Denious leads the AdvanceCT team as its President and CEO. He came to AdvanceCT in August 2019 as an accomplished private equity and venture capital professional who helped realize commercial and economic opportunity by connecting ideas, people and capital.
For the previous 17 years, Peter worked for FLAG Capital Management and its successor, Aberdeen Standard Investments, based in Stamford, CT. Peter was a member of the senior leadership team responsible for growing the FLAG private equity platform to over $6.5B in AUM from approximately $1B when he joined in 2001. During his tenure, Peter oversaw the venture capital fund investment program and became deeply involved with FLAG’s push into international markets, particularly Europe and Asia. He was a member of both the Investment and Management Committees and was ultimately responsible for a $2B investment portfolio. Before FLAG, he worked for J.H. Whitney & Co. a direct private investment firm based in Stamford, CT. He started his private equity career following business school at BancBoston Capital based in Boston, MA. Prior to graduate school, Peter worked for Prudential Securities and Chemical Bank in investment and commercial banking.
Peter is a graduate of Trinity College and received his MBA from the Tuck School of Business at Dartmouth College, where he is a board member of the Center for Private Equity and Venture Capital. Peter is an Ex-Officio member of the Governor’s Workforce Council. He is also a member of Social Venture Partners Connecticut, a not for profit focused on closing the opportunity gap in Connecticut by supporting innovative organizations and initiatives in education and workforce development.