Our Team

M. Adam Elmore


Carousel Capital

Adam Elmore joined Carousel Capital in 2017. Previously, Mr. Elmore was a Director at BlackArch Partners, where he led the firm’s private company advisory practice, a proprietary business unit within the firm that focused on establishing and building client relationships with owner-operators, family businesses, and management teams across twelve industry verticals.

Mr. Elmore leads Carousel Capital’s investment origination efforts. In this role, he is responsible for originating, assessing, and developing investment leads and relationships with companies. He also develops and maintains relationships with entrepreneurs, investment bankers, attorneys, accountants, financing providers, and other sources of opportunities.

Mr. Elmore received a Bachelor of Arts in History from Davidson College and a Master of Business Administration from the Fuqua School of Business at Duke University.


Our style is much different than most PE firms in that we are willing, and prefer, to invest in long term relationships with business owners well in advance of a potential transaction. Our returns and relationships validate that approach.

M. Adam Elmore, Principal