Rhode Island FC Welcomes New Head Kit Manager Nick Coelho
Rhode Island FC is pleased to announce Nick Coelho as the club’s new Head Kit Manager. Coelho joins Rhode Island FC from FC Morristown of the National Premier Soccer League (NPSL), where he served as Head of Kit Logistics and helped lead the club to the 2022 NPSL Championship.
In his role as Head Kit Manager, Coelho will oversee all aspects of Rhode Island FC’s kits and equipment. His responsibilities will include managing kits on match days, ensuring all kits are properly cleaned and maintained, and coordinating with kit sponsors.
“We’re thrilled to welcome Nick to the Rhode Island FC family,” said Brett M. Johnson, Chairman of Rhode Island FC. “Nick brings a wealth of experience in kit management and logistics from his time with FC Morristown. His proven track record of success and commitment to excellence will be invaluable as we continue to build our club.”
“I’m excited for the opportunity to join Rhode Island FC and help establish the club as a leader in the USL Championship,” said Coelho. “Rhode Island FC is building something special, from a new stadium to a competitive squad, and I’m looking forward to doing my part to contribute to the club’s success.”
About Rhode Island FC
Rhode Island FC is Rhode Island’s professional soccer team, set to join the USL Championship in 2024. The club is committed to bringing high-level professional soccer to Rhode Island and engaging with fans and the local community. Rhode Island FC is building a new, soccer-specific stadium at the Tidewater Landing development in Pawtucket. The club is co-owned by Chairman Brett M. Johnson, owner of Fortuitous Partners and Benevolent Capital.
Benevolent Capital
At Benevolent Capital we have carved a niche for our investors by seamlessly blending traditional family values with cutting-edge investment strategies. Our approach is characterized by a thoughtful fusion of innovation and prudence, ensuring that every investment aligns with the long-term vision and legacy goals of our clients.
As principals we co-invest our own money in every deal we participate in, we do not charge our investors management fees, investors receive a 100% preferred gross return on their investment. After the 100% return (a 2X) the investor will receive a 70% net return with a 30% promote to the GP. This arrangement makes Benevolent Capital a trusted partner in safeguarding and growing wealth for our investors.
Benevolent Capital includes a world-class group of partners, associates and investors, and our portfolio now spans catalytic investments in venture capital, private equity, real estate development and a diverse collection of global professional soccer franchises. Our wide range of experience from managing successful companies, to completing management buyouts, acquisitions, and a wide variety of debt and equity investments totaling over $4 billion enables us to truly partner with the entrepreneurs and management teams of our portfolio companies and provide hands-on support and guidance towards realizing their full potential. Benevolent Capital has a proven track record of successful investments. Notably, our $200k investment in seed capital for Enzymatics, a biotech firm later ultimately acquired by Invitae (NASDAQ: NVTA), has yielded over $30MM in total returns for Benevolent Capital’s investors.
What sets us apart is not just our financial acumen but also our dedication to fostering meaningful relationships. Going beyond conventional investment practices, we prioritize open communication and transparency that allows us to build trust with our stakeholders, as principals we co-invest our own money in every deal we participate in making Benevolent Capital a trusted partner in safeguarding and growing wealth for our investors.
In an ever-evolving financial landscape, our expertise, coupled with Benevolent Capital’s commitment to hybrid family office investments, paints a picture of success, where financial prosperity meets enduring values.
About the Author
Brett M. Johnson, founder and CEO of Benevolent Capital, founder and partner of Fortuitous Partners, and co-founder and chairman of Rhode Island FC. He has a bachelor’s degree from Brown University and a Masters of Business Administration from the Presidential/Key Executive program at Pepperdine University. Brett is also a graduate from the Harvard Business School’s President’s Leadership Program in 2014. An active member of the Young Presidents Organization.
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Always consult with a qualified financial advisor or wealth manager before making any investment decisions.
