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Cornellians in Private Equity

Mark Pelson

B.A. '04

Lambert's Cove Acquisition Corporation (Atlanta, GA)


Mark A. Pelson, Esq. has been Chief Financial Officer and Chief Accounting Officer of Lambert's Cove Acquisition Corporation since 1989. Mr. Pelson has been Senior Advisor of Providence Equity Partners LLC since 2007. He has been responsible for many of Providence's investment activities in international long distance carriers, fiber infrastructure providers, wireless data services and cellular telephony. Mr. Pelson has over 18 years of experience leading private company acquisitions and investments in Lambert's Cove Acquisition's target industries. He served as Managing Director of Providence Equity Partners Inc., from August 1996 to 2007. Mr. Pelson has been investing in private equity for eight years. Mr. Pelson has been a Member of the Board of Managers of Madison River Telephone Company LLC since 1999. Mr. Pelson serves as a Member of Board of Managers of Madison River Capital LLC and Providence Equity Partners. Prior to joining Providence, Mr. Pelson co-founded TeleCorp Inc., in 1994. From 1989 to 1995, he served in various management positions at AT&T, including as General Manager of strategic planning and mergers and acquisitions.


Mr. Pelson received a Juris Doctorate from Boston University and a Bachelor of Arts from Cornell University.

Board Affiliations

Mr. Pelson has been Chairman of the Board and Director of Lambert's Cove Acquisition Corporation since 1989. Mr. Pelson has been a Director of Carrier1 International S.A. since August 1998 and Madison River Communications Corp. since December 2004. Mr. Pelson serves as a Director of W2N Holdings, Consolidated Communications Inc., American Cellular Corporation, and Wired Inc., Mpower Communications Corp., Global Metro Networks and Language Line Holdings LLC. Mr. Pelson served as Director of Telcordia Technologies Inc. He served as Director of WNP Communications, Inc., Wired Ventures Inc. and Consolidated Communications Management Ltd. He served as a Director of Consolidated Communications Holdings Inc. from 2002 to July 1, 2005. Mr. Pelson served as Director of TeleCorp. Inc. from 1995 to 1996. Mr. Pelson serves on the Board of Overseers of Children's Hospital Boston and is the Chairman of The Wolf School in East Providence, Rhode Island.