Freshstream, a private equity firm, has promoted Tom Carroll and Gilles Gradassi to partner. Carroll and Gradassi have been pivotal in driving the firm's strategy to partner with entrepreneur-led businesses across its core markets: the UK, The Netherlands, Belgium, Ireland, and France. Their promotion underscores their deep integration into Freshstream's operational fabric. The firm also announced three new hires: Marie-Louise Favre as principal, value creation, from LinkedIn; Jules Frank as investment associate from Moelis & Company; and Karl Byrne as IR associate from Schroders Greencoat.

These appointments follow Freshstream's opening of its Paris office in 2025, signaling expansion into new European markets. Freshstream's growth in both leadership and personnel reflects its ambition to scale its European private equity footprint.