Carmen Evola

Managing Director

Carmen Evola is a Managing Director for Blackford Capital, having joined the firm in 2018. With more than 23 years of leadership experience within diverse, multi-national manufacturing companies, Carmen serves as the Fund Manager for the Michigan Prosperity Fund I with direct oversight of Grand Power Systems, Burgaflex, Grand Equipment, and Davalor Mold. Carmen works closely with the Chairman of the Board on oversight of Ellison Bakery and Mopec. Carmen serves as the primary lead for any future investments for the Michigan Prosperity Fund I. He also has direct oversight of the Portfolio Company Operations Team, working to promote growth, efficiency, and the overall success of the portfolio companies. Additionally, Carmen serves as the Blackford Capital representative on the McClarin Plastics Board of Directors.


Prior to joining Blackford Capital, Carmen was President and CEO of Vari-Form Group, LLC (formerly Crowne Group, LLC). At Crowne Group, LLC, he had direct oversight of a $900MM portfolio comprised of 9 different companies, approximately 5,000 employees, and 27 manufacturing & distribution plants located across North America, South America, Europe, and Asia. Prior to Crowne Group, Carmen worked as Plant Director for Gestamp North America (formerly LSP Automotive, LLC), and grew the company from a start-up automotive manufacturer into a market leader in South Carolina with sales of nearly $300M, over the course of six years. Prior to Gestamp, Carmen worked for 15 years in key leadership positions in engineering, operations, and plant management.


Carmen received his Bachelor of Science degree in electrical engineering from the University of Toledo. Carmen is based out of the Detroit, Michigan office.

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