Tim Wegener ?93

Tim Wegener

Class Year


Current home

Addison, Texas


Economics and International Business

Current Position

Co-Founder of Caruth Capital Partners, LLC

After receiving bachelor’s degrees in economics and international business at Carthage, Tim Wegener ’93 attended graduate school. He is now the co-founder of Caruth Capital Partners, LLC, where he manages deal origination, portfolio management, and exit strategies for investments.

“The best part of my career has been meeting and working with smart people and doing a variety of different jobs/roles. No two days are ever the same, and it’s never boring.”

Tim Wegener, ’93

How did Carthage prepare you?

“My time at Carthage allowed me to see that I could do anything I put my mind and effort towards. Carthage showed me that there was a bigger world out there than I ever imagined and that there were no limits to what I could do.”

How has your liberal arts education benefitted you?

“My career has been in finance, and for the last 25 plus years, I have been involved in all aspects of the private equity industry. I learned a number of things at Carthage that served me well in my career, including learning how to evaluate problems and think my way through them, learning that history repeats so you don’t always have to create new answers, and most importantly, learning how to work with all different types of people in a collaborative environment.”

Why did you choose Carthage?

“I wanted to go to a school where I could get a good education and not just be a number. I wanted to know that I could go to my professors if I had questions and that they were interested in my success. Carthage had all the benefits of a liberal arts education, yet it was close to home.”

What Carthage professors played a part in your success and how?

Professor James Lochtefeld was a fabulous mentor to me and helped me realize that life was more than about just focusing on my goals. He really helped me to broaden my thinking and to be curious about the wider world. All my professors were helpful in my progress; if you were willing to put in the work, they took a real interest in you and what you wanted to do.”

What role have the values in Carthage's mission, "Seeking Truth, Building Strength, Inspiring Service — Together" played in your life?

“The values of seeking truth and inspiring service are more important today than ever before. We live in a world where truth and facts no longer matter to many and the concept of service to one another is lost. The world of finance is a place where you can lose your way if you are not careful, and the lessons of Carthage are there to remind us about what really is important. My life today is increasingly focused on service, and the lessons I have learned certainly started during my time at Carthage.”

What's your favorite Carthage memory?

“Some of my favorite memories involve my time on the baseball team. Our team was the first team from Carthage to make it to the Division III Championships. During the season, we were dedicated to each other and to our team goals. I learned a lot about how to get many different personalities focused on one goal.”

Tips for current Carthage students?

“Use your time at Carthage to try new things and to get involved. Get out of your comfort zone and explore all that there is to offer in your time at the school. It goes by fast.”

Are you a Carthage graduate who is excelling in your field?