Golden Child is an investment focused on middle market opportunities. The firm targets investments in restaurant, retail and real estate sectors.


These investments primarily focus on the acquisition and recapitalizations of mature companies or special situations.  Golden Child also invests in distressed loans and other credit opportunities.

Investment Strategy

Golden Child targets established investments that experience a dislocation in asset pricing and asset value. Its seeks to invest in real-estate dependent operating opportunities, real estate related assets, and operating companies that are dependent on such assets.

Jonathan Childs

Founder, Managing Partner

Jonathan is the founder of Golden Child Holdings. In addition to his responsibilities as Managing Partner, he is actively involved in Golden Child’s investment in the Pizza Hut business.

Prior to founding Golden Child, Jonathan was Co-Founder and Chief Investment Officer of ParkStone Capital (“ParkStone”), an opportunitistic private equity firm (2009-2017). As Chief Investment Officer, Mr. Childs was responsible for setting the strategic vision of the firm. During his tenure, he led the acquisition of nearly $500M of distressed assets (mortgages, bonds, REO). Jonathan is a member of the Commercial Real Estate Finance Council (High Yield and Distressed Assets Committee) and International Council of Shopping Centers.

Prior to co-founding ParkStone, Jonathan led numerous real estate development projects, several of which have been featured in motion picture and print media. He has founded, co-founded or held senior leadership positions in the pharmaceutical (public, private sectors) and apparel industries.

Jonathan holds a BA degree from Carson-Newman University in Jefferson City, TN and was a member of the NCAA football and golf teams. He previously served on the alumni board of directors at Carson-Newman.

Jonathan serves as a trustee for the Rippowam Cisqua School, a coeducational independent day school for grades pre-kindergarten through nine, in Bedford, New York. He and his family reside in Pound Ridge, NY.

Tommy Mulkey

Senior Managing Director, Partner

Tommy is the Senior Managing Partner of Golden Child Holdings and has been an outside adviser since its inception.

Prior to joining Golden Child, he was the Managing Director of Asset Management for ParkStone Capital. At ParkStone (2013-2017), Tommy was responsible for developing and implementing the turn-around plans for all major real estate assets.

Mr. Mulkey has a diverse management background across multiple real estate related disciplines, including site selection, construction management, acquisition, development and material procurement.

Tommy was a professional cyclist from 1994-2000 and represented the United States in multiple international cycling competitions including the Pan Am Games, World Cups, World Championships and the Olympic Games (Sydney, 2000).

He is on the Board of Directors for Habitat for Humanity (Athens, Georgia).

Myles Gillespie

Analyst, Principal

Myles is a Principal at Golden Child.

His responsibilities include a wide range of analysis including evaluating investment opportunities, monitoring portfolio investments and numerous facets of deal executions. Prior to working at Golden Child, Myles worked as an Associate at Atlantic Trust and he also had stints at Brown Brothers Harriman and Marketfield Asset Management.

Myles has a Bachelor of Arts in History from the College at Holy Cross. He was a 4 year Letterman on the Division 1 Men’s Lacrosse Team and was a two-time team captain. He and his wife reside in Manhattan, NY.

Tom Stager

Operating Partner

With more than thirty (30) years of executive leadership with some of the largest and most successful QSR brands in the industry, Tom leads the operation of Golden Childs investments in the restaurant sector. Prior to joining the firm, Tom led operations for Arby’s Corporation and RTM (largest Arby’s franchisee), overseeing more than seven hundred (700) locations.

Tom is responsible for GC’s investment in Krystal Restaurants, LLC, where he serves as the President. In this role he oversees operations for the SouthEast’s oldest burger chain with more than three hundred (300) locations in ten (10) states. He is also responsible for GC ‘s investment in Pizza Hut, which currently includes more than one hundred (100) locations, spanning (8) eight states.

Tom attended Bowling Green University and Majored in Business Management. He was a member of the collegiate baseball team and played in the St Louis Cardinals minor league organization.
Tom is the proud father of three children and grandfather of three as well. All three of his children participated in collegiate athletics.