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History of Building Value

Our principals have 25 years of collective experience in private equity investing, corporate financial advisory, and strategic consulting. We are a well-trained and highly-motivated partnership, characterized by depth and a diversity of investment and commercial expertise.


Preston Moister
Founder and Managing Director

Preston Moister is the Founder and Managing Director of Third Century. He has directed the firm’s development since its formation and approves all Investment Committee activities. Mr. Moister has spent his career in principal investing and corporate financial advisory.

Prior to Third Century, Mr. Moister invested on behalf of HQ Capital, a New York-based private equity firm with $4.5 billion under management. While at HQ Capital, he completed a number of successful private equity investments, totaling $420 million in committed capital across three dedicated funds. In addition, Mr. Moister managed proprietary relationships for the firm and helped raise new capital for a series of investment vehicles.

Mr. Moister began his career in New York at Goldman, Sachs & Co., supporting the Whitehall Street Funds in the Principal Investment Area. He has also held investment banking positions for Merrill Lynch & Co. and Lazard Ltd., where he executed merger and acquisition, buyout, recapitalization, and public offering transactions for industrial, technology, business services and energy businesses.

Mr. Moister is originally from Atlanta, Georgia, where he attended The Westminster Schools. He holds a BA with Honors from Vanderbilt University, an MBA from the McCombs School of Business at The University of Texas at Austin, and an OPM distinction from Harvard Business School.


Joel Iglehart
Managing Director

Joel Iglehart joined Third Century in January 2014. As a Managing Director, he is actively involved in all aspects of the investment process.

Prior to joining Third Century, Mr. Iglehart provided strategic and operational guidance for a number of global enterprises on behalf of McKinsey & Co., a management consultancy. While at McKinsey, he specialized in the design and implementation of sales and distribution channel initiatives for client companies. Mr. Iglehart's advisory work included the reorganization of a global consumer goods company, the turnaround of a medical device manufacturer, and a new market strategy for a major agricultural equipment manufacturer.

Mr. Iglehart began his career in Washington, D.C. as a Legislative Aide in the U.S. Senate. As a Senate Advisor, he was responsible for recommending action on agricultural-related legislation. This involved developing and maintaining an industry-wide network of advocacy groups, businesses, and individual owner-operators.

Mr. Iglehart is originally from Memphis, Tennessee, where he attended Memphis University School. He holds a BA with Distinction from the University of Virginia and an MBA from Harvard Business School.