Princeton, N.J.-based Edison Partners announced the promotions of Tom Vander Schaaff to general partner and David Nevas to partner. The growth-stage investor said the moves come on the heels of a highly active 2016, in which the firm oversaw 12 investments and eight exits.

Vander Schaaff joined Edison in 2003, became a partner in 2011, and has led Edison’s analysis team for more than 10 years. Nevas joined the firm in 2008 and was promoted to principal in 2011.