LOS ANGELES & CHICAGO--(BUSINESS WIRE)--Torch Key Asset Management (“TKAM” or the “Firm”), a middle-market private equity firm focused on control buyouts of complex, transitional and carve-out situations in the food and beverage and industrial products and services sectors, today announced its official launch with backing from GCM Grosvenor, a global alternative asset management solutions provider. TKAM is founded and led by experienced private equity business builders, Kimberly Reed, Jack Rose.