THL Credit Bolsters Direct Lending Team
August 07 2018 - 4:05PM
THL Credit Advisors LLC ("THL Credit" or “the Company”), a leading
alternative credit investment advisor, today announced that it has
expanded its Direct Lending team with the promotion of Eric Lee to
Managing Director and the hiring of Fawwaz Ahmed and Troy Hebert,
each as a Vice President. THL Credit has hired seven new Direct
Lending investment professionals this year.
Mr. Lee was previously a Director for THL
Credit’s Direct Lending platform in the Company’s New York office,
where he was responsible for originating, evaluating, and executing
new investment opportunities and for managing portfolio
investments. Mr. Lee first came to THL Credit’s Direct Lending team
in early 2017, and is currently based in the Los Angeles office,
where he is responsible for the origination and structuring of
investment opportunities with financial sponsors across the Western
United States. Previously, he was a Director at Credit Suisse Asset
Management’s Corporate Credit Solutions Group, where he was
responsible for originating, structuring, and monitoring
investments for Credit Suisse Park View BDC. Mr. Lee earned his
M.B.A. with Honors from The University of Chicago Booth School of
Business and his B.A. in Economics from Columbia University.
“Eric has earned a well-deserved promotion to
Managing Director,” said Chris Flynn, CEO of THL Credit. “His
larger role within our firm will facilitate the growth of our
portfolio and help us continue to deliver strong risk-adjusted
returns to our investors.”
Messrs. Ahmed and Hebert are based in THL
Credit’s Chicago office. Their responsibilities include evaluating
new investment opportunities, executing transactions and managing
portfolio investments. Before joining THL Credit, Mr. Ahmed was an
Assistant Vice President in Middle Market Lending at Golub Capital,
where he underwrote debt financings for leveraged buyouts and
recapitalizations of private equity-backed companies. Prior to his
work at Golub, Mr. Ahmed was an Analyst in the Sponsor Finance
group at Bank of Montreal.
Mr. Hebert joins the firm from Balance Point
Capital, a middle-market private equity and debt investment manager
where he was an Associate. In that capacity, Mr. Hebert was engaged
in all aspects of the deal process, and was responsible for
evaluating and modeling investment opportunities. Before he joined
Balance Point, Mr. Hebert was a Mergers & Acquisitions
Investment Banking Analyst with Citi’s Global Industrials
group.
"We’re excited to welcome Fawwaz and Troy to our
team," said Michelle Handy, Managing Director and Head of Portfolio
& Underwriting for THL Credit’s Direct Lending platform. “Both
have strong backgrounds in underwriting transactions and evaluating
middle-market investment opportunities. Their efforts will boost
our capacity to evaluate deals and conduct due diligence.”
Mr. Ahmed earned a B.B.A. from The University of
Iowa with a double major in Finance and Accounting. Mr. Hebert
holds a B.S. in Finance from Barrett, the Honors College at Arizona
State University.
About THL Credit Advisors LLC
THL Credit is an alternative credit investment
manager for both direct lending and broadly syndicated investments
through public and private vehicles, collateralized loan
obligations, separately managed accounts and co-mingled
funds. THL Credit maintains a variety of advisory and
sub-advisory relationships across its investment platforms,
including THL Credit, Inc. (Nasdaq: TCRD), a publicly traded
business development company, and THL Credit Senior Loan Fund
(NYSE: TSLF), a non-diversified, closed-end management investment
company.
Forward-Looking Statements
Statements made in this press release may
constitute forward-looking statements. Such statements reflect
various assumptions by the Company concerning anticipated results
and are not guarantees of future performance. The accuracy of such
statements involves known and unknown risks, uncertainties and
other factors that, in some ways, are beyond management’s control,
including the factors described from time to time in filings by the
Company with the Securities and Exchange Commission. The Company
undertakes no duty to update any forward-looking statements made
herein. All forward-looking statements speak only as of the date of
this press release.
Investor Contact:THL Credit Advisors LLC Emilie
Schleer (617) 790-6067
Media Contact:StantonDoug Allen(646)
502-3530dallen@stantonprm.com
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