FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

NXT Capital Builds Direct Originations Capacity With New Hires

Date: Nov 13, 2013 @ 07:18 AM

NXT Capital announced that it has expanded its Direct Originations Team by hiring Doug Vitek, John Mills and Daniel Green.

Under the leadership of Richard Rodgers, NXT Capital’s Direct Originations Team sources senior secured, stretch, unitranche and second lien cash flow solutions for non-sponsored middle market companies across the United States. The new team members further strengthen NXT Capital’s ability to support middle market companies, investment banks, intermediaries, advisors and others.

NXT Capital’s Direct Originations Team serves middle market companies with stable cash flows, experienced management teams and $5 million to $75 million of EBITDA.

“I’m very pleased to add more talented professionals to NXT Capital’s Direct Originations Team,” said John Finnerty, Group Head, Corporate Finance. “Doug, John and Dan bring significant experience and relationships that will further NXT Capital’s ability to provide  responsive service, creative structures and significant hold sizes to middle market companies.”

Vitek was most recently a Senior Vice President for Minneapolis-based investment banking firm Dougherty & Company, where he provided commercial lending expertise to middle market clients.

Mills joins NXT Capital from JPMorgan Chase Bank’s Middle Market Banking group, where he was responsible for managing commercial banking activities in the greater Kansas City region.

Green was most recently an Assistant Vice President in GE Antares Capital Corporation’s Senior Secured Loan Program.

NXT Capital provides structured financing solutions to middle-market and emerging growth companies, as well as real estate investors, through its Corporate Finance, Equipment Finance, Real Estate Finance and Venture Finance groups. Based in Chicago with offices in New York, Atlanta, Boston, Charlotte, Dallas, Kansas City, Minneapolis/St. Paul, Phoenix, San Francisco and Silicon Valley, NXT Capital targets senior financing opportunities of up to $150 million with a hold size up to $50 million.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.