Wingspire Capital announced several organizational changes. President and COO John Rosin to retire; Garlick, De Palma and Lee appointed to new roles.
John Rosin, President and Chief Operating Officer of Wingspire Capital, will retire in February. John will continue to be involved with Wingspire post-retirement as a consultant.
James Garlick, Head of Originations at Wingspire Corporate Finance (“WCF”), has been promoted to Head of WCF. In this newly created role, Garlick will oversee all WCF originations, new product development, marketing and relationship management.
Wingspire Capital Chief Financial Officer and Treasurer Ray De Palma has been appointed the additional title of Chief Operating Officer of Wingspire Capital. In this role, Ray will now assume operational responsibility for technology and various other administrative functions at the firm.
Dustin Lee, General Counsel of Wingspire Equipment Finance (“WEF”), has been elevated to General Counsel of Wingspire Capital. Dustin will continue with his responsibilities at WEF but now will also oversee companywide initiatives such as compliance, licensing, and acquisitions.
“James is a founding member of Wingspire and has been a leader in our success to date. I am looking forward to working with him in this new role as Wingspire continues to grow and to expand its product offerings,” said David Wisen, Founder and CEO of Wingspire Capital.
Wisen continued: “Ray and Dustin have each played key roles in Wingspire’s evolution since joining the firm and we are excited to announce their promotions. We are confident their appointments will fuel Wingspire’s next phase of growth as we continue to support the capital needs of US middle market companies.”
“John Rosin is also a founding member of Wingspire and we would not be in this position of strength without his contributions and leadership. He has been a great colleague and friend, and we are happy we will be able to continue to benefit from his involvement with Wingspire going forward,” said Wisen.
John Rosin added: “I have cherished my time at Wingspire and am incredibly proud of what we’ve been able to accomplish. I look forward to watching the company continue to grow as a leader in middle market financing.”
Since inception, Wingspire has originated over $4 billion in senior secured financings and currently has over $1 billion in assets under management. Wingspire operates in two divisions: Wingspire Corporate Finance, which provides asset oriented structured revolving and term loans, and Wingspire Equipment Finance, which provides purchase money and related equipment financing solutions.
Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. Blue Owl Capital, Inc. is a global alternative asset manager with $157 billion of assets under management as of September 30, 2023.