Legacy Corporate Lending announced that Sean Spring has joined the firm as Executive Vice President of Portfolio Management. Spring will be based in Plano, TX and will be responsible for ensuring new and existing transactions are maintained in compliance with the firm’s Portfolio Management Guidelines and Credit Policies.

Spring will join Terrance McKinney on Legacy’s Portfolio team, which is overseen by Chief Investment Officer Paul Martin. He started his ABL career at Heller Financial and has held various credit, sales, and account executive positions at Union Bank of California (MUFG), Bay View Financial, City National Bank, Capital Source Finance, Wells Fargo, First Capital, Ares Management, Banc of California, Bank of Hope, and UMB Bank.

“We are elated to have Sean join the Legacy team and look forward to benefitting from his nearly 35 years of ABL and commercial financial experience,” said Clark Griffith, CEO of Legacy. “His deep industry and portfolio management expertise will be invaluable as we continue to build out our core team in Texas, and he will further bolster our capabilities as we onboard up to four new portfolio accounts in the coming months.”

Legacy launched as a new ABL firm in May 2023 with support from Bain Capital Credit, L.P.