Medley Management Inc. annoucned that Kunal Soni, Managing Director, has been promoted to Head of Direct Lending in the Western Region.

Soni plays a key role in developing the firm's relationships with private equity firms, investment banks, and corporate borrowers. He brings 16 years of experience to Medley. Prior to joining Medley, Soni was a managing director of THL Credit, leading the sourcing, underwriting and account management of direct lending transactions for the Western Region. Before THL Credit, Soni worked in a variety of roles in the asset management industry.

"It is with great pleasure that we recognize Kunal's strong contribution to Medley," commented Seth Taube, CEO of Medley.  "We are committed to building the premier middle-market asset management platform and believe that Kunal's continued leadership will support that result."

Medley is an asset management firm offering yield solutions to retail and institutional investors.  Medley's national direct origination franchise, with over 70 people, is a premier provider of capital to the middle market in the U.S. As of June 30, 2014, Medley had in excess of $3.3 billion of investable capital in business development companies, Medley Capital Corporation and the Sierra Income Corporation, and private investment vehicles.