NXT Capital announced that Linda Chaffin has joined the company as Head of Institutional Marketing. Chaffin's responsibilities include expanding the firm's fund raising and investor relations efforts, in which she will partner with Kelli O'Connell, NXT's Head of Asset Management.
Chaffin will spearhead capital raising activities for NXT's multi-investor loan funds and single investor SMAs. She will further enhance NXT's relationships with insurance companies, public and corporate pension plans, foundations, endowments and other institutional LPs. She will also strengthen NXT's relationships with consultants who work with these investors.
Chaffin brings 20 years of fund raising, investor relations, private equity, corporate finance and M&A investment banking experience to NXT. Most recently, Chaffin served as Senior Vice President for Pathway Capital Management, where she was responsible for raising new capital and developing and maintaining investor relationships for private equity and private debt strategies. Previously, Chaffin led fund raising and investor relations for Marwit Capital, and held positions at GE Capital and JP Morgan Chase's Mergers and Acquisitions Group.
"We're delighted to have a professional of Linda's caliber join the NXT Capital team and help lead our institutional marketing effort," said Robert Radway, Chairman and CEO. "Linda's reputation, relationships and expertise will enhance NXT Capital's position as a leading manager of middle-market focused private credit funds."
"I'm thrilled to join NXT Capital's talented team," said Chaffin. "It is of paramount importance to work with products I believe in, and the combination of NXT's experienced and cohesive team and strong investment performance along with the compelling nature of middle market private debt for institutional investors makes NXT the ideal opportunity."
NXT Capital provides structured financing solutions to middle market companies and commercial real estate investors through its Corporate Finance and Real Estate Finance groups. NXT Capital's Corporate Finance Group is a leading originator of cash flow-based financing solutions to middle- market companies, including senior, stretch senior, unitranche and second lien products. NXT Capital also provides investment advisory services through its wholly-owned subsidiary NXT Capital Investment Advisers, LLC, an investment adviser registered with the Securities and Exchange Commission. Investment offerings include levered and unlevered funds, separately managed accounts and CLOs. See www.nxtcapital.com for more information.