Opus Bank announced that Evan Purcell has been named Managing Director, Healthcare Banking. Purcell, a 14-year banking and finance veteran, is responsible for providing senior debt financing and banking solutions to hospitals, long-term care facilities, behavioral health companies, hospice providers, home health agencies, healthcare-related manufacturing, and other service providers in the healthcare industry.
Geoff Anfuso, Executive Vice President, Co-Chief Lending Officer, Head of Commercial and Specialty Banking stated, “Evan has been a strong contributor to our Healthcare Banking team since joining Opus in the middle of 2017. We’re excited to further leverage his deep industry knowledge and expertise now as a client relationship manager as we continue to grow our healthcare banking presence.” Anfuso added, “We believe that Evan’s unique depth and breadth of experience structuring, originating, and underwriting asset-based, working capital lines of credit, bridge loans, and other senior secured financing solutions will prove to be a differentiator in the competitive healthcare space.”
Purcell joined Opus Bank in August 2017 as First Vice President, Portfolio Manager, Healthcare Banking. From 2013 to 2017, he served as Vice President, Senior Underwriter, Healthcare Finance at Wells Fargo Capital Finance, where he was focused on underwriting senior credit facilities across various healthcare sectors, including senior care, acute care, medical device manufacturers, and pharmaceutical companies. From 2008 to 2013, Purcell served as Vice President, Relationship Manager within the Specialty Finance group of Wells Fargo Capital Finance, where he managed a portfolio of both performing and distressed credit assets in the healthcare, media, and hospitality industries.
From 2005 to 2008, Purcell served as a Loan Officer within the Corporate Finance Group of CapitalSource, where he was responsible for managing a large portfolio of credits across the capital structure, ranging from senior secured bank debt to mezzanine loans. Purcell began his banking career in 2004 as an Investment Banking Analyst with Legg Mason’s Financial Institutions Group. Purcell holds a Bachelor of Science degree in Finance and International Business from The Pennsylvania State University.