Praesidian Capital has promoted Tom Duffy to Partner.

Duffy has been with Praesidian Capital for more than eight years. In that time, he has played a key role in investment sourcing, due diligence, structuring and execution. He has also been integral in monitoring the portfolio. Prior to joining Praesidian, Mr. Duffy was formally credit trained at Bank of America, Merrill Lynch through its MBA Credit Leadership Program.

“Tom has made significant contributions to Praesidian’s success since joining the firm in 2012,” said Jason Drattell, Founder and Managing Partner at Praesidian Capital. “It has been a pleasure to see Tom progress in his career and we are excited to appoint him as Partner as we continue to build out Praesidian’s private equity business.”