FrontWell Capital Partners (“FrontWell”), a private credit fund that provides transitionary senior debt financing to middle-market companies in the United States and Canada, announced that Nick Bassi has been appointed Vice President, Underwriting and Portfolio Management. Mr. Bassi, an industry veteran with more than two decades of asset-based lending experience in underwriting, origination and portfolio management, will be based in the firm’s Toronto headquarters.

“We are excited to welcome Nick to FrontWell,” said Patrick Dalton, FrontWell’s CEO. “Nick is a seasoned credit professional with deep relationships and experience managing underwriting activities and large portfolios across a range of sectors and through various market cycles. His skills in structuring, executing and overseeing investments in the asset-based lending space will be invaluable as we continue to scale our credit platform to provide more capital to middle-market businesses.”

Bassi said, “As FrontWell continues to expand its presence in the private debt market, I’m excited to help the firm capitalize on the significant opportunities ahead and enable companies in our portfolio to execute their strategic plans through creative, value-added financing solutions.”

Mr. Bassi joins FrontWell from Scotiabank Asset Finance, where he most recently served as Director of Business Development and previously was Director & Portfolio Manager. Mr. Bassi led a team of Senior Relationship Managers overseeing the nationwide ABL portfolio. Prior to joining Scotiabank, Mr. Bassi held progressively senior positions at leading financial institutions, where he supported a wide array of complex credit transactions across various industries, including BMO Financial Group, CIBC (previously CIT Business Credit) and Wells Fargo (previously Wachovia Bank). Mr. Bassi holds an Honours Bachelor of Mathematics (Business Administration/Risk Management Option) from the University of Waterloo.