Legacy Corporate Lending announced the appointment of Margaret Ceconi as Executive Vice President, Portfolio & Underwriting. Ms. Ceconi will work closely with Legacy’s originations team and will be responsible for conducting the underwriting process and structuring and closing new transactions.
Ms. Ceconi brings to Legacy more than three decades of ABL and commercial financial experience, with an emphasis on portfolio management, restructuring, underwriting, credit and risk analysis, fraud examination, and corporate finance. Most recently, she led her own consulting firm, Ceconi Advisors, where she conducted situational and financial reviews of distressed companies while assessing their operational and financial status to develop short and long term work out strategies. Previously, Ms. Ceconi spent nearly a decade GE Capital as a Senior Vice President, and before that as an Associate Director, Structured Finance, Energy Financial Services. Additionally, she has held senior roles at Eclipse Business Capital, Whitney Bank, Bank One, Commonwealth Bank of Australia, and Heller Financial.
“We are fortunate to have an experienced executive of Margaret’s caliber join our leadership team,” said Paul Martin, Chief Investment Officer of Legacy. “Her deep expertise in evaluating and structuring transactions will further enhance our capabilities as we continue to build out a diversified ABL platform focused on providing our clients with flexible, innovative funding solutions that meet their needs in today’s evolving market.”
Launched in May 2023 in partnership with Bain Capital Credit, L.P., Legacy provides revolving credit facilities and term loans to companies in an array of industries that seek to access capital outside of traditional bank lending or the syndicated lending market.