Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced that Tom Duffy has been promoted from Vice President to Principal.

Duffy joined Praesidian in 2012 with six years of investment banking and commercial lending experience. In his time with the firm, he has undertaken financial analysis, due diligence, and execution of new investments, along with monitoring Praesidian’s portfolio. In the past year, he has made significant contributions to the firm’s European fund as an Investment Director. In his new role, Duffy will continue to execute new investments and will take on more deal sourcing responsibilities.

“Tom has proved himself at every level in his time with Praesidian,” stated Jason Drattell, Founder and Managing Partner of Praesidian. “It’s a pleasure to be able to reward him with this promotion.”

Praesidian Capital is an innovative private investment firm focused on providing senior and subordinated debt along with growth capital to private lower middle market businesses in the United States, United Kingdom, Germany, and selectively in Northern Europe.