Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced today that Bill Johnston was hired as an associate. Johnston joins Praesidian from PNC Capital Markets LLC where he worked in the Loan Syndications group and was involved with the Structuring and Originations group. His experience includes analyzing and proposing capital structures for middle-market and large corporate companies as well as syndicating bank and institutional loans to financial institutions.

Johnston’s responsibilities at Praesidian include financial analysis, due diligence, execution of new investments, and portfolio monitoring.

“We are excited to welcome Bill to Praesidian,” stated Jason Drattell, Founder and Managing Partner of Praesidian. “We expect his knowledge and expertise will be highly additive to our team as we manage our existing portfolio and explore new investment opportunities.”

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. Praesidian invests in established small and mid-sized companies, often in connection with management buyouts, recapitalizations and refinancings. Based in New York City with an office in London, Praesidian manages nearly $1 billion in committed capital.