CHARLOTTE, N.C., Oct. 09, 2018 (GLOBE NEWSWIRE) -- Casey Swercheck, Director of Capital Strategies of Capitala Group, has been recognized as one of the top 20 global fundraisers in the industry by Private Debt Investor (“PDI”). PDI’s inaugural “Rainmaker 20” list acknowledges those that have made their mark in this unprecedented era of private credit capital formation.
“Casey was key in raising $1 billion for Capitala Specialty Lending Corp., a permanent capital vehicle focused exclusively on a new investment strategy of providing senior debt and unitranche loans to small businesses,” stated Joe Alala, III, Chairman and CEO of Capitala Group. “His expertise in the industry and relationship-based approach resonated greatly with institutional investors.”
Nominations for the Rainmaker 20 list were made by experts in the industry who were unaffiliated with the nominees and recipients were determined based on the highest number of nominations. To read PDI’s full article and see the full list of winners, click here.
About Capitala Group
Capitala Group is a $2.7 billion asset management firm that provides capital to lower and traditional middle market businesses throughout North America with office locations in Atlanta, Charlotte, Fort Lauderdale, Los Angeles, New York, and Raleigh. Capitala’s lower middle market investment strategy focuses on investing in debt securities with minority equity co-investments with less than $250 million in enterprise value through its permanent capital vehicles, Capitala Finance Corp. (Nasdaq:CPTA) and Capitala Specialty Lending Corp. (CSLC). Capitala’s growth fund strategy targets control and minority equity investments, typically coupled with credit investments, in lower middle market companies with less than $30 million in enterprise value through both SBIC (CapitalSouth SBIC Fund IV, L.P.) and non-SBIC closed-end funds. Capitala Group has invested in approximately 150 companies since its inception in 1998 and seeks to partner with strong management teams to create value and achieve optimal outcomes for its investors. For more information, visit our website at www.CapitalaGroup.com.
SOURCE: Capitala Finance Corp.
Steve Arnall, Chief Financial Officer
Source: Capitala Group