LBC Credit Partners has hired Fridolf Hanson as a Director to augment the firm’s presence in New York and New England. He will be primarily responsible for originating, structuring and executing new debt investments for LBC.
“We’re delighted to have Fridolf join us. He brings tremendous expertise and a valuable network of contacts in the private equity, banking and referral communities. He will be instrumental in augmenting coverage in New York and New England and helping LBC deploy capital in middle market transactions,” said Homyar Choksi, a Managing Director at LBC.
Mr. Fridolf joins LBC from RBS Citizens, where he was Senior Vice President Business Development. He was responsible for originating new senior debt transactions related to acquisitions, leveraged buyouts, recapitalizations, refinancings and corporate growth. Prior to RBS Citizens, he worked at Wells Fargo Foothill and GE Commercial Finance, also in senior business development roles. Mr. Fridolf earned his MBA from the Babcock Graduate School of Management at Wake Forest University and a Bachelor’s Degree from the University of Colorado.
LBC Credit Partners is a provider of middle market financing including senior term, unitranche, second lien, junior secured, and mezzanine debt; and equity co-investments to companies with EBITDAs generally greater than $10 million. LBC invests from $10 million to $50 million per transaction supporting acquisitions, growth strategies, refinancings, recapitalizations, and restructurings. LBC has more than $1.4 billion of capital under management and has offices in Philadelphia, PA; Chicago, IL; and New York, NY (www.lbccredit.com).