Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, has added two new professionals to its business development team with the hiring of Brett Crabtree and Katie Mainello.
Mr. Crabtree has joined the firm as Senior Director, Business Development, and will be responsible for originating loans with West Coast healthcare services companies. Ms. Mainello, Director, Business Development, will be responsible for originating new loan facilities to East Coast healthcare services companies.
Mr. Crabtree has over 15 years experience with asset based lending in the healthcare industry. Before joining Oxford, he established the west coast offices for IBJ Whitehall and Bridge Healthcare Finance Group, and held positions at Finova Capital’s Healthcare Finance Group, Comerica Bank and Marsh’s Private Equity M&A Group. Mr. Crabtree received a BS in Economics from the University of New Hampshire and an MBA from Pepperdine University.
“Oxford is pleased Mr. Crabtree has joined our healthcare services team,” said Christopher Herr, managing director for Oxford Finance. “His in-depth understanding of the healthcare market and extensive lending experience will help Oxford continue to expand its portfolio.”
Ms. Mainello has over 10 years of experience in the finance industry, specializing in commercial lending to early-stage and middle market healthcare organizations. Before joining Oxford, she was with GE Capital in its Healthcare Financial Services group and its Commercial Finance division. She also held positions with Evolution1 and The Hartford Financial Services Group. Ms. Mainello received a BS in Finance and an MBA from the University of Connecticut.
“Ms. Mainello is a valued addition to Oxford’s healthcare services business development team,” said Mr. Herr. “She has a strong finance background and is very knowledgeable about the operations and financial needs of healthcare organizations.”
Oxford Finance, a subsidiary of Sumitomo Corporation, is a specialty finance firm providing senior secured loans to public and private life science and healthcare services companies worldwide. In recent years, Oxford has originated over $1.5 billion in loans, with lines of credit ranging from $500,000 to $50 million. Oxford is headquartered in Alexandria, VA with additional offices in California, Massachusetts and North Carolina (www.oxfordfinance.com).
© 2012 PEPD • Private Equity’s Leading News Magazine • 9-7-12