Senior and subordinated debt lender Praesidian Capital has promoted Thomas “TJ” O’Donnell to Associate. Mr. O’Donnell joined Praesidian two years ago as an Analyst.
Mr. O’Donnell responsibilities at Praesidian include financial analysis, due diligence and execution of new investments. Before joining Praesidian, Mr. O’Donnell was with Nomura Securities International in its US equity sales and trading group. He holds a BS degree in finance from Villanova University.
“TJ has become an increasingly valuable member of our team, and we’re very glad to award him this well-deserved promotion,” said Glenn Harrison, a partner at Praesidian.
Praesidian Capital provides senior and mezzanine capital to small and mid-sized businesses that have revenues of $15 million to $200 million and EBITDA of $5 million to $20 million. The firm typically invests in connection with a management/leveraged buyout, recapitalization or refinancing. Types of facilities offered include one-stop financing, senior secured debt, junior secured debt, preferred stock, and common equity in connection with a mezzanine investment. Praesidian is based in New York with an additional office in London and manages nearly $1 billion in committed capital (www.praesidian.com).
© 2015 PEPD • Private Equity’s Leading News Magazine • 9-25-15
