Middle market lender Freeport Financial Partners has named Nate Raulin as a Director, responsible for sourcing, structuring, and managing middle-market debt investments for the Freeport loan funds. The firm has also appointed Doug Golan as an Assistant Vice President, responsible for structuring, underwriting and managing middle-market debt investments.
Mr. Raulin joined Freeport after five years at Excellere Partners where he was responsible for sourcing, structuring, and executing recapitalization transactions with entrepreneurs. Prior to his role at Excellere, Mr. Raulin spent seven years with GE Capital where was responsible for underwriting and managing senior debt facilities in leveraged transactions.
Before joining Freeport, Mr. Golan served as a Senior Associate in the direct lending unit at Golub Capital. Prior to Golub Capital, he was an analyst in the investment banking division of Moelis & Company.
In November 2016 Freeport Financial held a final close of Freeport First Lien Loan Fund III, LP with equity commitments of $518 million. With targeted fund leverage, the new fund gives Freeport approximately $960 million of investible capital. “Following the close of Fund III in the fourth quarter of 2016, and the corresponding growth in our asset base, we are excited to continue to grow our team of investment professionals,” said Josh Howie, Managing Director at Freeport. “Nate’s private equity experience along with Doug’s background in investment banking are exceptional complements to our existing team and we look forward to offering these broader capabilities to investors and management teams.”
Both Mr. Raulin and Mr. Golan joined the firm earlier this month and are based in Freeport’s Chicago office.
Freeport Financial invests in directly originated and independently underwritten senior-secured first lien, floating rate loans to private equity-owned US middle market companies that have revenues between $25 million and $100 million and EBITDA between $3 million and $25 million. Freeport Financial, headquartered in Chicago, was acquired by investment bank and asset manager Moelis & Company in October 2012. Click HERE for the Freeport Financial website.
© 2017 Private Equity Professional | June 16, 2017
