NXT Capital’s Direct Originations Team, led by Managing Director Richard Rodgers, sources senior secured, stretch, unitranche and 2nd lien cash flow solutions for non-sponsored middle market companies across the United States that have $5 million to $75 million of EBITDA.
“I’m very pleased to bring such talented professionals into NXT Capital’s Direct Originations Team,” said John Finnerty, Group Head, Corporate Finance. “David Gozdecki, James Clifton and Jeffrey Kurtzweil offer a wealth of experience and relationships to help NXT Capital deliver the responsive service, creative structures and significant hold sizes middle market companies need.”
Mr. Gozdecki was most recently a Managing Director in the GE Capital’s Corporate Finance Group, where he structured a range of credit facilities for middle market companies. Mr. Clifton was previously a Vice President at GE Capital with responsibilities for originating senior secured financing for middle market companies. Mr. Kurtzweil was most recently a Vice President in GE Capital’s Senior Secured Loan Program.
NXT Capital provides structured financing to middle-market and growth companies through its Corporate Finance, Equipment Finance, Real Estate Finance and Venture Finance groups, originating transactions directly on a national basis. NXT Capital targets senior financing opportunities up to $150 million with a hold size up to $50 million. NXT Capital is led by former principals of Merrill Lynch Capital and was formed in 2010 by Stone Point Capital and the founding management team. The firm is based in Chicago with offices in New York, Atlanta, Boston, Charlotte, Dallas, Phoenix, San Francisco and Silicon Valley (www.nxtcapital.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 9-16-13