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Kian Capital Partners Adds Ulrich Erasmus

Kian Capital Partners Adds Ulrich Erasmus
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Trident Deploys Proprietary Tech to Remove Bias from Deal Sourcing

Trident Deploys Proprietary Tech to Remove Bias from Deal Sourcing
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Brightwood Capital adds senior investment professional

Brightwood Capital adds senior investment professional Michael Novoseller was named senior investment professional at Brightwood Capital Advisors. It is a new position, a spokeswoman said in an email. Mr. Novoseller will be responsible for originations for Brightwood Funds and report to Sengal Selassie, managing partner and CEO. Mr. Novoseller, who rejoined the firm Feb. 16, had been a managing director at Brightwood Capital from 2011 to 2015 before leaving to become a managing director at ArrowMark Partners, primarily responsible for expanding that manager s middle-market direct lending business. He left in 2018. Chris Dunne, managing director at ArrowMark, could not be immediately reached for further information.

Brightwood Capital Prices $427 Million Financing

Press release content from PR Newswire. The AP news staff was not involved in its creation. Brightwood Capital Prices $427 Million Financing December 18, 2020 GMT NEW YORK, Dec. 18, 2020 /PRNewswire/ Brightwood Capital Advisors, a leading private credit firm, today announced it has priced Brightwood Capital MM CLO 2020-1, LLC, a $426.5M collateralized loan obligation arranged by Barclays in support of the firm’s financing strategy for its middle market loan activities. The vehicle is backed by loans the firm has originated for Brightwood Capital Fund IV and will provide that fund with attractive, low-cost, non-recourse financing to enhance its ability to deliver strong risk-adjusted returns for investors.

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