Encina Private Credit Expands Business Development Team
Encina Private Credit (EPC) hired Mark Patchell as senior managing director and Brian Tammaro as managing director to expand the company’s originations team and business development efforts. “We are extremely excited to welcome two industry veterans to the EPC team...Encina Capital Partners Hires GE Capital Vet as Chief Operating Officer
Encina Capital Partners announced that Robert McMahon has joined the firm as Chief Operating Officer. Based in Encina’s office in Stamford (CT), Mr. McMahon will be responsible for a broad range of key commercial, operational and strategic functions in support of...Encina Business Credit Takes on the Non-bankable Middle Market
In mid-March, Encina Capital Partners, an investment firm focused on specialized lending and leasing platforms, and an affiliate of certain funds managed by Oaktree Capital Management, L.P. (“Oaktree”) announced the launch of Encina Business Credit, LLC (“EBC”), a new independent asset-based lending platform targeting middle-market borrowers in the U.S. and Canada.
Encina Business Credit Looks to Fill the Void for Distressed Retailers
Newly formed boutique lender Encina Business Credit LLC is looking to fill the void in asset-based financing as major players have stepped back from the space. The Chicago-based lender, which opened last month with funding from Los Angeles private-equity firm Management and Encina Capital Partners, has hired William Kearney to lead its retail finance division.
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