Medley appoints direct lending head in the Western US

Kunal Soni, a managing director in San Francisco, has been promoted to oversee direct lending for the West Coast.

Medley Management, the US lending firm, has promoted Kunal Soni to head of direct lending for the Western region. Soni joined the firm in September last year as a managing director. Soni plays a key role in developing the firm's relationships with private equity firms, investment banks and corporate borrowers, Medley said in a statement.

 

Soni brings 16 years of experience to Medley. Prior to joining the firm, he was a managing director at THL Credit, leading the sourcing, underwriting and account management of direct lending transactions for the Western region. Before THL Credit, Soni worked in a variety of roles in the asset management industry.

 

“It is with great pleasure that we recognize Kunal's strong contribution to Medley,” commented Seth Taube, chief executive of Medley. “We are committed to building the premier middle market asset management platform and believe that Kunal's continued leadership will support that result.”

 

Medley handles about $3.3 billion across two business development companies, Medley Capital Corporation and Sierra Capital Corporation, as well as private funds. Medley's national direct origination franchise has 70 people on staff and provides a variety of financing to mid-market companies in the US. The firm has offices in New York and San Francisco. Brian Dohmen oversees direct lending for the East.