Sterling Group hires BNP vet to lead mezz arm – exclusive

The Texas investment firm will target corporate credit.

The Sterling Group may be the latest firm to throw its hat into the private credit ring, as the firm plans to launch a mezzanine debt practice, a source familiar with the matter told Private Debt Investor

The Houston-based private equity firm has brought on Sean Davenport, a former Dallas-based banker at BNP Paribas, to lead the junior debt arm.

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