THL Credit makes executive appointments, new hires

Jim Fellows will fill new role as CIO at alternative credit manager. 

THL Credit Advisors has tapped current team members to fill the positions of chief investment officer and co-heads of direct lending alongside making several additional hires, the company said on Tuesday.

The new chief investment officer is Jim Fellows, the current co-head of tradable credit. He serves on the firm’s direct lending and tradable credit investment committees and is based in Chicago.

Fellows joined THL Credit in 2012 as part of its acquisition of McDonnell Investment Management, where he was co-head of the alternative credit strategies group.

“Jim Fellows’ extensive experience of over 28 years investing in leveraged credit will strengthen the oversight of investment decisions across the entire platform,” co-chief executive officer Sam Tillinghast said.

Along with the Fellows appointment, the company also named current employees Monty Cook and Howard Wu as co-heads of direct lending. 

Cook is a managing director in the New York office and joined THL Credit in 2013; he leads the business and financial services vertical.  Wu is a managing director as well and works in the firm’s Los Angeles office. He joined THL Credit in 2007 and leads the consumer and healthcare vertical.

Tillinghast said in a statement that the staffing decisions are intended to capitalize on the firm’s recent growth to more than $8 billion in assets under management.

THL Credit also hired Michelle Handy as managing director and Will Karim as senior counsel and director, both in Boston.

Handy joins THL Credit after working several roles at GE Capital, where she was most recently chief operating officer of that firm’s Americas’ workout platform. Karim served as legal counsel at Keurig Green Mountain on corporate lending.

Eric Lee also recently joined the firm as director in New York, as Private Debt Investor previously reported. Lee worked at Credit Suisse in its corporate credit group and investment banking division.