THL makes hire in direct lending division

The Boston-based firm scooped up a veteran mid-market lender with experience originating investments.

Eric Lee, formerly of Credit Suisse Park View business development company, has landed at THL Credit following his old firm’s sale to Cion Investment Corporation.

Lee is now a director in THL’s direct lending arm, which targets lower mid-market companies – specifically businesses with an EBITDA of between $5 million and $50 million, with an emphasis on those $25 million and under.