Twin Brook adds one more to its origination team

The Chicago-based firm is in the midst of raising a fund that has already met its $2bn target.

Twin Brook Capital Partners has made another senior hire to focus on originations as the firm is nearing the endgame of its massive fundraise for its latest flagship fund.

The Chicago-based firm has brought on Tim Healy, who was previously a senior vice-president at Linsalata Capital Partners, a lower mid-market buyout firm. In addition to his focus on origination in his new role, he will also work on building and developing client relationships, according to a statement.

While at Linsalata, Healy oversaw the firm’s marketing, intermediary development activities and deal sourcing. Before that, Healy worked at National City Bank, where he worked on providing senior debt financings for private equity firms and the companies they invest in.

“Tim’s background with middle-market leveraged transactions, and more recently as a partner at a private equity firm, brings a truly distinctive set of experience that we will look to leverage as we continue our strong growth,” Trevor Clark, the firm’s managing partner, said in a statement.

The firm did not immediately respond to request for additional comment.

The hire comes as Twin Brook likely nears the endgame for the fundraising of its third direct lending fund, AG Direct Lending Fund III, which could be the largest lower mid-market commingled fundraise yet. The firm has held a first close on $2 billion, the vehicle’s fundraising target.