WhiteHorse Capital has expanded its direct lending team, bringing on board a former GE executive and a former Medley Capital manager, the firm said on Thursday.
Kimberly Massa was most recently at GE Capital. She will now be a managing director based in Stamford, Connecticut and will focus on credit underwriting across the WhiteHorse platform.
Peter McLaughlin was previously at Medley Capital. He will lead the firm’s Midwest sponsor and non-sponsor originations out of Chicago.
Prior to WhiteHorse, Massa was the chief credit officer for the telecom, media and technology platform at GE, where she managed a portfolio with more than $4 billion of credit exposure. Previously, she was a managing director for Antares Capital.
Peter had previously originated, executed and managed mid-market loans for Medley Capital. He has more than 15 years of experience in mid-market private equity, investment banking and lending.
WhiteHorse, the direct lending affiliate of HIG Capital, invests in syndicated loans and structured products throughout the US and Europe.
The direct lending platform focuses on companies in the lower mid-market with EBITDA of $10 million to $75 million, according to a company spokesman. The affiliate provides senior secured loans, including first lien and second lien, with non-sponsored and sponsored deals.
HIG Capital currently has $21 billion of equity capital under management, according to the statement.