NEW YORK, Aug. 4, 2014 /PRNewswire/ -- Medley LLC, a leading asset manager, announces that Peter McLaughlin has joined their team as Managing Director on the Direct Lending Team.
Mr. McLaughlin will play a key role in further developing the firm's relationships with private equity firms and corporate borrowers. Mr. McLaughlin brings 23 years of experience to Medley having worked most recently as a Managing Director at CIFC and with Longroad Asset Management where he was Head of Origination. Prior to Longroad, Mr. McLaughlin worked with Gottex Middle Market Debt Fund, Contrarian Capital Management, Golden Tree Asset Management, Wells Fargo Foothill and JP Morgan.
Mr. McLaughlin brings a wealth of industry knowledge and expertise, having executed numerous financing transactions for middle market borrowers. Seth Taube, CEO of Medley, commented: "We are pleased to add Peter to our growing team at Medley. Peter brings extensive experience in direct lending and credit investing and we know that his addition will continue to enhance our high caliber team."
Medley is a registered investment adviser with approximately $3.4 billion of assets under management in private funds, managed accounts and its public business development companies, Medley Capital Corporation (NYSE: MCC) and Sierra Investment Corporation. The firm specializes in credit investing, including direct private lending and corporate credit related strategies. Over the past 12 years, Medley has invested in excess of $4.4 billion to help over 262 companies grow across 35 industries in North America. Medley is headquartered in New York with an office in San Francisco. Find more information on our website, www.medleycapital.com.
SOURCE Medley LLC