Daily News: July 25, 2014

Alcentra Hires Scopelliti as SVP

Alcentra Capital announced that David P. Scopelliti joined Alcentra NY, Alcentra’s adviser, as an SVP.

Scopelliti has more 20 years of middle market experience and will be responsible for transaction sourcing, deal execution and the monitoring of portfolio companies.

Most recently, Scopelliti was a principal at GarMark, where he focused on investing subordinated debt and equity in middle market companies. Prior to joining GarMark in 2007, Scopelliti was a managing director with Pacific Corporate Group, an alternative asset investment firm, responsible for discretionary and non-discretionary private investment programs for corporate and governmental entities.

Prior to that, Scopelliti served as head of Private Equity for the State of Connecticut, where he restructured and rebuilt its $4 billion private equity program. Scopelliti’s prior experience also includes having been a managing director with CIBC World Markets in its leveraged finance group investing capital alongside financial sponsors.