Maranon Capital, L.P. announced that Andrew Eshelman and Colin McCarthy have joined the firm as associates. Both will support Maranon’s investment and portfolio management activities.

Prior to joining Maranon, Eshelman was an analyst on the consumer and retail investment banking team at Bank of America Merrill Lynch. He is a graduate of Indiana University’s Kelley School of Business.

McCarthy was previously with William Blair & Company’s investment bank where he worked as an analyst in the special situations and restructuring group. He is a graduate of Yale University.

“We are pleased to welcome Andrew and Colin,” commented Ian Larkin, managing director and co-founder of Maranon Capital. “Our pace of new platform and follow on investments has built momentum as we have progressed through the year. With these additions, our team is well positioned for future investment activity.”

Maranon Capital provides senior financing, mezzanine debt and equity co-investments for private equity-backed and non-sponsored middle-market transactions.