Daily News: September 16, 2013

NXT Capital Expands Direct Originations Team

NXT Capital announced the expansion of its new Direct Originations Team with the hiring of David Gozdecki, James Clifton and Jeffrey Kurtzweil.

Gozdecki was most recently a managing director in the GE Capital’s Corporate Finance Group, where he structured a wide range of credit facilities for middle market companies.

Clifton was previously a vice president at GE Capital with responsibilities for originating senior secured financing for middle-market companies.

Kurtzweil was most recently a vice president in GE Capital’s Senior Secured Loan Program.

Under the leadership of Richard Rodgers, NXT Capital’s Direct Originations Team sources senior secured, stretch, unitranche and second lien cash-flow solutions for non-sponsored middle-market companies across the United States. The new team members further enhance NXT Capital’s ability to support middle-market companies, investment banks, intermediaries, advisors and others. NXT Capital’s Direct Originations Team serves middle-market companies with stable cash flows, experienced management teams and $5 million to $75 million of EBITDA.

“I’m very pleased to bring such talented professionals into NXT Capital’s Direct Originations Team,” said John Finnerty, group head, Corporate Finance. “David Gozdecki, James Clifton and Jeffrey Kurtzweil offer a wealth of experience and relationships to help NXT Capital deliver the responsive service, creative structures and significant hold sizes middle market companies need.”