Daily News: August 7, 2014

Salus Capital Hires SMD of Corporate/Business Development LA

Salus Capital Partners announced that Mark A. Deneen joined the firm as senior managing director, corporate and business development, based in Los Angeles. Deneen will be leading Salus’ presence in the Western region of the U.S. and will be responsible for day to day origination and structuring of new business opportunities across the region. 

Mark brings more than 33 years of commercial banking and lending experience. He served as a team leader in the marketing department of PNC Business Credit, where he covered California, the Northwest and Western Canada.

“Further establishing our presence on the West Coast is a significant milestone for Salus that underscores the continuing demand we see in the marketplace for our innovative and forward-looking approach to asset-based lending,” remarked Andrew H. Moser, president and CEO of Salus Capital. “Mark’s depth of experience in both ABL and business development across the Western region will be integral to Salus as we continue to expand the reach of our platform. We are very pleased to welcome him to our team.”