Capital Southwest Hires SVP/CFO of Post-Spin BDC

Capital Southwest said it appointed Michael S. Sarner as SVP. Following an announced spin-off transaction, Sarner will be appointed CFO of the company’s business development company.

Goldman Registers Liberty Harbor Capital

Goldman Sachs has registered a specialty finance company, Liberty Harbor Capital, which will be regulated as a BDC. The company will focus on middle-market companies that have been underserved in recent years by banks.