November/December 2016

Former Gibraltar CEO Launches Stonegate Capital

ABF Journal illustrator Jerry Gonzalez provides his take on the launch of Stonegate Capital.


Former Gibraltar Capital CEO Darren Latimer launched Stonegate Capital Holdings to provide $1 million to $10 million asset-backed loans to established lower middle market enterprises and emerging brands.

The founding team includes CFO Tim Gottfried, formerly of CDW and Cerberus Capital; Tony Cappell, formerly of First Midwest Bank and Andrea Hedrick, previously of Wells Fargo Capital Finance.

Shortly after opening, Stonegate closed on a significant equity investment led by Bridge Investments, a Chicago-based private equity firm, and New York-based MBB.