FrontWell Capital Partners, a private credit fund that provides transitionary senior debt financing to middle market companies in the United States and Canada, appointed Nick Bassi vice president of underwriting and portfolio management. Bassi, an industry veteran with more than two decades of asset-based lending experience in underwriting, origination and portfolio management, will be based in the firm’s Toronto headquarters.
“We are excited to welcome Nick to FrontWell,” Patrick Dalton, CEO of FrontWell Capital Partners, said. “Nick is a seasoned credit professional with deep relationships and experience managing underwriting activities and large portfolios across a range of sectors and through various market cycles. His skills in structuring, executing and overseeing investments in the asset-based lending space will be invaluable as we continue to scale our credit platform to provide more capital to middle market businesses.”
“As FrontWell continues to expand its presence in the private debt market, I’m excited to help the firm capitalize on the significant opportunities ahead and enable companies in our portfolio to execute their strategic plans through creative, value-added financing solutions,” Bassi said.
Bassi joined FrontWell from Scotiabank Asset Finance, where he most recently served as director of business development and previously was director and portfolio manager. Bassi led a team of senior relationship managers overseeing the nationwide ABL portfolio for Scotiabank Asset Finance.
Prior to joining Scotiabank, Bassi held progressively senior positions at multiple financial institutions, including BMO Financial Group, CIBC (previously CIT Business Credit) and Wells Fargo (previously Wachovia Bank).
