Daily News: June 27, 2012

Ally Commercial Finance Names Nalitt to Business Development

Ally Commercial Finance, a unit of Ally Financial, appointed Craig Nalitt, senior director, to business development in the New York region. He will work with private equity sponsors and intermediaries, replacing Don Giuseppi, who recently retired. Nalitt will report to Luis Acosta, senior managing director.

Nalitt has more than 12 years of leveraged lending and finance experience, primarily in structuring, underwriting and managing loans provided to middle-market companies. He began his career at Bank One in July 1998, and progressed through a number of positions since joining Ally Commercial Finance in November 2000.

Nalitt holds a bachelor’s degree in Finance from Indiana University and a master’s degree in business administration from New York University’s Stern School of Business.

Ally Commercial Finance provides senior secured loans to meet the unique needs of equity sponsors and middle-market companies.