Daily News: November 29, 2018

Broderick Joins Varagon as Managing Director/Healthcare Originations

Michael Broderick joined Varagon Capital Partners as managing director of Healthcare Originations. Broderick will be based in New York and report to Steve Warden, partner and head of Healthcare.

In this role, he will be responsible for originating and structuring transactions for middle market private equity firms in the healthcare sector.

“We welcome Mike, along with his experience and strong relationships, to Varagon,” said Warden. “We’ve made a significant investment in augmenting our Healthcare resources in 2018, and look forward to deploying these resources in conjunction with our private equity clients.”

Previously, Broderick originated debt, equity co-investments and banking opportunities with Capital One’s private equity clients. Prior to Capital One, he oversaw the healthcare sponsor finance team for CapitalSource. Broderick began his career at GE Capital where he held various positions within the healthcare and sponsor finance teams.

Varagon lends to middle market companies and private equity firms and invests across the capital structure, delivering flexible financing solutions that meet the needs of private equity partners.