Gerard K. Kammerer was named chief risk officer by 36th Street Capital, an independent provider of financing solutions for the equipment financing industry.

Kammerer will be responsible for all aspects of risk management for the firm, including underwriting, transaction structuring, residual management and portfolio analytics. He will also serve as a member of 36th Street Capital’s investment committee and join the firm’s senior leadership team.

“Joining the 36th Street Capital team is a great opportunity to leverage my years of experience with this dynamically growing company,” said Kammerer. “I am especially looking forward to being part of a leadership team that is committed to providing solutions that address the unmet needs for middle-market equipment financing.”

Kammerer joins 36th Street Capital from CIT Group, having held multiple positions as a senior credit officer during his nearly 20-year tenure. Previously, he held credit officer positions of increasing responsibility with NCR Credit, AT&T Capital and MetLife Capital.

“We are very excited to have Gerry join 36th Street Capital as a key member of our executive team,” said Kiran R. Kapur, CEO of 36th Street Capital. “I had the pleasure of working closely with Gerry during my time at CIT, gaining firsthand knowledge of his roll-up-the-sleeves approach to underwriting and risk management. His proven track record of successfully underwriting and managing outcomes for equipment financing portfolios makes him a great addition to our growing firm. Further, Gerry’s expertise in middle-market storied credits will be instrumental in meeting the increasing demand we see in this market.”