LBC Credit Partners announced that Ryan R. Rassin has been hired as a director in the firm’s Chicago office.

Rassin will be primarily responsible for originating, structuring and executing new debt investments for LBC. He has nearly 15 years of leveraged lending and corporate finance experience and possesses considerable transaction expertise, having led investments and transactions for middle-market companies, including asset-based loans and senior and junior cash flow loans.

Prior to joining LBC, Rassin spent over five years at Orchard First Source Capital, where he was responsible for sourcing and executing middle-market cash flow financings and was a team leader with responsibility for a portfolio of accounts. Prior to Orchard First Source Capital, he spent nearly ten years at Bank of America Business Capital.

Rassin earned an M.B.A. in Finance and Strategy from the University of Chicago Booth School of Business and a Bachelor of Science degree in Accountancy from the University of Illinois. He received his CPA certification in 1995.

“We’re delighted to have Ryan join us. He adds depth to our team and will augment our presence in the Midwest and Southwest,” said Allan Allweiss, a managing director at LBC. “Ryan will be instrumental in helping LBC deploy capital in middle market transactions.”

LBC Credit Partners is a leading provider of middle-market financing solutions including senior term, unitranche, second lien, junior secured and mezzanine debt, and equity co-investments.