Specialty finance firm Midcap Financial named Michael Marziani managing director and team leader of the MidCap Technology Finance Group. He will be responsible for sourcing loans within the group, which provides growth capital in the form of term debt and working capital facilities to venture capital-backed and publicly traded software, telecom and IT-related companies

Marziani has more than 17 years of technology-lending experience and has been responsible for transactions totaling in excess of $1.5 billion of capital. He served most recently as a managing director at Ares Management and co-head of Ares Venture Finance. Prior to joining Ares in 2012, Marziani was a managing director at BlueCrest Capital, where he focused on originating, structuring and negotiating investment opportunities.