Eric Maloy joined Gladstone Capital as a managing director to open the company’s Dallas office.

Maloy will lead business development efforts in the Southwest to deliver cash flow oriented debt and equity co-investments financing solutions to lower middle market businesses in the region.

Prior to joining Gladstone, Maloy was a managing director at MUFG Union Bank and served as national origination manager for MUFG’s specialty lending practice focused on providing asset-based and structured debt products in the U.S. Prior to MUFG, he was a senior vice president at Bank of America Merrill Lynch, where he was responsible for originating and structuring new senior debt opportunities in the Southwest. Prior to BAML, Maloy was a vice president at the CIT Group providing asset-based and leveraged cash flow loans to the middle market.

Maloy started his professional career in public accounting with Ernst & Young and also has private industry and equity experience.

“With over 20 years of experience originating, structuring, and underwriting leveraged loans for middle market borrowers, Eric is a natural fit for Gladstone’s middle market focus and we are excited about him being a part of the team,” said Gladstone President Bob Marcotte.

Gladstone Capital was founded in 2001 as one of the first publicly traded business development companies focused on investing in debt and equity securities of small and mid-sized businesses.