SG Credit Partners hired John Todd (JT) as a managing director in Chicago. In this role, Todd will lead SG Credit Partners’ Midwest coverage efforts and will be responsible for originating and closing structured cash flow, technology/recurring revenue and special situation credit facilities.

“The addition of JT in Chicago will continue to strengthen our capability as a nation-wide credit fund. JT is very well known in the market and will bring tremendous experience and industry knowledge to our customers and collective team,” Marc Cole, CEO of SG Credit Partners, said.

Todd has more than 20 years of experience in the asset-based lending business. He previously served at Alostar Capital Finance where he helped grow the asset-based and lender finance business. His prior experience includes roles with CapitalSource, JPMorgan Chase and Wells Fargo Foothill.

“JT is the perfect fit to establish a true presence in the Midwest, which is a key market we are now positioned to expand in,” Charlie Perer, head of Originations at SG Credit Partners, said.

SG Credit Partners provides $1 million to $10 million structured debt solutions to lower middle market businesses.