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Mesirow Expands Alternative Credit Team with Three Strategic Hires

Mesirow expanded its Alternative Credit team with three key hires following its acquisition of Bastion Management, strengthening its capabilities in capital markets, client development, and asset management.

byRita Garwood
March 25, 2025
in News, People

CHICAGO, March 24, 2025 /PRNewswire/ — Mesirow, an independent, employee-owned financial services firm, is pleased to announce the expansion of its Alternative Credit team with three strategic hires. This growth reinforces Mesirow’s commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.

The new hires follow Mesirow’s December 2024 acquisition of Bastion Management, a leading asset-backed lender now operating as Mesirow Alternative Credit:

  • Nicholas Paidas joins as Director, Capital Markets and Sourcing, leading efforts in deal origination, structuring, and strategic partnerships. He brings extensive experience in capital markets, having previously held senior roles at Yieldstreet and Mission Capital Advisors, where he specialized in Private Credit and Specialty Finance structuring, underwriting, and originations.
  • Servia Rindfleish has been appointed Client Portfolio Manager, leveraging 14 years of investment management experience. In this role, she will drive business development efforts, focusing on building and strengthening partnerships with existing and prospective clients, LPs, consultants and other investor classes.
  • Bryce Labonski joins as Associate, Asset Management, bringing expertise in portfolio monitoring and unit economic modeling.

“We are pleased to welcome Nicholas, Servia and Bryce to the team,” said Jay Braden, CEO and Co-Chief Investment Officer of Mesirow Alternative Credit. “We look forward to their contributions as we continue to offer clients strong return potential and top-tier client service.”

Since its inception in 2013, the Alternative Credit team has successfully closed over 50 transactions, committing more than $2 billion to both traditional consumer lending platforms and emerging fintech companies.

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