Oxford Finance, a specialty finance firm, appointed Nick McDearis to lead asset-based lending (ABL) originations. This strategic hire marks a significant milestone as Oxford enters the traditional ABL market.
McDearis brings nearly 20 years of experience in the ABL industry and a proven track record of success in originating and structuring complex financing solutions. His expertise and leadership will be instrumental in driving Oxford’s growth and diversification strategy. Prior to Oxford, McDearis was a managing director at Ares Management, where he was responsible for originating, underwriting, structuring and executing middle-market sponsored and non-sponsored senior debt investments. Prior to Ares, he held roles at Monroe Capital, AloStar Capital and First Capital.
“We are thrilled to welcome Nick to the Oxford team,” Tracy Maziek, senior managing director and group head of Oxford, said. “Nick’s extensive experience and deep understanding of the ABL market make him the ideal leader to spearhead our expansion into the traditional ABL space. This move aligns with Oxford’s long-term vision to broaden its service offerings and provide flexible financing solutions to companies in a wider range of industries and with differing needs.”
“I am excited to join Oxford and spearhead this new business line,” McDearis said. “Oxford has an outstanding reputation in the healthcare industry. I look forward to building on that foundation as we expand the company’s product offering with comprehensive and customized financing solutions for asset-based borrowers.”
