SLR Capital Partners, a private credit platform operating in specialty finance direct lending to U.S. middle market companies, added Mac Fowle as president of asset-based lending (ABL).
In this newly created role, Fowle will lead the expansion of SLR’s ABL platform by leveraging his more than 20 years of experience in the ABL industry for U.S. middle market borrowers. Fowle will report to Michael Gross and Bruce Spohler, co-founders of SLR, and Cedric Henley, chief risk officer of specialty finance. Fowle’s expertise will complement SLR’s current ABL leadership team across its specialty finance businesses, which consists of longstanding industry veterans. His focus will be on expanding SLR’s ABL capabilities beyond the platform’s existing strong ABL franchise.
“We are excited to welcome Mac to SLR as we continue to expand our Specialty Finance capabilities,” Spohler and Gross said. “His leadership, experience and expertise across asset-based lending will be invaluable as we build on the firm’s nearly two decades of success, ensuring that both borrowers and investors benefit from the full strength of our platform. We look forward to working closely with Mac as we capitalize on the attractive environment and substantial addressable market for ABL in North America.”
Prior to joining SLR, Fowle served as global head of asset-based lending for J.P. Morgan Commercial Banking, responsible for leading the ABL group and supporting client financing needs for commercial and investment banking clients. Earlier, he served as chief risk officer for ABL at J.P. Morgan Commercial Banking and was a managing director in high yield and leveraged loan capital markets, where he was responsible for originating and distributing ABL loans, leveraged loans and high-yield bonds. Fowle joined J.P. Morgan in 2007 and has been active in leveraged finance and asset-based lending for more than two decades.
“I am excited to join SLR at this important time in the firm’s expansion,” Fowle said. “SLR has built a longstanding and comprehensive platform with an impressive track record across multiple specialty finance asset classes, and I look forward to working with the team to further broaden the firm’s ABL offering for both our investors and borrowers.”
