Wingspire Capital provided a $50 million senior secured revolving line of credit to SG Credit Partners to support the company’s growth trajectory.
SG Credit Partners started a collateral-based lending division and hired Nathalie Butler as managing director of underwriting to lead the group.
SG Credit Partners promoted Spencer Brown and Oren Moses to managing director roles and Carlos Tan to principal. Daniel Looker and Gerardo Mora also were promoted to associate roles.
SG Credit Partners promoted Spencer Brown to managing director while also opening a Colorado office. In Brown’s role, he will continue leading coverage efforts for originating and closing structured cash flow, collateral-based, recurring revenue and high net worth facilities in the Rocky Mountain and Southwest regions.
SG Credit Partners was once a single product division of Super G Capital, but in 2018, Marc Cole and Charlie Perer decided to branch out by co-founding SG Credit Partners. Since then the company has expanded its product offerings, brought in a bevy of new talent and used an infusion of capital from Cynosure, 4612 Group and MidMark to position itself for further growth.
SG Credit Partners hired John Todd (JT) as a managing director in Chicago. Todd previously worked for Alostar Capital Finance, CapitalSource, JPMorgan Chase and Wells Fargo Foothill.
Super G Capital spun out its cash flow, technology and special situations lending division to create a pure-play, lower middle market specialty finance company, SG Credit Partners.