Leveraged Lending

Leveraged Finance and Financial Sponsors Group

MidCap Financial's Leveraged Finance and Financial Sponsors Group specializes in First Lien, Second Lien, Unitranche and Mezzanine cash flow based loans to Financial Sponsor backed companies in a variety of industries in the US and Europe, with EBITDA typically of $10 million to $100 million.

We provide underwritten committed financing up to $750 million to companies in the following industries: business services, healthcare, distribution, manufacturing, consumer, food/beverage, technology, and media, among others. Please see select transactions below and in the transactions tab.

Loans are typically made in connection with acquisitions, refinancing and recapitalizations and for general working capital purposes and are specifically tailored to each situation. 

MidCap Financial Services, LLC*

Clare Bailhé
President – Leveraged Finance & Financial Sponsors
cbailhe@midcapfinancial.com • 310-909-7586

Clare Bailhé is a co-founder of MidCap Financial and as President of Financial Sponsors & Leveraged Finance she oversees the Global Sponsor Group at MidCap and Apollo, leads MidCap Capital Markets and is on the Investment Committee. Prior to joining MidCap Financial, Ms. Bailhé founded and ran the leveraged lending platform for Merrill Lynch Capital Healthcare Finance. Prior to Merrill Lynch, she was a Managing Director at Bank of America in the healthcare group, and a Managing Director and Head of Healthcare, Western Division for Banque Paribas. Ms. Bailhé has over 30 years’ experience in corporate and investment banking. Ms. Bailhé holds a B.A. in Economics from UCLA.

Bryan Rupprecht
Managing Director & Head of Healthcare
brupprecht@midcapfinancial.com • 312-234-0299

Bryan Rupprecht is a Managing Director in the Leveraged Finance & Financial Sponsors Group where is responsible for originating and structuring senior and junior capital for middle market companies backed by leading healthcare focused private equity firms. Mr. Rupprecht is a Team Leader and Head of Healthcare investing. He has over 25 years of experience in finance. Mr. Rupprecht has held leadership roles previously at Merrill Lynch Capital, Heller Financial and GE Capital. He began his career at Houlihan Lokey Howard and Zukin. Mr. Rupprecht holds an M.B.A. from Northwestern University’s Kellogg School of Management and a B.S. from Indiana University.

Tolga Ozgen
Managing Director & Head of Strategic Accounts
tozgen@midcapfinancial.com • 646-644-8312

Tolga Ozgen is a Managing Director - Strategic Accounts where he is responsible for distribution for both internal managed accounts and external Capital Markets Loan Syndications for Leveraged Finance. Mr. Ozgen develops and runs managed accounts for institutional investors and ensures consistency between managed accounts investment partners and leveraged finance syndication partners. Mr. Ozgen joined MidCap Financial through the acquisition of the MGEC (Mubadala GE Capital) portfolio where he was responsible for deal sourcing. He also had prior leadership roles at GE Capital and McKinsey & Co. Mr. Ozgen holds an M.S. in Mechanical Engineering from Massachusetts Institute of Technology and a B.S in Mechanical Engineering from Rensselaer Polytechnic Institute.

Rodney Craig
Managing Director & Team Leader
rcraig@midcapfinancial.com • 310-909-7587

Rodney Craig is a Managing Director in the Leveraged Finance & Financial Sponsors Group where he is responsible for originating and structuring senior and junior capital for middle market companies backed by leading private equity firms. Mr. Craig is a Team Leader and Head of Business Services investing. Mr. Craig has over 30 years of experience in finance and has held leadership roles previously at GE Capital, Merrill Lynch Capital, Citigroup, and Banc of America Securities. Mr. Craig holds an M.B.A. from University of California - Los Angeles and a B.S. in Finance & Business Administration from the University of Southern California.

David Crescenzi
Managing Director & Team Leader
dcrescenzi@midcapfinancial.com • 646-677-0011

Dave Crescenzi is a Managing Director in the Leveraged Finance & Financial Sponsors Group where he is responsible for sourcing, structuring and executing senior and junior capital for middle market companies backed by leading private equity firms. Based in New York, Mr. Crescenzi has over 28 years of experience in finance. Previously, Mr. Crescenzi was a Managing Director at Deutsche Bank for seventeen years. He began his finance career at Houlihan Lokey. Mr. Crescenzi holds an MBA from Cornell University and a BA in Economics from the University of California at Santa Barbara.

Michael Min
Managing Director & Team Leader
mmin@midcapfinancial.com • 310-909-7592

Michael Min is a Managing Director in the Leveraged Finance & Financial Sponsors Group where he is responsible for originating, underwriting and structuring of senior and junior capital for middle market companies backed by leading private equity firms. Mr. Min is a Team Leader and Head of Food and Consumer investing. Mr. Min has over 20 years of experience in finance. Prior to joining MidCap Financial, Mr. Min worked at Merrill Lynch Capital, Allied Capital and Spring Capital Partners. He began his career at Deutsche Bank Securities. Mr. Min holds a B.A. from Dartmouth College.

Josh Rothenberg
Managing Director & Team Leader
jrothenberg@midcapfinancial.com • 301-841-6739

Josh Rothenberg is a Managing Director in the Leveraged Finance & Financial Sponsors Group where he is responsible for the origination, underwriting, and execution of senior and junior capital for middle market companies backed by leading private equity firms. Mr. Rothenberg has provided financing to middle market companies for over 15 years. Prior to joining MidCap Financial, Mr. Rothenberg was at MCG Capital. Mr. Rothenberg holds an M.B.A. from Georgetown University and a B.S. from the University of Maryland.

Jeff Shekell
Managing Director – Capital Markets
jshekell@midcapfinancial.com • 310-909-7983

Jeff Shekell is a Managing Director in the Leveraged Finance & Financial Sponsors Group where he is responsible for our relationships with Investment Bankers and other Financial Advisors in developing business opportunities for the Group. Mr. Shekell has been with MidCap Financial for over 10 years. Prior to joining MidCap Financial, Mr. Shekell spent 15 years in financing roles across various industries. Mr. Shekell holds an M.B.A. from the Paul Merage School of Business at the University of California, Irvine and a B.S. from Ball State University.

Anisha Malhotra
Managing Director
amalhotra@midcapfinancial.com • 646-677-0009

Anisha Malhotra is a Principal in the Leveraged Finance & Financial Sponsors Group where she is responsible for sourcing, structuring and executing senior and junior capital transactions for middle market companies backed by leading private equity firms. Ms. Malhotra has over 15 years of experience in finance and most recently was Managing Director at private equity firm GPB Capital. Ms. Malhotra spent 11 years at Goldman Sachs in the Leverage Finance Group. Ms. Malhotra began her finance career at JPMorgan Chase. Ms. Malhotra holds a Bachelor’s of Science in Finance & Marketing from the Leonard N. School of Business at New York University.

Melissa Morrison
Managing Director
mmorrison@midcapfinancial.com • 301-263-7988

Melissa Morrison is a Managing Director in the Leveraged Finance & Financial Sponsors Group where she is responsible for sourcing, structuring, and executing senior and junior capital transactions for middle market companies backed by leading private equity firms, Family Offices, and non-sponsored companies. Ms. Morrison has over 15 years of experience in finance and prior to joining MidCap Financial was an Executive Director in the Leveraged Finance Group at Nomura in London. Previously, Ms. Morrison held roles at Enclude in DC, and at Barclays and Lehman in NY in the Consumer/Retail Group. Ms. Morrison holds a B.A. magna cum laude in Economics and Mathematics (Phi Beta Kappa) from Williams College, and an M.B.A. from Harvard Business School.

Puja Parekh
Managing Director
pparekh@midcapfinancial.com • 240-235-0142

Puja Parekh is a Managing Director in the Leveraged Finance & Financial Sponsors Group where she is responsible for sourcing, structuring, and executing senior and junior capital transactions for middle market companies. Ms. Parekh has nearly 15 years of experience in finance and prior to joining MidCap Financial was a Vice President at AEA Investors and earlier an Associate in their Private Debt Funds. Previously, Ms. Parekh held finance roles at Citadel Securities and at Goldman Sachs as an Analyst in the Consumer Retail Group. Ms. Parekh holds a B.B.A with High Distinction from the University of Michigan, Ross School of Business.

Grace Wang
Managing Director
gwang@midcapfinancial.com • 310-622-7891

Grace Wang is a Managing Director in the Leveraged Finance & Financial Sponsors Group where she is responsible for originating and structuring senior and junior capital for middle market companies backed by leading private equity firms. Ms. Wang has 20 years of experience in finance and has held roles previously at B. Riley Financial, Bank of America Merrill Lynch, UBS, and Credit Suisse. Ms. Wang holds an M.B.A. and a Masters of International Affairs from Columbia University and a B.S. Phi Beta Kappa from Georgetown University.

T.J. Ceravolo
Director
tceravolo@midcapfinancial.com • 312-488-4528

T.J. Ceravolo is a Director in the Leveraged Finance & Financial Sponsors Group where he is responsible for sourcing, underwriting, structuring and executing senior and junior capital transactions for middle market companies. Mr. Ceravolo has over 10 years of experience in finance and joined MidCap Financial in 2016 from Fifth Third Bank in the Consumer/Food Group. Mr. Ceravolo holds a B.A. in Finance from the University of Notre Dame – Mendoza College of Business.

Jonathan Jacobs
Director
jjacobs@midcapfinancial.com • 240-235-0133

Jonathan Jacobs is a Vice President in the Leveraged Finance & Financial Sponsors Group where he is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market companies. Mr. Jacobs joined MidCap Financial in 2014. Previously Mr. Jacobs was an Investment Banking Analyst at England & Company. Mr. Jacobs holds a B.A. in International Studies from The John Hopkins University.

Michael Sandler
Director
msandler@midcapfinancial.com • 240-383-3119

Michael Sandler is a Vice President in the Leveraged Finance & Financial Sponsors Group where he is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market companies. Mr. Sandler joined MidCap Financial in 2016 from Capital One in Bethesda, MD where he was an Associate in the Technology Sponsor Finance group for three years. Mr. Sandler began his career at Mercer Capital as a Financial Analyst. Mr. Sandler holds a B.A. in Economics from Vanderbilt University.

Lucy Rice Culp
Vice President
lculp@midcapfinancial.com • 312-488-4541

Lucy Rice Culp is a Vice President in the Leveraged Finance & Financial Sponsors Group and as part of the Healthcare Team she is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market healthcare companies. Ms. Culp joined MidCap Financial after completing her undergraduate B.S. degree at Vanderbilt University. Ms. Culp also has an MBA from Northwestern University – Kellogg School of Management.

Meredith Dickinson
Vice President
mdickinson@midcapfinancial.com • 310-622-7895

Meredith Dickinson is a Vice President in the Leveraged Finance & Financial Sponsors Group where she is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market companies. Ms. Dickinson joined MidCap Financial from Credit Suisse in New York. She began her career at Ally Corporate Finance. Ms. Dickinson holds a B.A. in Economics from the University of Michigan, Ann Arbor.

Luba Morgan
Vice President
lmorgan@midcapfinancial.com • 310-622-7892

Luba Morgan is a Vice President in the Leveraged Finance & Financial Sponsors Group where she is on the Capital Markets team and responsible for syndicating senior and junior capital for middle market companies, supporting managed accounts activities, and our marketing efforts. Ms. Morgan joined MidCap Financial in 2015 after prior experience at Grant Thornton in Chicago and Los Angeles. Ms. Morgan holds an M.B.A. from The University of Chicago Booth School of Business and a B.S. in Commerce and Finance from DePaul University, graduating Summa Cum Laude.

Evan Plisner
Vice President
eplisner@midcapfinancial.com • 310-622-7893

Evan Plisner is a Vice President in the Leveraged Finance & Financial Sponsors Group where he is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market companies. Mr. Plisner joined MidCap Financial from Trishield Capital Management in New York. He began his career at Royal Bank of Scotland, PLC. Mr. Plisner holds a B.A. in Economics from the University of Michigan, Ann Arbor.

Alex Ringold
Vice President
aringold@midcapfinancial.com • 310-622-7897

Alex Ringold is a Vice President in the Leveraged Finance & Financial Sponsors Group where he is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market companies. Mr. Ringold joined MidCap Financial from Bank of the West. He began his career at Manufacturers Bank. Mr. Ringold has a BA in Economics from Occidental College.

Jon Stephenson
Vice President
jstephenson@midcapfinancial.com • 240-383-1659

Jon Stephenson is a Vice President in the Leveraged Finance & Financial Sponsors Group where he is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market companies. Mr. Stephenson joined MidCap Financial from CapitalSource. He began his began his career at Deloitte & Touche. Mr. Stephenson has a B.S. in Business Administration from the University of Richmond.

Tyler Wilson
Vice President
twilson@midcapfinancial.com • 240-235-0130

Tyler Wilson is a Vice President in the Leveraged Finance & Financial Sponsors Group where he is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market companies. Mr. Wilson joined MidCap Financial from GE Capital/Antares where he began his career. Mr. Wilson a B.S. in Finance from Virginia Polytechnic Institute and State University.

Matt Zikaras
Vice President
mzikaras@midcapfinancial.com • 310-622-7687

Matt Zikaras is a Vice President in the Leveraged Finance & Financial Sponsors Group and as part of the Healthcare Team he is responsible for originating, underwriting, structuring and executing senior and junior capital transactions for middle market healthcare companies. Mr. Zikaras joined MidCap Financial from Bank of Ireland. He began his career at K2 Advisors. Mr. Zikaras has a BA in Economics from Boston College.

* See "Firm Overview" page for information on MidCap Financial's relationship with MidCap Financial Services, LLC and Apollo Capital Management, L.P.