services company providing financing to
commercial businesses and other Hitachi
companies in the United States and
Canada. It offers a variety of asset-based
financing solutions with a focus on truck,
trailer, and floorplan financing; trade
financing; structured financing; vendor
financing; and asset-based lending.
LBC Credit Partners: John Jadach was promoted to partner and Will McCarthy was
hired as managing director.
Jadach is responsible for the firm’s portfolio function and capital markets activity.
An LBC team member for nearly nine years,
he has served in roles of increasing importance and responsibility. John has 23 years
of leveraged lending and financial services
McCarthy is responsible for sourcing, structuring and negotiating new
investments. He is a veteran investment
professional providing financing solutions
to middle-market companies throughout
the United States. Previously, Will was a
director with Orix USA in their Leveraged
Finance Group and held senior positions
with ING Capital and GE Capital.
At the same time, LBC announced five
more promotions within its investment
and accounting teams. These include the
promotions of Adam Slager to director,
Rocco Christino and Brian Einfeldt to vice
president, Mike Zarrella to senior associate
and Kari Shumaker to fund controller.
“I would like to welcome Will and
congratulate John and the others on their
promotions,” said John Brignola, managing
partner. “With over 45 investment professionals and a senior team with more than
a decade of shared working history, LBC
continues to enhance and strengthen our
firm as we enter our 15th year of business.
We are excited for the next level of the
firm’s leadership and look forward to their
contributions to our growth.”
Slager is responsible for the firm’s
treasury and financial planning activities.
He has 16 years of industry experience and
of market-facing and risk management
roles. Kirst has held positions with Heller
Financial, GE Capital and CapitalSource in
the Greater Chicago area.
Periu continued, “Matthew has an ac-
complished career spanning almost three
decades providing financing solutions to
middle-market companies. Our Chicago of-
fice will be well positioned to better serve
our clients with the capital solutions that
“NepFin is the first of its kind in middle-
market lending,” Kirst said. “I’m excited
to lead the Chicago office and expand
NepFin’s presence across the Midwest.”
Neptune Financial Inc. (NepFin), is a
technology-enabled commercial lending
platform that provides capital solutions
and financial intelligence tools to fuel the
growth of mid-sized businesses across
the United States. Headquartered in San
Francisco, CA, NepFin’s platform serves
one of the most underserved sectors of the
broader U.S. economy – businesses with
between $10 million and $100 million in
Prestige Capital: Rachel Hersh, based in
New York and Long Island, was recently
promoted to sales director, North America
at Prestige Capital Corp., a 35-year-old factoring firm based in Ft. Lee, NJ. Hersh has
more than 20 years of experience in the
factoring industry and will be responsible
for continuing to grow Prestige Capital’s
footprint in North America.
“In the 12 years that Rachel has been
with Prestige, she has successfully expanded partnerships across the continent. This
title better reflects the broad reach that
Rachel has established and will continue
to maintain for Prestige Capital,” said Stuart Rosenthal, Prestige Capital’s executive
Hersh has gained national recognition
has been with LBC for nine years.
Christino is responsible for leading a
team in the research and underwriting of
new and existing investments. He has 16
years of leveraged lending and financial
services experience and has been with LBC
for four years.
Einfeldt is responsible for managing a
portfolio of loans, capital markets research
and loan syndications. He has seven years
of leveraged lending and financial services
experience and has been with LBC for six
Zarrella is responsible for supporting
the research and underwriting of new and
existing investments. He has 12 years of
leveraged lending and financial services
experience and has been with LBC for two
Shumaker is responsible for fund accounting and tax matters. She has 15 years
of experience in the asset management
and alternative investments industries and
has been with LBC for seven years.
LBC also announced the expansion of
its Chicago office and the relocation of its
headquarters to Radnor, Pennsylvania, a
suburb of Philadelphia, to help accommodate growth.
Neptune Financial Inc. (NepFin), a
technology-enabled lower middle-market
commercial lender, announced that it has
expanded its presence in the Midwest
by opening a Chicago office. The Chicago
office will be led by Matthew Kirst, senior
managing director. In this role, Kirst brings
deep industry knowledge and expertise to
the firm and will drive initiatives throughout the Midwest.
“There are many phenomenal
middle-market companies throughout the
Midwest and we are excited to expand our
practice into the Chicago market so we can
work even more closely with those companies on their capital needs,” said Albert
Periu, NepFin co-founder & CEO.
Kirst has nearly 30 years of experience
in the banking industry, serving in a variety