Experience

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  MC Credit Partners LP

  • Stamford, CT

  • Managing Director

    • 2020 - Present
    • Stamford, CT

    • Origination, portfolio management and structuring cash flow high yielding first lien, unitranche, second lien, structured equity, and mezzanine middle market transactions.

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  Prospect Capital Corporation

  • Greater New York City Area

  • Managing Director & Investment Committee Member

    • 2010 - 2020
    • Greater New York City Area

    • Origination, portfolio management and structuring of middle market cash flow high yielding first lien, unitranche, second lien, control buy-outs and mezzanine transactions. • Closed more than 25 transactions with over $2.3B in invested capital out of total firm investments of $10.6B.• Sourced over 325 transactions for initial review, with primarily sourced from financial sponsors, direct lenders, investment banks and advisors. • Served as senior investment committee member, evaluating more than 550 transactions as well as monitoring financial and operational performance portfolio companies.• Fostered and fortified senior relationships with midcap financial sponsors, leading to substantial recurring business. • Originated and managed control buy-out transactions aggregating over $350M, earning 16%+ current cash yields. • Evaluated and hired management, add-on investments, restructurings and successful exits.• Prepared and presented critical communications, including deal approval memos, credit write-ups, and formal presentations to the investment committee (also serve as a member). • Key contributor to fundraising efforts, participating and leading meetings with potential investors for a mezzanine fund launch.• Introduced the silent, second lien concept in conjunction with mezzanine financing.• Closed more than $150M in bank participations by developing relationships with various bank sales desks.

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  GE Capital

  • Managing Director

    • 2003 - 2010

    GE Commercial and Industrial Finance• Led origination, restructuring, and portfolio management of middle market cash flow and leasing transactions.• Introduced practice of originating and executing on high yielding asset-based and cash flow debt financings, restructurings, leases and equity investments with financial sponsors/private equity firms.• Built and led team of 12 while optimizing returns and structuring transactions to minimize risk. • Identified mission-critical assets and operations of various companies across diverse industries, including industrial, transportation, food and beverage, chemical, aerospace and general manufacturing.  • RICHARD T. CARRATU• [email protected]  (203) 550-0293• Originated and closed $2.7B+ of asset-based and cash flow debt financings, restructurings, leases, generating substantial revenue regarding book volume and syndication fees. • Closed more than 40 transactions with 20+ financial sponsors, intermediaries and advisors.• Developed relationships with over 200 financial sponsors, intermediaries, advisors and direct middle market companies through years of meticulous transaction activity.• Drew upon exceptional knowledge of Chapter 11 and Six Sigma financial and negotiating skills to restructure and workout several investments.• Trusted to testify upon the firm’s behalf regarding Chapter 7 and 11 court proceedings.• Prepared and presented deal approval memos, credit write-ups, and formal presentations to executive management in connection with deal transactions.• Received numerous GE customer awards for deal sourcing and innovation.

  • Senior Vice President

    • 2001 - 2003

    GE Industrial, Telecom, Transportation Finance and Energy

  • Vice President

    • 1998 - 2001

    GE Industrial, Telecom, Transportation Finance and Energy

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  Polish American Enterprise Equity Fund, LP

  • New York, New York

  • Portfolio Manager & CFO

    • 1997 - 1998
    • New York, New York

    • Oversaw all financial reporting, portfolio management and treasury functions with direct responsibility to Board of Directors and CEO. • Led team of six professionals in managing portfolio investments of vehicle set up by the US government to facilitate Poland’s economic recovery after Communist rule.• Tracked financial and operational performance of portfolio companies, partnering with management teams to implement cash forecasting and financial reporting processes. • Developed and delivered formal fund board and investment committee presentations in connection with restructuring activities and related progress. • Ensured optimum portfolio management and enhanced deal flow by remaining abreast of all current Central and Eastern European investment activity over $800M from US and European investors.• Created and led supervised reporting process to limited partners, including sourcing, valuations, developing exit strategies and marketing the fund.

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  Joseph Littlejohn & Levy

  • New York, New York

  • CFO, JLL Fund, Vice President Finance

    • 1994 - 1997
    • New York, New York

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  PwC

  • New York, New York

  • Senior Manager Corporate Finance

    • 1983 - 1994
    • New York, New York