Michael C. Cassetta has joined GB Merchant Partners as a managing director in the debt investment group. Cassetta is a senior investment professional with fourteen years of investment management and credit experience. His primary focus will be on private market debt underwriting and opportunistic secondary market investments.
Gordon Brothers Group announced today that Michael C. Cassetta has joined its investment management affiliate, GB Merchant Partners, as a managing director in the Debt Investment Group. Mr. Cassetta is a senior investment professional with fourteen years of investment management and credit experience. His primary focus will be on private market debt underwriting and opportunistic secondary market investments.
Mr. Cassetta brings to Gordon Brothers Group several years of experience analyzing and underwriting both public and private debt and equity investments across the capital structure. Prior to his role at GB Merchant Partners, he was a portfolio manager with Pioneerpath Capital, an affiliate of Citadel Investment Group. There he was responsible for portfolio management, risk management, idea sourcing and analytics. Mr. Cassetta’s expertise is grounded in his past work within the agriculture, coal, steel, mining, transportation, metals, aerospace, packing and building materials sub-sectors.
Earlier in his career, Mr. Cassetta held positions at Davidson Kempner Partners and Heartland Industrial Partners where his responsibilities included the analysis and execution of various distressed debt and event driven equity ideas along with arranging and overseeing $4.5 billion of financing, spanning all forms of debt and equity investments. He began his career as an analyst in the Acquisition Finance Group at JP Morgan Chase.
He holds an MBA from Harvard Business School with distinction and a BS in Accountancy from Bentley University.
Gordon Brothers Group made its first debt investment in 1993 and has steadily grown its portfolio over the years. Gordon Brothers Group generally makes junior secured loans, “Tranche B” loans or enterprise value loans to both private and public middle- market companies. Loans are typically used by borrowers for working capital, to fund long-term growth, to execute an acquisition or to facilitate a turnaround.
About Gordon Brothers Group
Founded in 1903, Gordon Brothers Group (www.gordonbrothers.com) is a global
advisory, restructuring and investment firm specializing in the retail, consumer products,
industrial, and real estate sectors. Gordon Brothers Group maximizes value for both
healthy and distressed companies by purchasing or selling all categories of assets,
appraising assets, providing debt financing, making private equity investments, and
operating businesses for extended periods. Gordon Brothers Group conducted over $50
billion worth of transactions and appraisals in 2011.
About GB Merchant Partners
The Debt Investment Group of GB Merchant Partners (www.gbmerchantpartners.com),
the investment management affiliate of Gordon Brothers Group, originates, structures
and invests in private market debt. Structured debt investments in the form of senior,
unitranche, second lien or mezzanine loans ranging from $10 to $50 million are made to
middle-market companies in need of capital to effect strategic change. Target industries
include aerospace, automotive, commodities, consumer products, forest products,
gaming, industrial equipment, manufacturing, real estate, restaurants, retail, and
Elizabeth Sarhaddi Gordon Brothers Group [email protected] (617) 422-6545