Nathan Elliott has joined Balance Point Capital Partners as a VP. Most recently, Elliott worked at Jefferies Finance where he was a VP responsible for the due diligence and underwriting of syndicated loan and bridge financings mainly for sponsor-led LBO transactions. Westport, Conn.-based Balance Point provides capital to lower middle market companies.
WESTPORT, Conn., Oct. 21, 2014 /PRNewswire/ — Balance Point Capital Partners, L.P. (“BPCP”), a leading provider of capital to lower middle market companies located throughout the United States, is pleased to announce that Nathan D. Elliott has joined the BPCP team as a Vice President.
Mr. Elliott brings an extensive background in the underwriting and execution of debt financings to non-investment grade companies. For the past four years, Mr. Elliott worked at Jefferies Finance LLC where he was a Vice President responsible for the due diligence and underwriting of syndicated loan and bridge financings primarily for Sponsor led LBO transactions. He developed significant experience in a variety of industries including healthcare, manufacturing, telecom, media, restaurant and consumer. Mr. Elliott began his career in financial services at GE Capital where he graduated from the selective two-year ECLP (Experienced Commercial Leadership Program) training program. He later served as an Associate and Assistant Vice President at GE Capital’s Corporate Lending business where he underwrote senior secured debt transactions and monitored a portfolio of GE’s corporate clients.
Mr. Elliott earned a B.A. from Cornell University and an M.B.A from the University of Connecticut.
“Nathan’s extensive background in underwriting and executing debt transactions will be a great asset to BPCP as we continue to grow our capital base,” commented Managing Partner Seth Alvord. “Nathan’s interest and experience in the middle market fits well with our investment strategy and will enable us to continue to support companies and management teams with capital and strategic input.”
About Balance Point Capital Partners
Balance Point Capital Partners invests mezzanine and equity capital in select lower middle market companies. Since 1988, the firm and its predecessor funds have invested in over 75 distinct businesses. Balance Point Capital Partners takes a long – term, partnership approach to investing and is committed to building lasting relationships with private equity sponsors, management teams and intermediaries. The Fund targets companies with EBITDA between $2 million and $20 million. Balance Point Capital Partners is based in Westport, CT (www.balancepointcapital.com).