MidOcean Credit Partners hires Carey as chief investment officer

MidOcean Credit Partners has named Dana Carey as chief investment officer. Previously, he worked at Apollo Global Management where he was a partner in credit and global co-head of the performing credit business.


NEW YORK, July 9, 2019 – MidOcean Partners (“MidOcean”), a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments, today announced that Dana Carey has joined MidOcean Credit Partners as Chief Investment Officer. Previously, Mr. Carey spent six years at Apollo Global Management where he served as Partner in Credit and Global Co-Head of the Performing Credit business.

“Dana brings a wealth of credit investing experience to MidOcean,” said Ted Virtue, CEO of MidOcean. “We are thrilled to add Dana’s talent to the leadership of MidOcean Credit Partners, complementing the senior team around which we have built our business since its launch in 2009.”

Steve Shenfeld, President of MidOcean Credit Partners, added, “I’m excited to welcome Dana to the MidOcean family and look forward to working closely with him to further grow and develop our credit platform. Dana’s deep credit expertise and shared investment philosophy will enable us to continue to drive value for our investors through our differentiated and research-driven approach to alternative credit.”

Mr. Carey brings significant investment decision making and portfolio oversight experience to MidOcean. Prior to Apollo Global Management, Mr. Carey was a Partner and Co-Head of Special Situations at Stone Tower Capital, a leading alternative investment management company that was acquired by Apollo in 2012. Earlier in his career, Mr. Carey worked in private equity and investment banking. He received a Bachelor of Arts in International Relations and German Area Studies from Tufts University and a Master of Business Administration from Columbia University.

About MidOcean Partners
Established in 2003, MidOcean Partners is a premier New York-based alternative asset manager that specializes in middle market private equity and alternative credit investments. Since inception, the focus of MidOcean Private Equity has been on high-quality middle market companies with attractive strategic, operational and financial growth opportunities in the consumer and business services sectors. Established in 2009, MidOcean Credit manages more than $8 billion across a series of alternative credit strategies, collateralized loan obligations (“CLOs”), and customized separately managed accounts as of March 31, 2019. For more information, please visit MidOcean’s website (www.midoceanpartners.com).