NXT Capital said Monday that it expanded its new direct originations team by hiring David Gozdecki, James Clifton and Jeffrey Kurtzweil. The direct originations team sources senior secured, stretch, unitranche and 2nd lien cash flow solutions for non-sponsored middle market companies. Gozdecki was most recently an MD in the GE Capital’s Corporate Finance Group, while Clifton was previously a VP at GE Capital. Kurtzweil was most recently a VP in GE Capital’s Senior Secured Loan Program.
Chicago, Illinois, September 16, 2013 – NXT Capital (www.nxtcapital.com) today announced the expansion of its new Direct Originations Team with the hiring of David Gozdecki, James Clifton and Jeffrey Kurtzweil.
Under the leadership of Richard Rodgers, NXT Capital’s Direct Originations Team sources senior secured, stretch, unitranche and 2nd lien cash flow solutions for non-sponsored middle market companies across the United States. The new team members further enhance NXT Capital’s ability to support middle market companies, investment banks, intermediaries, advisors and others.
NXT Capital’s Direct Originations Team serves middle market companies with stable cash flows, experienced management teams and $5 million to $75 million of EBITDA.
“I’m very pleased to bring such talented professionals into NXT Capital’s Direct Originations Team,” said John Finnerty, Group Head, Corporate Finance. “David Gozdecki, James Clifton and Jeffrey Kurtzweil offer a wealth of experience and relationships to help NXT Capital deliver the responsive service, creative structures and significant hold sizes middle market companies need.”
Gozdecki was most recently a Managing Director in the GE Capital’s Corporate Finance Group, where he structured a wide range of credit facilities for middle market companies.
Clifton was previously a Vice President at GE Capital with responsibilities for originating senior secured financing for middle market companies.
Kurtzweil was most recently a Vice President in GE Capital’s Senior Secured Loan Program.
NXT Capital provides structured financing solutions to middle-market and emerging growth companies, as well as real estate investors, through its Corporate Finance, Healthcare, Equipment Finance, Venture Finance and Real Estate Finance groups. Based in Chicago with offices in New York, Atlanta, Boston, Charlotte, Dallas, Phoenix, San Francisco and Silicon Valley, NXT Capital targets senior financing opportunities up to $150 million with a hold size up to $50 million. See www.nxtcapital.com.