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Stellus adds principal and IR VP to team

Most recently, Haverland was executive director in Fifth Third Bank’s technology, media, and telecom group and Carroll was the vice president of investor relations at Comvest Partners.

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  • Haverland has an undergraduate degree in commerce from The University of Virginia while Carroll holds a BA from the University of Vermont
  • Currently, Stellus has about $2.6 billion in assets under management, according to the firm
  • Founded in 2012, Stellus was formed in conjunction with the spin-out of D.E. Shaw’s direct capital unit

Stellus Capital Management, a mid-market direct lender, has hired Bill Haverland as principal and Casey Carroll as vice president, investor relations.

In his new role Haverland will be focused on building private equity relationships in the Northeast and Mid-Atlantic. Most recently, he served as an executive director in Fifth Third Bank’s technology, media, and telecom Group, where he focused on private equity coverage from 2017 to 2022. There he was a member of the investment banking team responsible for originating and executing M&A transactions. Haverland received a B.S. in commerce from The University of Virginia.

Carroll joins Stellus with more than 10 years of investor relations and fundraising experience. Most recently, Carroll was vice president of investor relations at Comvest Partners, where he was involved in all aspects of IR with a focus on institutional fundraising for the firm’s private credit and private equity strategies. Prior to that, he was a senior vice president of production and development at Straight Up Films in Los Angeles. Carroll holds a B.A. from The University of Vermont.

Robert T. Ladd, managing partner at Stellus, conveyed excitement about these two new hires. “With their many years of credit, private equity and investment banking experience, we are very pleased to have Bill and Casey join the Firm,” he said in a public statement. “Bill and Casey will provide our private equity clients and investors the high caliber support that is the hallmark of Stellus Capital.”

Founded in 2012, Stellus was formed in conjunction with the spin-out of the D. E. Shaw Group’s direct capital unit. According to the firm, Stellus currently has approximately $2.6 billion in assets under management, with offices in Houston, the Washington, D.C. area, and Charlotte, North Carolina.