Twin Brook, Angelo Gordon‘s middle-market direct lending arm, has named Timothy Wentink as a managing director focused on its healthcare lending business. Previously, he worked at Madison Capital where he was a managing director on the healthcare leveraged finance team.
NEW YORK & CHICAGO–(BUSINESS WIRE)–Twin Brook Capital Partners (“Twin Brook” or the “Firm”), the middle market direct lending subsidiary of Angelo Gordon, today announced that Timothy Wentink has joined the Firm as a Managing Director focused on its Healthcare Lending business. Mr. Wentink joins the Twin Brook team from Madison Capital, where he was a Managing Director on the Healthcare Leveraged Finance team.
“With his proven history of success and extensive industry expertise, we are thrilled to welcome Tim to the Twin Brook team,” said Twin Brook Founder and Managing Partner Trevor Clark. “Private equity sponsors have become increasingly active in the healthcare sector, particularly in the U.S. middle market. The addition of Tim will make us even better positioned to fulfill our clients’ financing needs, driving the continued growth of our healthcare business and overall market share.”
“Twin Brook has a differentiated platform backed by talented professionals, and it is an honor to join such an exceptional firm,” said Mr. Wentink. “Over the past four years, Twin Brook has built an impressive business, and I look forward to working with Trevor, Faraaz Kamran, and the entire Twin Brook team to continue expanding the Firm’s pipeline of opportunities and product offerings in the healthcare space.”
Mr. Wentink comes to Twin Brook with 13 years of healthcare-focused, middle market lending experience. For over a decade, he was responsible for originating, structuring, underwriting, and negotiating debt facilities for private equity-sponsored healthcare transactions at Madison Capital Funding. Previously, Mr. Wentink served on Merrill Lynch Capital’s Healthcare Leveraged Loans team, where he focused on private equity-sponsored transactions. Mr. Wentink began his career in the Middle Market Commercial Lending group at JPMorgan Chase & Co, and he received a B.S. in Finance from the University of Illinois at Urbana-Champaign.
Twin Brook focuses on loans to private equity-owned companies with EBITDA between $3 million and $50 million, with an emphasis on companies with $25 million of EBITDA and below. The Firm targets senior financing opportunities up to $400 million with hold sizes across the Twin Brook platform ranging from $25 million up to $150 million. Since inception in the fourth quarter of 2014, Twin Brook has closed 327 transactions and provided total arranged commitments of approximately $9.6 billion, including 85 transactions and $2.3 billion in arranged commitments in the healthcare sector.
ABOUT TWIN BROOK CAPITAL PARTNERS
Twin Brook Capital Partners is a finance company focused on providing cash-flow based financing solutions for the middle market private equity community. The Firm is managed by highly experienced, dedicated professionals who have successfully worked together throughout their careers at leading middle market lending institutions. Twin Brook’s flexible product suite allows for tailored financing solutions for leveraged buyouts, recapitalizations, add-on acquisitions, growth capital, and other situations.
For more information, visit www.twincp.com.
ABOUT ANGELO GORDON
Angelo Gordon is a privately held limited partnership founded in November 1988. The firm currently manages approximately $32 billion with a primary focus on credit and real estate strategies. Angelo Gordon has over 480 employees, including over 190 investment professionals, and is headquartered in New York, with associated offices elsewhere in the U.S., Europe and Asia. For more information, visit www.angelogordon.com.