Webster Bank has hired Ross Catlin as managing director and senior relationship manager for the commercial bank’s sponsor and specialty finance group. In this role, Catlin will be responsible for originating and executing senior financing for private equity sponsors and middle market companies. Previously, Catlin worked at Natxis US where he was a managing director of sponsor origination.
WATERBURY, Conn., September 28, 2017 – Webster Bank has named Ross Catlin as managing director and senior relationship manager, for the Commercial Bank’s Sponsor and Specialty Finance group. In this position, Catlin is responsible for originating and executing senior secured financings for private equity sponsors and middle market companies across all sectors. He reports to Andre Paquette, managing director and head of the Sponsor and Specialty Finance group.
Catlin brings more than 20 years of finance and banking related experience to Webster, and has a long and successful track record of sourcing, structuring, and closing middle market financings for a marquee group of private equity groups. Previously, he was a managing director of sponsor origination at Natixis US. Prior to his work at Natixis, Catlin held similar roles at PNC Bank, Newstar Financial and Bank of Ireland. Catlin began his banking career at BNP Paribas where he assumed several roles of increasing responsibility across their leveraged finance platform.
“The addition of Ross Catlin to our Sponsor and Specialty Finance team is another key step in Webster’s expansion of our middle market sponsor finance practice,” Paquette said. “Ross brings a deep and diverse level of experience to our already talented group of bankers in delivering outstanding deal execution for our customers.”
Catlin earned his bachelor of arts in economics from Lafayette College and his MBA from the University of North Carolina’s Kenan Flagler Business School in Chapel Hill.
He is originally from New Jersey, and now lives in New Canaan, Connecticut with his wife and two children.
About Webster Bank’s Sponsor and Specialty Finance Group
Webster’s Sponsor and Specialty Finance Group provides cash-flow based, senior-secured debt solutions to middle-market companies, typically backed by private equity capital and in one of our four specialty industry verticals: TMT, healthcare, Restaurant & Franchise and Environmental. The division currently has $3.1 billion in total loan commitments, with $651 million year-to-date loan volume in 2017, with 221 existing borrowers.
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $26.2 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment services through 167 banking centers and 343 ATMs. Webster also provides mobile and Internet banking. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and HSA Bank, a division of Webster Bank, which provides health savings account trustee and administrative services. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.