LOS ANGELES--(EON: Enhanced Online News)--The TCW Group, a global asset management firm, announced today that Mark Gertzof, 46, has joined the firm as a managing director in the TCW Direct Lending Group (TCW-DL). In this role, Gertzof will be involved in the origination, due diligence review, structuring and execution of new investments, and will contribute to the ongoing management of portfolio companies. He reports to Rick Miller, group managing director and head of the TCW-DL group.
“I’m pleased we have brought in such a high-caliber professional who can immediately be additive to our direct lending business.”
“Mark’s experience working with business owners and senior management teams to create customized financing solutions makes him the ideal fit for our team,” Miller said. “I’m pleased we have brought in such a high-caliber professional who can immediately be additive to our direct lending business.”
Gertzof has more than 20 years of experience in structuring highly tailored debt instruments for middle-market companies. Prior to joining TCW, he co-founded a middle-market investment banking and credit advisory firm, Monroe Credit Advisors. Prior to that, he was a managing director and team leader for Merrill Lynch Capital’s corporate finance leverage lending group. Gertzof started his career at Bank of Boston and spent 13 years at BankBoston/Fleet Capital in various positions focused on asset-based lending. He holds a bachelor’s degree with high distinction in finance and investments from Babson College.
“I am very excited to be joining such a diversified asset management firm and one that understands the importance of being able to provide its investors with a broad range of products,” Gertzof said. “I look forward to putting my skills to work in furthering TCW’s effort in direct lending.”
TCW-DL is a senior secured lender that provides debt capital to middle market companies for leveraged buyouts, refinancings, acquisitions, general growth, liquidity and recapitalizations. The strategy targets middle market companies with an emphasis on proprietary deal sourcing, attractive risk-adjusted returns and the preservation of capital. TCW-DL has raised more than $3.9 billion of capital since its inception in 2000. The business was acquired by TCW in December, 2012, and is part of TCW’s alternative investment platform which is overseen by Jess Ravich, head of alternative products.
About The TCW Group
Founded in 1971, The TCW Group, Inc. develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients' wealth, with approximately $128.1 billion in assets under management as of June 30, 2013. TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as a substantial number of foreign investors and high net worth individuals. For more information, please refer to www.tcw.com.