NEW YORK--(EON: Enhanced Online News)--Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced today that Alex Massimo was promoted from Analyst to Associate and Thomas J. (“TJ”) O’Donnell was hired as an Analyst.
“We know that their expertise will be extremely useful as we monitor our current portfolio and explore new investment opportunities.”
Mr. Massimo joined Praesidian earlier this year from the Leveraged Finance Origination Group at UBS Investment Bank. With his expanded role, Alex will take on additional responsibilities in all aspects of the firm while he focuses on portfolio management and assists on new investments. Mr. O’Donnell was previously an Analyst in U.S. Institutional Equity Sales with Nomura Securities International. His new responsibilities at Praesidian include financial analysis, due diligence and execution of new investments.
“Alex’s promotion is well deserved, and we are very pleased to welcome TJ to the team,” stated Jason Drattell, Founder and Managing Partner of Praesidian. “We know that their expertise will be extremely useful as we monitor our current portfolio and explore new investment opportunities.”
About Praesidian Capital
Praesidian Capital partners with small and mid-sized businesses by providing private debt capital. With a focus on its core competency in mezzanine financing, Praesidian invests in established, historically profitable companies often in connection with a management/leveraged buyout, recapitalization or refinancing. Based in New York City, Praesidian manages more than $700 million in committed capital. For more information, visit www.praesidian.com.