#United States #Chicago #Finance #Mesirow #Alternative Credit

Mesirow Expands Alternative Credit Team

Mesirow, an independent financial services firm, is excited to share significant growth within its Alternative Credit team. With the recent strategic hires of three experienced professionals, the firm is poised to enhance its service offerings for institutional and high-net-worth investors.

In December 2024, Mesirow completed the acquisition of Bastion Management, integrating it into its operations as Mesirow Alternative Credit. This acquisition set the stage for further expansion, and the addition of Nicholas Paidas, Servia Rindfleish, and Bryce Labonski underscores the firm's intent to lead in the alternative investment space. Each new hire brings a wealth of expertise that complements the team's existing strengths:

• - Nicholas Paidas takes on the role of Director of Capital Markets and Sourcing. He will oversee deal origination and structuring, leveraging his extensive background in capital markets from previous roles at Yieldstreet and Mission Capital Advisors, specializing in private credit and specialty finance. His leadership is expected to strategically enhance Mesirow's investment solutions.

• - Servia Rindfleish, appointed as Client Portfolio Manager, carries over 14 years of investment management expertise. Rindfleish's primary focus will be on business development initiatives, where she aims to strengthen relationships with current and prospective clients, including limited partners and consultants, ensuring an engaging customer experience and fostering trust.

• - Bryce Labonski joins as an Associate in Asset Management, bringing expertise in portfolio monitoring and unit economic modeling. His analytical skills will be pivotal in enhancing the performance assessments of Mesirow's diverse investment strategies.

Jay Braden, CEO and Co-Chief Investment Officer of Mesirow Alternative Credit, expressed enthusiasm about the trio's arrival. He believes their distinct abilities will allow Mesirow to provide innovative and rewarding financial solutions to clients serious about achieving strong returns.

Since launching its Alternative Credit team in 2013, Mesirow has closed more than 50 transactions, committing over $2 billion to leading consumer lending platforms and emerging fintech companies across North America and the UK. The team plans to continue evolving, developing fresh and creative financial solutions for small to mid-sized businesses in a constantly changing financial landscape.

Looking beyond the Alternative Credit niche, Mesirow is also dedicated to enhancing its Private Capital and Currency platforms. This includes established segments such as Mesirow Private Equity, Mesirow Currency Management, and Mesirow Institutional Real Estate Direct Investments. The company is equally focused on growing its wealth management and investment banking services, which are essential for navigating today's complex financial environment.

As of December 31, 2024, Mesirow has achieved an impressive $306.2 billion in total assets under supervision. Established in 1937 and headquartered in Chicago, Mesirow proudly identifies itself as an employee-owned firm with a personal approach to finance and a commitment to social responsibility.

For further information about Mesirow's innovative investment offerings, or to learn more about their activities, you can visit their website or follow them on LinkedIn. They're not just partners in finance but also community contributors striving for positive social impact.