NEW YORK--(BUSINESS WIRE)--Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced today that Tom Duffy has been promoted from Associate to Vice President.
Mr. Duffy joined Praesidian in 2012 with six years of investment banking and commercial lending experience. In his time with the firm, he has undertaken financial analysis, due diligence, and execution of new investments, along with monitoring Praesidian’s portfolio. In his new role, he will also work with the firm’s European division as an Investment Director.
“Tom’s promotion is well deserved as he is a valuable member of the Praesidian team,” stated Jason Drattell, Founder and Managing Partner of Praesidian. “We are pleased to put his expertise to work in two countries as we 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.