NEW YORK--(BUSINESS WIRE)--Praesidian Capital, a leading provider of senior and subordinated debt for small and mid-sized companies, announced today the addition of Michael Peroni as Principal, effective immediately.
“We are pleased to add Mike to our growing team,” stated Jason Drattell, Founder and Managing Partner. “Mike will help us with portfolio monitoring, financial analysis, and new deal execution. He is a welcome addition to the Praesidian family.”
Mr. Peroni joins Praesidian from S.L. Fashions Corp. where he served as Chief Financial Officer and directed financial planning and business operations. He also worked with D.B. Zwirn & Co. as an Associate in asset management, where he managed 20 private corporate investments. Prior to his work there, Mr. Peroni served as Assistant Vice President in the middle market group at Citibank, and also served as an Analyst with JP Morgan Securities and Sands Brothers & Co.
Mr. Peroni earned his BA in economics from Hamilton College and his MBA in Finance at the Stern School of Business at New York University.
About Praesidian Capital
Praesidian Capital is an innovative private investment firm focused on providing senior and subordinated debt along with growth capital to private lower middle market businesses in the United States, United Kingdom, Germany, and selectively in Northern Europe. Praesidian invests in established, small and mid-sized companies often in connection with management buyouts, recapitalizations and refinancings. Based in New York City with an office in London, Praesidian manages nearly $1 billion in committed capital. For more information, visit www.praesidian.com.