CHARLOTTE, N.C.--(BUSINESS WIRE)--Capitala Group (“Capitala”), a provider of capital to lower and traditional middle market companies, announced today that it has promoted Casey Swercheck to Director of Capital Strategies. Mr. Swercheck will be responsible for cultivating relationships with current and prospective investors across a variety of Capitala-sponsored investment products and strategies. In addition, Mr. Swercheck will continue to focus on origination and sourcing in the Florida market, which is a significant source of investments for Capitala Group.
“Since the recent closing of Capitala Specialty Lending Corp. and the pre-launch of our new growth fund, Capitala has reevaluated its human capital needs and investor communication structure,” said Joe Alala, III, Chairman & CEO of Capitala Group. “Casey’s strong background in investor strategy and institutional client relations make him the ideal person for the position as Capitala continues to provide best-in-class service to its investors.”
Casey Swercheck joined the firm in 2013, establishing its Fort Lauderdale office. Previously, Mr. Swercheck worked for Hamilton Lane Advisors, where he focused on the investment activities of the Florida Growth Fund, and was a member of Hamilton Lane’s Fund Investment Team. Prior to Hamilton Lane, Mr. Swercheck worked with Wilshire Associates, an investment consulting firm. Mr. Swercheck is a graduate of the University of Pittsburgh with a degree in Finance. He is currently the Chairman of the Florida Venture Forum, and a board member of the Miami Finance Forum and the South Florida chapter for the Association for Corporate Growth.
About Capitala Group
Capitala Group is a $2.7 billion asset management firm that provides capital to lower and traditional middle market businesses throughout North America with office locations in Atlanta, Charlotte, Fort Lauderdale, Los Angeles, New York, and Raleigh. Capitala’s lower middle market investment strategy focuses on investing in debt securities with minority equity co-investments with less than $250 million in enterprise value through its permanent capital vehicles, Capitala Finance Corp. (Nasdaq:CPTA) and Capitala Specialty Lending Corp. (CSLC). Capitala’s growth fund strategy targets control and minority equity investments, typically coupled with credit investments, in lower middle market companies with less than $30 million in enterprise value through both SBIC (CapitalSouth SBIC Fund IV, L.P.) and non-SBIC closed-end funds. Capitala Group has invested in over 150 companies since its inception in 1998 and seeks to partner with strong management teams to create value and achieve optimal outcomes for its investors. For more information, visit our website at www.CapitalaGroup.com.