TPG Specialty Lending, Inc. Appoints Joshua Easterly as Co-Chief Executive Officer
December 06, 2013 at 04:29 pm EST
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TPG Specialty Lending, Inc. announced that Joshua Easterly was elected by the company's board of directors to the position of Co-Chief Executive Officer, joining Michael Fishman. Mr. Easterly continues to be Chairman of the board and a director of the company. Prior to being named Co-Chief Executive Officer, Mr. Easterly was a Vice President, director and Chairman of the Board of the Company since 2011.
Sixth Street Specialty Lending, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income primarily in United States-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine and unsecured loans and investments in corporate bonds, equity securities, and other instruments. The Company invests in first-lien debt, second-lien debt, mezzanine and unsecured debt and equity and other investments. The Companyâs first-lien debt may include stand-alone first-lien loans, last out first-lien loans, unitranche loans and secured corporate bonds with similar features to these categories of first-lien loans. Its second-lien debt may include secured loans, and to a lesser extent, secured corporate bonds, with a secondary priority behind first-lien debt. The Company is managed by Sixth Street Specialty Lending Advisers, LLC (the Adviser).