Peak Rock Capital (Peak Rock), a middle‐market private investment firm, has appointed Nicholas Basso as a Managing Director focused on credit investments. Basso will help to lead Peak Rock’s investments across corporate credit and grow the firm’s credit franchise. Peak Rock’s credit platform focuses on creative debt financings that require speed and certainty of execution.
Basso joins from Oaktree Capital Management, where he most recently served as a Managing Director in the Strategic Credit Group. He has led more than a billion dollars of investments in private credit, in addition to investing in various types of secondary opportunities. While at Oaktree, he helped to oversee the growth of the Strategic Credit strategy from inception to more than five billion dollars of assets under management.
Basso says: “I am thrilled to join such a strong team at a compelling time in the credit markets. Peak Rock has built an exceptional platform and culture with a proven ability to invest in situations requiring creative or complex financing solutions, which will prove particularly valuable in this market environment. I look forward to helping further expand the team’s capabilities in the existing credit strategy and building on the already impressive business that Peak Rock has created.”
Anthony DiSimone, Chief Executive Officer of Peak Rock, says: “The addition of Nick comes at a time when we are seeing a significant increase in the number of attractive credit opportunities. His deep experience across numerous sectors of the credit market will help to further expand our capabilities in the non-control debt space. We are pleased to have Nick join our growing platform and team at this exciting time for our strategy.”
