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Metropolitan Partners appoints new CFO

Metropolitan Partners Group (Metropolitan), a private credit fund manager based in New York that provides short-term, senior-secured, collateralised loans to small and mid-sized, non-sponsored businesses, has appointed Ed Giordano as Chief Financial Officer (CFO), replacing Eric Chasser who has taken on the new role of Chief Operating Officer at Metropolitan.Giordano brings more than 15 years of experience in finance roles at credit funds prior to joining Metropolitan. He served as CFO for HIG Capital’s Credit Platform for six years, where he was responsible for the financial reporting and operations oversight of a USD13 billion portfolio, and was Managing Director and Chief Accounting Officer of Black Diamond Capital Management (“BDCM”), where he was responsible for overseeing all finance, accounting, tax and operational activities for BDCM and its affiliates.

 
Metropolitan also added five more professionals in its investment, asset management and administrative divisions this year, including Jonathan Fung, who joined Metropolitan as Senior Vice President in Asset Management. In addition to Fung, the firm added an investment analyst, an asset management analyst, an investor relations analyst and a controller. Metropolitan’s team biographies can be found on the firm’s website.
 
“Despite the many challenges that Covid-19 has created for small businesses across all sectors, we have been fortunate to have identified and recruited top talent to join our team in 2020 in all of our business divisions,” says Paul Lisiak, Managing Partner and Founder of Metropolitan. “Prior to the pandemic commencing, we identified certain team positions that we felt were needed to grow our firm as we were experiencing—and continue to experience—increased volume of private credit lending opportunities in the niche area of the market in which we focus—small and mid-sized, non-sponsored businesses. By adding to the breadth and depth of our executive, asset management, investment and administrative teams in a way that directly aligns with the increased activity in our specific market, we believe we will be ideally positioned to increase the number of deals we take on—identifying fundamentally sound, small to mid-sized businesses to collaborate with as they address near-term challenges they are experiencing as a result of the pandemic.”
 
“I am very excited to be part of the Metropolitan team, which is a leader in the non-sponsored, middle-market lending space, and have the opportunity to expand the firm’s finance capabilities and work alongside its exceptional executive leadership team,” says Giordano

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