Private debt specialist Old Hill Partners has hired Patrick Stone as a portfolio manager.
Stone will be responsible for originating, underwriting and monitoring a portfolio of direct loans to businesses operating across industries in the lower middle market.
Most recently Stone served as a director of credit and risk at Fundation Group, a fintech lender. Prior to Fundation Group, Stone worked from 2010 to 2015 at Full Circle Capital Corporation, a public commercial finance company, originating, structuring, and underwriting a portfolio of asset-based and unitranche loans.
Pat began his professional career at UBS Global Asset Management.
"Pat is a great addition to our credit team, and a high caliber business person," says Jeffrey Haas, COO of Old Hill Partners. "His dual skill set as an energetic dealmaker and meticulous underwriter allow him to handle larger deal volumes, and at the same time provide a high level of service and responsiveness to the firm's deal sources. This is unique in our industry, and we believe will help the firm responsibly deploy capital."
