TPG Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or “the Company”)
announced today that Ian Simmonds will join the Company as Chief
Financial Officer, effective November 30, 2015. Mr. Simmonds will
succeed the Company’s Chief Operating Officer, Bob Ollwerther, who has
assumed the role of Chief Financial Officer on an interim basis.
“We have had the pleasure of working with Ian over the past few years
and believe that in joining as CFO, he will further strengthen our
already strong executive bench,” said Mike Fishman, Co-Chief Executive
Officer of TSLX. “We believe that Ian will be a valuable leader for our
business given his deep accounting and financial experience, combined
with his demonstrated leadership and capital markets acumen. We are
confident that Ian will build upon the culture of excellence and strong
financial policies that have been the foundation of our business since
inception.”
A Chartered Accountant, Mr. Simmonds brings over 20 years of experience
in accounting, finance, and asset management to the position. Before
joining TSLX, Mr. Simmonds spent over 10 years at Bank of America
Merrill Lynch where he was most recently a Managing Director in the
Financial Institutions Group, including as an advisor to TSLX for the
past three years in that capacity. Mr. Simmonds received a Bachelor of
Commerce from The University of New South Wales, a Master of Applied
Finance from Macquarie University and an MBA from University of
Pennsylvania’s Wharton School.
About TPG Specialty Lending
TSLX is a specialty finance company focused on lending to middle-market
companies. The Company seeks to generate current income primarily in
U.S.-domiciled middle-market companies through direct originations of
senior secured loans and, to a lesser extent, originations of mezzanine
loans and investments in corporate bonds and equity securities. The
Company has elected to be regulated as a business development company,
or a BDC, under the Investment Company Act of 1940 and the rules and
regulations promulgated thereunder. TSLX is externally managed by TSL
Advisers, LLC, a Securities and Exchange Commission (“SEC”) registered
investment adviser. TSLX leverages the deep investment, sector, and
operating resources of TPG Special Situations Partners, the dedicated
special situations and credit platform of TPG, with over $12 billion of
assets under management, and the broader TPG platform, a global private
investment firm with over $74 billion of assets under management. For
more information, visit the Company’s website at www.tpgspecialtylending.com.
Forward-Looking Statements
Statements included herein may constitute “forward-looking statements,”
which relate to future events or the Company’s future performance or
financial condition. These statements are not guarantees of future
performance, conditions or results and involve a number of risks and
uncertainties. Actual results may differ materially from those in the
forward-looking statements as a result of a number of factors, including
those described from time to time in the Company’s filings with the
Securities and Exchange Commission. The Company assumes no obligation to
update any such forward-looking statements. TSLX undertakes no duty to
update any forward-looking statements made herein.
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