NEW
YORK, April 10, 2024 /PRNewswire/
-- WhiteHorse Finance, Inc. ("WhiteHorse
Finance" or the "Company") (Nasdaq: WHF) today announced that
John P. Volpe has been appointed to
serve as an independent member of its Board of Directors effective
today. Mr. Volpe will also serve on the Company's Nominating
and Corporate Governance Committee, Audit Committee and
Compensation Committee.
Mr. Volpe is a highly accomplished commercial lending
leader with significant capital markets expertise across asset
classes, including cash flow and asset based senior debt, junior
debt, debt investment funds, equity, securitizations, leasing and
insurance products. Mr. Volpe has over 25 years of experience
in commercial lending, including 18 years with GE Capital, where he
most recently served. He held numerous leadership roles at GE
Capital, including Senior Managing Director, Alternative Funding,
where he designed, implemented, and managed an innovative funding
structure for asset based revolving loans and grew commitments
under management to approximately $2.9
billion. Mr. Volpe received his Bachelor of Science
degree in Finance from the University of
Illinois.
Stuart Aronson, WhiteHorse
Finance's Chief Executive Officer, commented, "On behalf of
WhiteHorse Finance, I am pleased to welcome John to the Company's
Board of Directors. He brings highly relevant domain
expertise and will bring immediate value to our Board. We
look forward to working closely with John as we continue to
generate long term value for our stakeholders. We have
a tremendous opportunity ahead of us and are pleased to have a
strong Board to guide our strategy."
About WhiteHorse Finance, Inc.
WhiteHorse Finance is a business development company
that originates and invests in loans to privately held, lower
middle market companies across a broad range of industries. The
Company's investment activities are managed by H.I.G. WhiteHorse
Advisers, LLC, an affiliate of H.I.G. Capital, LLC, ("H.I.G.
Capital"). H.I.G. Capital is a leading global alternative
asset manager with over $60
billion of capital under management(1) across
a number of funds focused on the small and mid-cap markets. For
more information about H.I.G. Capital, please
visit http://www.hig.com. For more information about the
Company, please
visit http://www.whitehorsefinance.com.
Forward-Looking Statements
This press release may contain "forward-looking
statements" within the meaning of the Private Securities Litigation
Reform Act of 1995. Statements other than statements of historical
facts included in this press release may constitute forward-looking
statements and are not guarantees of future performance 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 filings with the Securities and Exchange Commission. The
Company undertakes no duty to update any forward-looking statement
made herein. All forward-looking statements speak only as of the
date of this press release.
(1) Based on total capital raised by H.I.G.
Capital and affiliates.
Contacts
Stuart Aronson
WhiteHorse Finance, Inc.
212-506-0500
saronson@higwhitehorse.com
or
Joyson Thomas
WhiteHorse Finance, Inc.
305-379-2322
jthomas@higwhitehorse.com
or
Robert Brinberg
Rose & Company
212-257-5932
whitehorse@roseandco.com
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SOURCE WhiteHorse Finance, Inc.
