ORIX USA Announces Expansion of ORIX Leveraged Finance Team
April 23 2015 - 1:00PM
Business Wire
ORIX USA is pleased to announce the expansion of the ORIX
Leveraged Finance team, a principal investment business unit of the
financial services firm.
With more than 12 years of financial industry experience, Ben
Harris has joined the group as a Director based in New York focused
on business development. Prior to joining ORIX USA, Harris was with
Prospect Capital and has previously worked for the Sponsor Finance
unit of Bank of America Merrill Lynch and Arcapita’s private equity
group. He received a Bachelor of Science from University College
London and a Master of Business Administration from the University
of Chicago Booth School of Business.
Harris joins New York-based Managing Director Geoffrey Chang,
who was hired in October. Chang is responsible for originating and
executing investments. A 19-year veteran of the financial industry,
Chang was previously a Managing Director at Prospect Capital and,
before that, a founding member and Partner at both PennantPark
Investment Corporation and Audax Mezzanine. He graduated cum laude
with a Bachelor of Arts from Harvard University.
“We are pleased to augment the Leveraged Finance team by
launching a dedicated New York presence for our group,” said Ted
Thorp, Managing Director and Group Co-Head of ORIX Leveraged
Finance. “Geoffrey and Ben both have strong track records of
helping private equity groups and the companies they sponsor
achieve their investment objectives via well-constructed capital
structures, and we look forward to leveraging their relationships
and expertise.”
Since its inception in 2004, the group has closed over 300
financings, committing nearly $4 billion of ORIX USA’s proprietary
capital.
“ORIX Leveraged Finance is a key growth engine for the company
and has a long, successful track record of deploying capital within
the middle-market,” said Hideto Nishitani, Chairman and CEO of ORIX
USA. “We look forward to the contributions of both Geoffrey and Ben
in our efforts to widen the reach of our professionals and
financial products across the Americas.”
About ORIX Leveraged Finance
ORIX Leveraged Finance offers cash flow based debt and equity
capital to middle-market companies throughout North America. With
flexible investment structures ranging from $5 million to $50
million, ORIX Leveraged Finance underwrites growth financings,
recapitalizations, leveraged buyouts, acquisitions and more. ORIX
Leveraged Finance is a business unit of ORIX USA, a Dallas-based
financial services firm known for providing innovative capital
solutions that clients need to propel their business to the next
level. With more than 1,400 employees spanning seven primary
offices across the U.S. and Brazil, ORIX USA and its family of
companies hold $7 billion of assets and manage an additional $30
billion, approximately. Our parent company, ORIX Corporation, is a
Tokyo-based, publicly owned international financial services
company with operations in 36 countries and regions worldwide. ORIX
Corporation is listed on the Tokyo (8591) and New York Stock
Exchanges (IX). For more information on ORIX Leveraged Finance,
visit www.orix.com.
for ORIX USAAmanda Gleason,
972-770-5083agleason@marketwave.biz
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