This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Gordon Brothers Group Names Patrick J. Dalton President Of Debt Investment Group

BOSTON, Sept. 6, 2012 /PRNewswire/ -- Gordon Brothers Group announced today that Patrick J. Dalton has joined its investment management affiliate, GB Merchant Partners, as President of the Debt Investment Group. Mr. Dalton's primary focus will be to provide leadership and industry expertise to substantially grow GB Merchant Partners' private market debt business. Mr. Dalton is succeeding Judy Mencher who is leaving due to personal reasons.

Prior to joining Gordon Brothers Group, Mr. Dalton was President & Chief Operating Officer and Chief Investment Officer at Apollo Investment Corporation (NASDAQ: AINV). His contributions were instrumental in the development and growth of the Apollo Investment Corporation which has made over $8.6 billion of investments across 165 portfolio companies since its inception in 2004. As President & Chief Operating Officer, he worked closely with the firm's executive team on the day-to-day management of this publicly listed company including portfolio management, business and strategic planning, corporate governance, investor relations, capital structure management, staffing, portfolio valuation and fundraising. Earlier in his career, he served as a vice president of Goldman Sachs & Co.'s GS Mezzanine Funds. Prior to this, he was a vice president at Chase Securities, Inc. and The Chase Manhattan Bank, N.A. He holds an MBA from Columbia Business School and a BS in Finance from Boston College.

"We are thrilled to welcome to Gordon Brothers such an accomplished investor with the depth and breadth of Patrick's management experience to lead our debt platform. As we focus on continuing to grow and deliver to our investors results that are consistent with our historical performance, we are equally excited about the added origination capability and superior credit skills that Patrick brings to our team," stated Gary Talarico, President & Chief Executive Officer of Gordon Brothers Group. "We also would like to thank Judy Mencher for her successful leadership of our debt business and are happy to have her continued involvement as an investor."

Gordon Brothers Group made its first debt investment in 1993 and has steadily grown its portfolio over the years. Gordon Brothers generally makes junior secured loans, "Tranche B" loans or enterprise value loans to both private and public middle-market companies. Loans are typically used by borrowers for working capital, to fund long-term growth, to execute an acquisition or to facilitate a turnaround.

"Joining Gordon Brothers Group in this capacity offers the unique opportunity to leverage the full resources of an established and well respected firm in order to position one of its key business units for continued growth and success," said Patrick Dalton. "I look forward to joining this talented and dedicated team of professionals. The Debt Investment Group has put together an impressive six-year track record of providing over $1 billion of creative capital solutions to corporate clients and financial sponsors across various market cycles while achieving impressive returns for its investors. We will continue to build upon our current relationships and foster new ones by offering custom tailored financing solutions to meet the individual needs of our clients."

About Gordon Brothers GroupFounded in 1903, Gordon Brothers Group ( www.gordonbrothers.com) is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial, and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, appraising assets, providing debt financing, making private equity investments, and operating businesses for extended periods. Gordon Brothers Group conducted over $50 billion worth of transactions and appraisals in 2011.

About GB Merchant Partners The Debt Investment Group of GB Merchant Partners ( www.gbmerchantpartners.com), the investment management affiliate of Gordon Brothers Group, originates, structures and invests in private market debt. Structured debt investments in the form of senior, unitranche, second lien or mezzanine loans ranging from $10 to $50 million are made to middle-market companies in need of capital to effect strategic change. Target industries include aerospace, automotive, commodities, consumer products, forest products, gaming, industrial equipment, manufacturing, real estate, restaurants, retail, and wholesale/distribution.

SOURCE Gordon Brothers Group

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,001.22 -38.27 -0.22%
S&P 500 1,988.40 -3.97 -0.20%
NASDAQ 4,538.5510 +6.4470 0.14%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs