Twin Brook Names Madison Capital's Schifer As Managing Director, Promotes Sheth To CFO

Aug 9 2017 | 9:03pm ET

Twin Brook Capital Partners, the middle-market direct lending unit of alternative investment manager Angelo, Gordon & Co., has named former Madison Capital Funding executive Timothy Schifer as managing director and promoted Vishal Sheth to the position of chief financial officer. 

Both Schifer and Sheth will be based in Chicago, according to the company. 

Schifer brings more than 25 years of lending experience in the middle-market to his new role at Twin Brook, having spent 14 years with Madison Capital Funding where he oversaw the firm’s loan and investment portfolio, served as underwriting deal team leader, new business and sponsor client relationship manager, and was a senior portfolio manager. 

Beforehand, Schifer financed middle-market, private equity-sponsored transactions at the leveraged finance units of Mercantile Bank and LaSalle Bank. 

Before being promoted to CFO, Sheth was a senior member of Angelo, Gordon’s finance and accounting team. He was involved in firm-wide business development, financial planning, and management reporting, and was instrumental in developing the accounting and finance functions for the Twin Brook platform. Prior to joining Angelo, Gordon in 2014, Mr. Sheth worked at Fortress Investments and PricewaterhouseCoopers. 

Twin Brook Capital Partners is a finance company focused on providing cash-flow based financing solutions for the middle-market private equity community. The company provides loans to private equity-owned companies with EBITDA between $3 million and $50 million, with an emphasis on companies with $25 million of EBITDA and below. Since inception in the fourth quarter of 2014, Twin Brook has acquired $5.6 billion of committed capital, closed 114 transactions and provided total arranged commitments of over $3.2 billion.

Headquartered in New York, Angelo, Gordon & Co. is a privately held limited partnership founded in November 1988. The firm currently manages approximately $28 billion with a primary focus on three core competencies – credit, real estate and private equity strategies. 


In Depth

Q&A: Portfolio Advisors' Brian Murphy On The Advantages of A Private Markets Platform

Jan 2 2018 | 11:05am ET

Most private markets firms reference their platforms as a source of competitive...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

Steinbrugge: The Top Hedge Fund Industry Trends for 2018

Jan 2 2018 | 12:22pm ET

Each year, Don Steinbrugge’s Agecroft Partners compiles the insights gained...