LBC Credit Partners Hires New Vice President in Deal Execution

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Mar 17, 2010, 11:00 ET

PHILADELPHIA, March 17 /PRNewswire/ -- LBC Credit Partners, a leading provider of financing solutions to middle market companies, today announced that John T. Jadach has been hired as a Vice President in the firm's Philadelphia office.

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John will be primarily responsible for executing new debt investments for LBC. He has more than fifteen years of experience in principal investment, investment banking, commercial lending, and corporate risk management. Prior to joining LBC, John was a Vice President with J.P. Morgan's principal investments group, focusing on mezzanine transactions. He spent the four years prior working with J.P. Morgan's syndicated and leveraged finance group.

Prior to J.P. Morgan, John worked in Wachovia's Financial Institutions Group. He began his career in the insurance brokerage industry working for Aon and Marsh & McLennan. John earned an MBA from the University of Pennsylvania, Wharton School of Business and his BA from Temple University.

"We're excited to have John join our team. He will add immediate value to our execution of new opportunities," said Chris Calabrese, a partner at LBC. "Further, he has joined us at a great time with our recent closing of LBC II, a $645 million fund."

LBC Credit Partners is a leading provider of middle market financing solutions including senior term, unitranche, second lien, junior secured, and mezzanine debt; and equity co-investments to companies with EBITDA generally greater than $10 million. LBC follows a long-term approach to investing adhering to a "lend and hold" strategy and typically invests $10 million to $50 million per transaction supporting acquisitions, growth strategies, refinancings, recapitalizations, and restructurings. LBC has more than $1 billion of capital under management and has made investments in a wide range of industries located throughout North America. For additional information please visit www.lbccredit.com or contact Chris Calabrese at 215-972-8901.

SOURCE LBC Credit Partners