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Wingspire Capital Hires David Phillips as Managing Director

April 13, 2020

ATLANTA – April 6, 2020 – Wingspire Capital Holdings (“Wingspire” or the “Firm”) today announced that David Phillips has joined the Firm as Managing Director in the Atlanta office. In this role, Mr. Phillips will be responsible for business development activities in the Southeast and Texas. Mr. Phillips brings to Wingspire over three decades of origination and business development experience in asset-based lending.

“David is a great addition to our team,” said David Wisen, Chief Executive Officer of Wingspire. “His deep sector and origination expertise, combined with his strong customer focus and relationships, will be invaluable as we deliver creative and versatile senior credit solutions to new and existing middle market clients across an important region for the firm.”

Mr. Phillips has held senior leadership roles at several finance companies in his career including Wells Fargo Capital Finance (Foothill), CIT Business Credit, Alostar Capital Finance and Heller Financial, and has been responsible for sourcing new deals across various industry verticals, including Specialty Finance and Retail Finance.

 

About Wingspire Capital

Wingspire Capital is a middle market focused specialty finance firm that provides senior secured debt solutions. With offices in New York and Atlanta, Wingspire offers thoughtfully structured revolving credit lines and term loans ranging in size from $20 to $200 million. Its products include traditional ABL facilities, machinery and equipment term loans, real estate term loans, first-in/last-out (“FILO”) tranches, cash flow term loans and opportunistic / bridge financings. Wingspire’s customers are public and private businesses in an array of industries, including manufacturing, distribution, retail, logistics, automotive, energy, consumer products, hospitality and business services.

Wingspire is a portfolio company of Owl Rock Capital Corporation (NYSE: ORCC). ORCC is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser. Owl Rock Capital Advisors LLC, together with its affiliates, is a New York based direct lending platform with approximately $16.4 billion of assets under management as of December 31, 2019.