June 8, 2021
BOSTON — June 3, 2021 — Wingspire Capital, a leading specialty finance firm focused on the middle market, is pleased to announce the hiring of Dave Turco as a Managing Director on its business development team. Turco is based in Boston and will assist in expanding Wingspire’s national presence by originating senior secured credit facilities for private and publicly traded companies in the Northeast.
Most recently, Turco worked as a Business Development Officer for Context Business Lending, where he engaged in marketing efforts and sourced asset-based loans for middle market borrowers to establish Context Business Lending’s presence throughout the Northeast and Midwest. Prior to that, he worked for AloStar Capital Finance where he originated ABL and Specialty Finance transactions for middle market borrowers in the Northeast. Before AloStar, Turco worked at GE Capital where he was responsible for sourcing asset-backed, leveraged cash flow, and unitranche transactions for middle market borrowers throughout the Midwest.
“We are thrilled to have Dave Turco join the Wingspire team,” said James Garlick, Head of Originations for Wingspire Capital. “We view him as a significant strategic asset in our go-to-market strategy, and believe that his high energy and expertise in devising creative asset-backed solutions will have an immediate impact and contribute to the continued success of our business.”
Turco is a graduate of Bowdoin College and received an MBA from the University of Virginia’s Darden School of Business. He is active in the Association for Corporate Growth, SFNet and the Turnaround Management Association.
About Wingspire Capital:
Wingspire Capital is a middle market-focused, specialty finance firm that provides asset-backed credit facilities to businesses across all industries. Wingspire Capital’s depth of experience across all debt products and industries enables the firm to be creative and flexible in their approach, and the lender of choice for companies across all stages of growth and complexity. The commitments for our credit facilities range in size from $20 to $200 million. Wingspire has offices in Atlanta, Boston, Chicago, and New York.
Additional information about Wingspire Capital can be found at www.wingspirecapital.com.
Wingspire Capital is a portfolio company of Owl Rock Capital Corporation (NYSE: ORCC), which is externally managed by Owl Rock Capital Advisors LLC, an SEC-registered investment adviser. Owl Rock is a division of Blue Owl Capital, an alternative asset manager with approximately $52.5 billion of assets under management as of March 31, 2021.