Michael Cardello III Elected Chair Of The Commercial & Federal Litigation Section Of The NYSBA

July 29, 2024

ATLANTA – July 29, 2024 – Wingspire Capital LLC (“Wingspire”) announced today the expansion of its product mix with the creation of a dedicated Healthcare Finance capability that will offer a full suite of flexible capital solutions delivered with Wingspire’s trademark level of creativity, flexibility, responsiveness and professionalism.

Wingspire Healthcare Finance will offer the same suite of debt products that its clients and intermediaries have access to today, including asset-oriented revolvers, first-out revolvers and term loans.

Wingspire is also pleased to announce the hiring of Mark Klaassens in support of its healthcare initiative. Klaassens joins Wingspire following 20 years of experience within healthcare lending, including his most recent position as Senior Vice President and Head of Underwriting and Portfolio Management within Capital One’s Healthcare Asset Based Lending platform.

“Wingspire is determined to become a market leader in asset-oriented healthcare finance and is pleased to have Mark Klaassens join our team to help lead this effort,” said David Wisen, CEO and Co-Founder of Wingspire Capital. “The new healthcare finance platform enables Wingspire to offer additional creative loan solutions to meet the complex and evolving needs of the vast healthcare industry middle market.”

“We are excited to have Mark join the Wingspire team. He brings complementary subject-matter expertise, a strong background in risk management, and leadership skills to enable Wingspire to become a leading go-to provider for the middle market healthcare industry,” said James Garlick, Head of Wingspire Corporate Finance.

ABOUT WINGSPIRE CAPITAL

Wingspire Capital provides senior secured credit facilities of up to $200 million, and currently has over $1 billion in assets under management. It operates as two divisions: Wingspire Corporate Finance, which provides senior secured revolving lines of credit and term loans, and Wingspire Equipment Finance, which provides standalone equipment loans and leases.

Industries financed include automotive, business services, consumer products, distribution, e-commerce & retail, financial services, food & beverage, healthcare, industrial, transportation & logistics, and technology applications.

Wingspire Capital is a portfolio company of Blue Owl Capital Corporation (NYSE: OBDC). OBDC is externally managed by Blue Owl Credit Advisors LLC, an indirect affiliate of Blue Owl Capital, Inc. (NYSE: OWL). Blue Owl Capital, Inc. is a global alternative asset manager with over $174 billion of assets under management as of March 31, 2024. For further information about Wingspire Capital, visit www.wingspirecapital.com.