Portman Ridge Finance Company Names Jason T. Roos As Chief Financial Officer
NEW YORK, Jan. 12, 2021 (World NEWSWIRE) — Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”), a business development corporation, these days announced that its Chief Monetary Officer (CFO) and Treasurer, Edward (Ted) Gilpin, has communicated his designs to retire and that Jason T. Roos will thrive him as the Company’s CFO, effective March 1, 2021. Mr. Gilpin will keep on being with the Organization as a result of March 1, 2021 to make certain a sleek changeover.
“It’s been my satisfaction and privilege to serve as Portman Ridge’s CFO and be part of the Company’s transformation by its mergers with OHA Financial commitment Corp., Garrison Capital Inc., and the most new agreement to merge with Harvest Cash Credit score Company,” reported Mr. Gilpin. “Portman Ridge’s powerful fiscal and aggressive positions, and its management by Sierra Crest Investment Administration, LLC, an affiliate of BC Partners LLP, make me self-assured of the Company’s prospective clients for ongoing achievement.”
“Ted turned CFO in 2012 when Portman Ridge was internally managed as KCAP Money, Inc. and has been a must have in the progress and execution of our company procedures,” said Ted Goldthorpe, Main Govt Officer of Portman Ridge. “During this time, he designed a gifted economical and accounting workforce. I want to thank Ted for becoming a trusted advisor and business enterprise husband or wife, and for his management and particular dedication for the duration of his time at Portman Ridge.”
“As we carry on to expand and execute on our strategic eyesight, Jason’s several years of experience in senior economic leadership roles will be integral to the Portman Ridge management crew in 2021 and past,” commented Mr. Goldthorpe.
Mr. Roos joined BC Companions LLP in May possibly 2020 and delivers nearly 20 decades of experience in fiscal roles, most a short while ago as Credit history Solution CFO, the place he is responsible for the integrity and precision of fiscal reporting and the all round manage surroundings of the credit business enterprise. Prior to becoming a member of BC Partners, Mr. Roos served in numerous roles with Wells Fargo & Firm from 2011 to 2020, which includes serving as Controller for Wells Fargo’s investment lender and institutional broker vendor, Wells Fargo Securities. Prior to that, from 2002 to 2011, Mr. Roos furnished audit and advisory expert services to monetary establishments at PricewaterhouseCoopers LLP. Mr. Roos gained his B.A. in accounting and finance from the University of Northern Iowa and is a Licensed General public Accountant registered in New York, Iowa, and Minnesota.
About Portman Ridge Finance Corporation
Portman Ridge Finance Corporation (NASDAQ: PTMN) is a publicly traded, externally managed expense enterprise that has elected to be regulated as a enterprise enhancement organization under the Investment decision Business Act of 1940. Portman Ridge’s center industry financial investment business enterprise originates, structures, funds and manages a portfolio of expression financial loans, mezzanine investments and selected equity securities in middle marketplace businesses. Portman Ridge’s investment pursuits are managed by its investment decision adviser, Sierra Crest Expenditure Management LLC, an affiliate of BC Companions Advisors, LP.
Portman Ridge’s filings with the Securities and Exchange Fee (the “SEC”), earnings releases, press releases and other monetary, operational and governance information are out there on the Firm’s web site at www.portmanridge.com.
Cautionary Statement Relating to Ahead-Seeking Statements
This push launch contains ahead-searching statements. The issues talked about in this push launch, as perfectly as in foreseeable future oral and composed statements by management of Portman Ridge Finance Company, that are forward-wanting statements are primarily based on latest administration expectations that include considerable pitfalls and uncertainties which could result in actual final results to differ materially from the results expressed in, or implied by, these forward-searching statements.
Ahead-hunting statements relate to long run activities or our long run monetary functionality and contain, but are not limited to, projected monetary general performance, anticipated growth of the company, options and anticipations about future investments and the long term liquidity of the Organization. We frequently identify ahead-on the lookout statements by terminology this sort of as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “outlook”, “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other related words. Ahead-wanting statements are based mostly on recent strategies, estimates and anticipations that are subject to risks, uncertainties and assumptions. Should a single or much more of these dangers or uncertainties materialize, or should really fundamental assumptions confirm to be incorrect, genuine benefits may possibly vary materially from these indicated or predicted by these kinds of forward-seeking statements. We do not undertake to publicly update or revise any forward-wanting statements, whether or not as a result of new details, long term situations or if not, besides as required to be claimed below the procedures and regulations of the SEC.
Contacts:
Portman Ridge Finance Corporation
650 Madison Avenue, 23rd flooring
New York, NY 10022
[email protected]
Jason Roos
[email protected]
(212) 891-2880
Jeehae Linford
The Equity Group Inc.
[email protected]
(212) 836-9615
