TPG Specialty Lending, Inc. Appoints Ian Simmonds as Chief Financial Officer

News Release

Printer Friendly Version View printer-friendly version
Back
TPG Specialty Lending, Inc. Appoints Ian Simmonds as Chief Financial Officer

NEW YORK--(BUSINESS WIRE)--Nov. 4, 2015-- TPG Specialty Lending, Inc. (NYSE:TSLX) (“TSLX” or “the Company”) announced today that Ian Simmonds will join the Company as Chief Financial Officer, effective November 30, 2015. Mr. Simmonds will succeed the Company’s Chief Operating Officer, Bob Ollwerther, who has assumed the role of Chief Financial Officer on an interim basis.

“We have had the pleasure of working with Ian over the past few years and believe that in joining as CFO, he will further strengthen our already strong executive bench,” said Mike Fishman, Co-Chief Executive Officer of TSLX. “We believe that Ian will be a valuable leader for our business given his deep accounting and financial experience, combined with his demonstrated leadership and capital markets acumen. We are confident that Ian will build upon the culture of excellence and strong financial policies that have been the foundation of our business since inception.”

A Chartered Accountant, Mr. Simmonds brings over 20 years of experience in accounting, finance, and asset management to the position. Before joining TSLX, Mr. Simmonds spent over 10 years at Bank of America Merrill Lynch where he was most recently a Managing Director in the Financial Institutions Group, including as an advisor to TSLX for the past three years in that capacity. Mr. Simmonds received a Bachelor of Commerce from The University of New South Wales, a Master of Applied Finance from Macquarie University and an MBA from University of Pennsylvania’s Wharton School.

About TPG Specialty Lending

TSLX is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income primarily in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities. The Company has elected to be regulated as a business development company, or a BDC, under the Investment Company Act of 1940 and the rules and regulations promulgated thereunder. TSLX is externally managed by TSL Advisers, LLC, a Securities and Exchange Commission (“SEC”) registered investment adviser. TSLX leverages the deep investment, sector, and operating resources of TPG Special Situations Partners, the dedicated special situations and credit platform of TPG, with over $12 billion of assets under management, and the broader TPG platform, a global private investment firm with over $74 billion of assets under management. For more information, visit the Company’s website at www.tpgspecialtylending.com.

Forward-Looking Statements

Statements included herein may constitute “forward-looking statements,” which relate to future events or the Company’s future performance or financial condition. These statements are not guarantees of future performance, conditions or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Company’s filings with the Securities and Exchange Commission. The Company assumes no obligation to update any such forward-looking statements. TSLX undertakes no duty to update any forward-looking statements made herein.

Source: TPG Specialty Lending, Inc.

TPG Specialty Lending, Inc.
Investor Relations:
212–601-4753 or 212-430-4119
IRTSL@tpg.com
or
Media:
Luke Barrett, 212-601-4752
lbarrett@tpg.com
or
Owen Blicksilver PR, Inc.
Jennifer Hurson, 845-507-0571
jennifer@blicksilverpr.com

Disclaimer

Archived presentations on our website describing the financial performance of TPG Specialty Lending, Inc. are furnished for historical purposes only. The information provided in any such presentation is as of the date of that particular presentation. Our business, financial condition, results of operations and prospects may have changed since the date of any such presentation. The presentations archived on our website might include forward-looking statements and projections, and we ask that you refer to our most recent SEC filings for important factors that could cause actual results to differ materially from these projections. To obtain copies of our latest SEC filings, please click here. TPG Specialty Lending, Inc. has no obligation to update the forward-looking statements contained herein.

I understand and accept the disclaimer and want to view the presentations

I do not accept the disclaimer