NewStar adds leveraged finance group managing director Paul Horton

By Tali Rackner

Norfolk, Va., April 2 – NewStar Financial, Inc. has hired Paul Horton as a managing director in its leveraged finance group, according to a press release.

Based in the company’s Darien, Conn., office, Horton will be responsible for generating new financing opportunities with mid-sized companies, private equity firms and other investors in the middle market.

Horton “will add to our coverage of key markets," chief executive officer Tim Conway said in the release. "He also has valuable credit and junior debt transaction execution experience combined with a sophisticated view of the markets.”

Horton has 24 years of experience originating and structuring debt financings for middle-market companies backed by private equity firms.

Prior to joining NewStar, he was a managing director at RBS Citizens, where he was responsible for originating and executing senior debt capital transactions as a senior member of its financial sponsors group.

Prior to that, he worked for Arrowhead Mezzanine LLC, and before that, he worked at Royal Bank of Scotland, Heller Financial and Gleacher NatWest in a variety of roles, including leading sponsor coverage and restructuring teams.

NewStar is a Boston-based middle-market commercial lender.

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