TCW Group adds Dobies as TCW Direct Lending Group managing director

By Tali Rackner

Minneapolis, Jan. 27 - TCW Group announced in a press release that David Dobies has joined the firm as a managing director in the TCW Direct Lending Group.

Dobies will be responsible for origination, due diligence review, structuring and execution of new investments and ongoing management of portfolio companies. He will be based in Boston and report to Rick Miller, group managing director and head of the direct lending business.

"Dave comes with significant experience in deal sourcing and creating customized financing solutions for middle-market companies," Miller said in the release.

Prior to joining TCW, Dobies was a founding partner, member of the management committee and co-head of middle-market leveraged finance at NewStar Financial, Inc. Previously, he worked at FleetBoston Financial Corp. and its predecessor institutions, where he was responsible for managing the media, entertainment and sports finance syndication businesses.

TCW is a Los Angeles-based asset management firm that specializes in fixed-income, world equity and alternative markets. TCW Direct Lending Group is a senior secured lender that provides debt capital to middle-market companies for leveraged buyouts, refinancings, acquisitions, general growth, liquidity and recapitalizations.

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