MCLEAN, Va., Oct. 15, 2014 (GLOBE NEWSWIRE) -- Gladstone Capital Corporation (Nasdaq:GLAD) (the "Company") reported today that Zoltan Berty has joined the Company as a Managing Director in our Los Angeles office and will lead our West Coast efforts focusing on originating debt investments in privately held companies. Prior to joining the Company, Mr. Berty was a Principal at Caltius Mezzanine, a mezzanine fund focused on junior capital and minority equity investments in middle market companies. Prior to this, Mr. Berty was a Vice President at D. E. Shaw Direct Capital, where he was responsible for originating new investment opportunities across all levels of the capital structure, including senior debt, mezzanine and equity. Previously, Mr. Berty was a Director at CapitalSource and focused on senior and subordinated debt investment to support buyout and recapitalization transactions. Mr. Berty's earlier lending experience also includes credit management and underwriting positions at Transamerica Technology Finance and Fleet Capital Corporation. Mr. Berty received his B.S. in Accounting from the University of Southern California.
"With over 20 years of experience originating, structuring, and underwriting leveraged finance and mezzanine transactions for middle market borrowers, Zoltan is a natural fit for Gladstone's middle market focus and we are excited about him being a part of the team," said Bob Marcotte, President.
Gladstone Capital Corporation is a publicly traded business development company that invests in debt and equity securities consisting primarily of senior, second lien, and senior subordinate term loans in small and medium sized businesses in the United States. The Company has paid 132 consecutive monthly cash distributions on its common stock. Prior to paying distributions on a monthly basis, the Company paid 8 consecutive quarterly cash distributions. The Company has never skipped a monthly distribution since inception, over 13 years ago. Information on the business activities of all the Gladstone funds can be found at www.gladstonecompanies.com.
For Investor Relations inquiries related to any of the monthly dividend paying Gladstone funds, please visit www.gladstone.com.
CONTACT: Gladstone Commercial Corporation: +1-703-287-5893
Source:Gladstone Capital Corporation