4th Dec 2018 17:09
LONDON (Alliance News) - Ranger Direct Lending Fund PLC said Tuesday it has appointed former CapitalSource Inc Chief Investment Officer Joe Kenary to its board.
Kenary has been appointed as a non-executive director of Ranger Direct, which is in the process of winding down, with immediate effect.
Kenary was the first employee of CapitalSource, a commercial finance business that became a publicly traded commercial bank.
In addition, Kenary was also a senior executive of Alliance Partners, a US-based asset manager.
"The board considers that his expertise will be invaluable as the company progresses with the realisation of its assets," Ranger Direct said.
Kenary has also been made a non-executive director of Ranger Direct Lending ZDP PLC.
Shares in Ranger Direct closed down 1.9% at 680.00 pence on Tuesday.
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