NEW YORK, Nov. 16, 2015 (GLOBE NEWSWIRE) -- 36th Street Capital Partners LLC ("36th Street Capital"), an independent provider of flexible financing solutions for the equipment financing industry, announced the appointment of Gerard K. Kammerer as Chief Risk Officer effective immediately.
Mr. Kammerer will be responsible for all aspects of risk management for the firm, including underwriting, transaction structuring, residual management and portfolio analytics. He will also serve as a member of 36th Street Capital's investment committee and join the firm's senior leadership team.
Mr. Kammerer's credentials include over 25 years of industry experience with emphasis on credit and risk management of large leasing portfolios originated across small business, middle market and corporate enterprises. He joins 36th Street Capital from the CIT Group, having held multiple positions as a senior credit officer during his nearly 20 year tenure. Previously, he held credit officer positions of increasing responsibility with NCR Credit, AT&T Capital and MetLife Capital.
"We are very excited to have Gerry join 36th Street Capital as a key member of our executive team," said Kiran R. Kapur, Chief Executive Officer of 36th Street Capital. "I had the pleasure of working closely with Gerry during my time at CIT, gaining firsthand knowledge of his roll-up-the-sleeves approach to underwriting and risk management. His proven track record of successfully underwriting and managing outcomes for equipment financing portfolios makes him a great addition to our growing firm. Further, Gerry's expertise in middle-market storied credits will be instrumental in meeting the increasing demand we see in this market."
"Joining the 36th Street Capital team is a great opportunity to leverage my years of experience with this dynamically growing company," said Kammerer. "I am especially looking forward to being part of a leadership team that is committed to providing solutions that address the unmet needs for middle-market equipment financing."
About 36th Street Capital Partners, LLC
36th Street Capital Partners, LLC is an independent provider of flexible financing solutions for the equipment leasing industry. The firm brings alternative investment strategies and advisory services to middle-market clients through an informed perspective and operational know-how with years of experience in capital markets, equipment financing and diversified manufacturing. The 36th Street team has managed investment portfolios in excess of $3 billion in equipment cost and has structured, highly customized funding solutions and robust leasing programs for clients. www.36thstreetcapital.com
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