RADNOR, PA — LBC Credit Partners, a leading provider of financing solutions to middle-market companies, has promoted veteran Homyar Choksi to the role of Deputy Chief Investment Officer. The promotion comes amid a flurry of activity for LBC as the firm engages with a robust deal pipeline across various sectors.
Based in LBC’s Radnor, Pennsylvania headquarters, Choksi will continue to serve on the firm’s Investment Committee and lead the originations team, while assuming additional investment responsibilities.
Choksi’s promotion underscores his significant contributions to LBC’s growth and reflects the firm’s commitment to nurturing talent from within. With three decades of experience in middle-market leveraged lending transactions, Choksi brings an invaluable depth of knowledge to his new role.
“Homyar is an incredibly experienced, thoughtful, and creative investment professional who has deep relationships within the private equity and direct lending communities,” said John Brignola, Senior Managing Partner of LBC. “His well-deserved promotion speaks to his contributions to LBC’s platform and growth as well as our commitment to developing and elevating talent from within the firm.”
Choksi’s extensive career includes positions as a Managing Director at GE Capital Corporate Lending and a stint with GE Capital Corporate Audit Group. His financial acumen spans senior and junior debt, and preferred and common equity, across a broad spectrum of industries.
The newly-minted Deputy CIO expressed optimism about the future, highlighting the promising investment opportunities that the current interest rate environment presents. “We see very good investment opportunities for our strategy in the current interest rate environment, and I look forward to continuing to work closely alongside John and the rest of our experienced team,” said Choksi.
His appointment comes on the heels of a busy start to 2024 for LBC. The firm recently provided a senior secured credit facility to support Ambient Enterprises’ refinancing efforts and growth initiatives, as well as debt financing to bolster Legacy Partners’ merger with Southern Roofing and Renovations.
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