ABACUS FINANCE SURPASSES $500 MILLION IN NEW LOAN COMMITMENTS
Expands Investment Team 


New York, NY September 16, 2014 - Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it has closed over $500 million in new loan commitments since its launch in June of 2011. Abacus also announced today that it has added four new investment professionals this year.

“When we set out to build a sponsor-focused leveraged lending business for the lower-middle market, we knew the demand was there but never expected success to come this quickly,” said Tim Clifford, President and CEO of Abacus. “In addition to our exclusive focus on financing smaller buyouts, among the principal factors contributing to our growth and reputation as a go-to partner is that we lead virtually all of our transactions and often take equity co-investment positions alongside the sponsors we serve. A passionate commitment to serving our clients and delivering on what we promise is at the core of our Total Partnership Approach."

  • Aized Rabbani, Senior Vice President
  • Brian Green, Associate
  • Rafal Rydzewski, Analyst
  • Joseph Lee, Analyst

Mr. Rabbani joined Abacus as a Senior Vice President on the investment team, responsible for originating, structuring, underwriting and executing new investments. Previously, he was an Executive Director at J.P. Morgan in the investment banking Corporate Credit group. Earlier he was a Vice President in the JPMorgan Mezzanine Capital group and an Associate in the Leveraged Finance Group at J.P. Morgan. Mr. Rabbani began his career with General Electric’s management program followed by technology roles at MicroStrategy. He earned an MBA from the Wharton School of Business at the University of Pennsylvania and a BS in electrical engineering with a minor in math at Lafayette College.

Before joining Abacus, Mr. Green served as an Associate at both Aterian Investment Partners and Wafra Partners and held an analyst position at Sawaya Segalas, a boutique investment bank. He began his career as a consultant at FTI Consulting in the Corporate Finance and Restructuring Group after earning a BA cum laude in economics from Georgetown University.

Mr. Rydzewski, who was previously an Analyst at BNP Paribas' Merchant Banking Group, began his career with PricewaterhouseCoopers’ Global Structuring team as an Associate. He earned a BS in financial economics, graduating magna cum laude from Binghamton University and he is a CFA charterholder.

Prior to coming to Abacus, Mr. Lee was an Analyst at GE Capital. After earning a BS in accountancy and finance from the University of Illinois at Urbana-Champaign, he started his career at General Electric in the Financial Management Program.

Mr. Green, Mr. Rydzewski and Mr. Lee all work as part of the investment team structuring, underwriting, and executing new investments. They also perform various roles in portfolio monitoring and valuation.

About Abacus Finance Group, LLC

Abacus Finance is a direct specialty lending company, focused on providing cash flow senior financing to private equity-sponsored, lower-middle market companies nationwide. Formed in June 2011, Abacus targets debt financing opportunities of up to $50 million with a typical hold size ranging from $10 million to $25 million, and finances companies with EBITDA between $3 million and $15 million. Abacus is an affiliate of New York Private Bank & Trust, the holding company for Emigrant Bank, which was founded in 1850.

Abacus Finance is headquartered at 6 East 43rd Street, 20th Floor, New York, NY 10017. All inquiries and new investment opportunities should be directed to Tim Clifford at 212-850-4620 or to cliffordt@abacusfinance.com. Visit abacusfinance.com for more information.

The Total Partnership Approach, which is a registered trademark of Abacus Finance, LLC, brings cash-flow financing expertise, industry knowledge and exceptional client service over the lifecycle of each investment.