He was promoted to the role of President in November 2018 and has served as Chief Investment Officer since 2011. Ms. Shive serves as a Trustee of Parks for Downtown Dallas. The groups past endeavors collectively focused on mixed-use community development projects in blighted areas, as well as luxury residential and upscale hotels in high barrier, urban/technology/resort markets. Aug 05, 2022, 10:00 a.m. Mr. Magdol also serves as the President and Chief Investment Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. He is a licensed real estate broker with NMLS endorsement, a licensed general contractor and holds numerous professional designations including Senior Business Analyst with SBA. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. RT=Real-Time, EOD=End of Day, In addition to its monthly dividend, MAIN has paid $4.29 in supplemental dividends, with 2 planned so far in 2022. MAIN earnings call for the period ending December 31, 2022. I have experience working across many sectors including . He is a member of the California Bar and Nevada Bar and has practiced in the fields of business, real estate, construction and syndication law. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Over nearly two decades, SNBI has invested and played key leadership roles in various public/private partnerships pursuing downtown neighborhood transformation. The company was created to combine the talents, experience, project pipelines, and relationships the three founders developed over the previous thirty years in community development, investment, and fund management. We provide one-stop capital solutions (private debt and private equity capital) to lower middle market companies and debt capital to middle market companies. Previously, he managed a portfolio of private equity investments for the McMullen Group, a private investment firm/family office capitalized by Dr. John J. McMullen, the former owner of the New Jersey Devils and the Houston Astros. The Rating Outlook on the Long-Term IDR is Stable. Mr. Morris is also responsible for originating and executing on new investments for the firm. 84.22% based on cash flow. The work included restoring numerous skylights throughout the building, refinishing the solid woodwork and wrought iron railings, as well . Prior to October 30, 2020, Main Street served as the Funds sub-adviser. SA NewsThu, Feb. 23 28 Comments. Prior to joining Main Street, Mr. Magdol was a Vice President in the investment banking group at Lazard Freres & Co. All Rights Reserved. As an undergraduate, Ms. Kronlokken was an analyst for the Baylor Angel Network a student driven, angel investment fund. This site is protected by hCaptcha and its. Renovation work at East High School was completed in December 2008. Our team has advised on over $30 billion in investment banking transactions. Dennis joined Main Street in 2008 and is responsible for sourcing investment opportunities, overseeing due diligence, structuring and negotiating transactions, portfolio management and investor relations. Mr. Fritz graduated summa cum laude from Liberty University receiving his Bachelors of Science in both Business Administration and Accountancy. Main Street ( www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle. Through our two business segments, we offer entrepreneurs, business owners, management teams and financial sponsors a number of advantages to help each business realize its full potential and generate wealth for its owners. MAIN is trading at an extreme valuation to its NAV, as its premium is 66.68%. By providing both debt and equity capital, we help entrepreneurs, business owners and management teams accomplish their goalswhether their goals are to achieve liquidity, to diversify their personal wealth, facilitate management buyouts and/or pursue growth and acquisition financing. It is a part of Columbus City Schools.It was originally constructed in 1922. From 2007 to October 2012, Mr. Griffin was a Managing Director of Fennebresque & Co., LLC, a boutique investment banking firm located in Charlotte, North Carolina. David Magdol is our President and Chief Investment Officer. HOUSTON, April 5, 2023 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment to facilitate the recapitalization of Infinity X1 LLC ("Infinity" or the "Company"), a leading supplier of portable lighting products. It has a population of 921,402 within the city proper, 1,457,018 in the urban area and 2,480,394 in the metropolitan area. Main Street Community Capital founders have led the development of more than $1 billion in new mixed-use and hotel projects in California, Texas, Florida, Iowa, Minnesota, New York, Arizona, and the Caribbean. All Rights Reserved. Main Street has $185 million of unsecured debt maturing in December 2022. For more information about Main Street, visit www.mainstcapital.com - however, the contents of Main Streets website are not and should not be deemed to be incorporated by reference herein. Main Street Capital, based in Houston, Texas, has helped over 200 private companies grow or transition by providing flexible private equity and debt capital solutions. The private loan portfolio, as a percentage . Mr. Lane joined Comfort Systems in October 2003 and served as Vice President and then Senior Vice President for Region One until he was named Executive Vice President and Chief Operating Officer in January 2009. in both Accounting and Finance from Trinity University. The cookie is used to store the user consent for the cookies in the category "Analytics". Mr. Morris responsibilities include assisting in the management a portfolio of Lower Middle Market investments where he is an active board member and assists those companies with various strategic initiatives, capital raises and M&A activity. Matt Fritz is an Analyst on Main Streets Lower Middle Market team and has been with the firm in various roles since 2021. Mr. Desai was a Summer Analyst with Main Street in 2021 and also completed internships with Charles Schwab and Westlake Securities. Vincent Foster is our Executive Chairman and the Chairman of our Board of Directors. Mr. Jackson also served as Hanovers President and Chief Executive Officer from October 2004 to August 2007 and as Chief Financial Officer from January 2002 to October 2004. CEO. Mr. Morris also serves as the Executive Vice President, Chief Financial Officer and Chief Operating Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional". The decline in MAIN's share price has pushed its yield above 7%. These cookies ensure basic functionalities and security features of the website, anonymously. Main Street Capital Corporation (MSCC) is a principal investment firm, which is primarily focused on providing customized debt and equity financing to lower middle market (LMM) companies and debt . Becca Smith is an Analyst on Main Streets Lower Middle Market team. Mr. Beauvais has served as General Counsel and Secretary since joining the firm in 2008, as Chief Compliance Officer since 2012 and as Executive Vice President since 2021. Main Street Management Efficiency Main Street Capital has return on total asset (ROA) of 0.0494 % which means that it generated profit of $0.0494 on every $100 spent on asset. Mr. Beauvais also serves as Executive Vice President, General Counsel, Chief Compliance Officer and Secretary of MSC Income Fund, Inc., a business development company (BDC) that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. The Fund's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies. Feb 24, 2023, 10:00 a.m. Ms. Shive has served on the boards of directors of Kimberly-Clark Corporation (NYSE: KMB), a global manufacturer of branded tissue and personal care products, since May 2019, and Trinity Industries, Inc. (NYSE: TRN), a leading provider of rail transportation products and services in North America, since March 2014, and DallasNews Corporation (NYSE: DALN), the leading local news and information publishing company in Texas, since September 2021. The Fund's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main St Business Capital management is committed to uphold the highest standards of professionalism for all team members and customers. Mr. Arreola is also responsible for managing a portfolio of Lower Middle Market investments and assists those companies with various strategic initiatives, capital raises and M&A activity. Mr. Magdol also serves as the President and Chief Investment Officer of MSC Income Fund, Inc., a business development company that is managed by MSC Adviser I, LLC, our wholly owned portfolio company and a registered investment adviser. Bob is known nationally for his expertise and advocacy of various Federal, State, and local developer incentive tools and complex deal structures related to Historic Preservation Credits, Low-Income Census Tract Investment (NMTC, etc. Mr. Foster has served as the Chairman of our Board of Directors since our IPO in 2007. in Physics Assuming those notes were refinanced with secured borrowings, the unsecured funding . Following a successful career as a Senior Partner at Accenture, Bob left to pursue his architectural passions by developing historic preservation and sustainable building projects through his company, Sustainable Neighborhood Builders (SNBI). Dickinson School of Law of the Pennsylvania State University - J.D. Prior to joining Main Street, Ms. Seatter worked for Ernst & Young as a Senior in their Assurance group. (Click Photo for Bio) Paul J. Kilgallon, Managing Partner Peter B. Tonon, Sr., Partner David A. Warren, Partner Joseph A. DiMario, Partner Tamar Z. Jacobs, Partner Abe Ibrahim, Controller Bea Green, Admin.