Kal serves as Co-Head of Sponsor Coverage at NXT Capital. In this role, he is responsible for co-leading the team that originates, structures, underwrites, and closes new transactions, as well as overseeing the ongoing monitoring of the originated loan portfolio. The team manages relationships with private equity sponsors across the U.S. In addition, he plays an active role in the strategic planning and broader marketing efforts of the Direct Lending Group. Kal is also a member of NXT Capital’s Credit and Investment Committees.
Kal brings over 25 years of corporate finance, lending, and private equity experience to NXT Capital. Prior to joining NXT Capital, Kal was a Director at Merrill Lynch Capital, where he originated, underwrote, and managed cash flow and asset-based financings for clients in the West and Midwest regions.
His experience also includes roles at middle-market private equity firm Ridge Capital Partners and Heller Financial’s Asset Based and Corporate Finance groups, as well as at Arthur Andersen and Newark Electronics.
Kal earned a B.S. in Finance from the University of Illinois and an M.B.A. from the University of Chicago Booth School of Business.