Flat Rock Global hired Laurent Rimmen as managing director as part of the credit firm’s capital markets team.
Rimmen will specialize in marketing and client relations with institutional investors, registered investment advisors and family offices. Previously, he was a managing director at DFG Investment Advisers and prior to joining DFG in 2014 was founding partner at sales and distribution company Hybrid Financial.
Flat Rock currently offers two funds.
Flat Rock Capital Corp. offers financing solutions to U.S. middle market businesses investing in first lien, floating rate loans.
The Flat Rock Opportunity Fund invests in diversified pools of senior secured loans primarily through investments in the equity of CLOs. To a lesser extent, the award-winning fund invests in junior debt tranches of CLOs. The fund is also structured as an interval fund.
“Laurent’s extensive experience with alternative credit solutions makes him a great resource for our shareholders,” said Bob Grunewald, CEO of Flat Rock. “His relationships with both institutional investors and RIAs will certainly contribute to strengthening Flat Rock’s client relationships.”