Texas Capital Announces Private Credit Strategy

August 6, 2024

https://www.globenewswire.com/news-release/2024/08/05/2924299/25908/en/Texas-Capital-Announces-Private-Credit-Strategy.html

Tim Laczkowski Appointed to Lead Texas Capital’s Inaugural Direct Lending Fund

DALLAS, Aug. 05, 2024 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ:TCBI), the parent company of Texas Capital, today announced the launch of its Texas Capital Direct Lending (“TCDL”) platform. Focused on providing non-bank private capital to the middle market, TCDL will form an integral part of Texas Capital’s Corporate & Investment Bank and will enable Texas Capital clients and prospects to access a wider array of capital solutions. Texas Capital expects TCDL to focus on senior secured floating rate term loans targeting Texas-based middle market companies and private equity sponsors.

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