Cascadia Capital, an independent middle-market investment bank, has added Carle Felton as a managing director as part of its launch of Cascadia’s capital markets advisory practice and its expansion into the Atlanta market.
Felton joins Cascadia from Goldman Sachs Private Credit and Hybrid Capital, where he served as a senior member of the team originating debt and equity investments for middle-market clients. Prior to Goldman Sachs, Felton held the role of director in leveraged finance at SunTrust Robinson Humphrey (now Truist) and before that, vice president of global sponsor finance at General Electric Corp. (now Antares Capital).
Under Felton’s leadership, the capital markets advisory practice will focus on sourcing flexible debt and equity for the firm’s sponsor and privately-held business clients. The firm’s expansion to Atlanta marks its geographic growth and works to anchor Cascadia’s presence in the southeast market.
“The strong lender and investor relationships Carle has cultivated over his more than 15 years working with private equity firms and private companies, in combination with Cascadia’s longstanding network and resources, will help ensure certainty of execution and market-best terms on behalf of our clients,” comments Scott Ames, Cascadia managing director.