David Gibson has left Twin Brook Capital Partners, the middle-market direct-lending team of Angelo, Gordon & Co, after a year.
He is rejoining Goldman Sachs Specialty Lending Group, a Goldman spokesman confirmed.
Gibson joined Twin Brook in May 2015 and was a partner, his Linkedin profile said. Before Twin Brook, Gibson spent nearly 11 years with Goldman’s Specialty Lending Group, where he was a director, the profile said.
Gibson left Twin Brook more than a month ago; the departure was amicable, a source familiar with the situation said.
Angelo Gordon launched Twin Brook in 2015. The parent, an investment firm that manages about $26 billion, lost one of its founders earlier this year. John Angelo died in January following a battle with cancer.
Since then, Angelo Gordon has experienced turnover including the exit of Lawrence Schloss, its president, in March.
Gibson’s departure from Twin Brook comes as two executives — Chris Martin and Peter Notter — are joining the middle-market lender, three sources familiar with the situation said. Earlier this month, Twin Brook closed on more than $870 million, including $596 million with its first fund and the rest in separate accounts, one of the sources said. Twin Brook’s platform now has more than $1.6 billion in capital, the source said.
Martin and Notter were directors at Madison Capital Funding, which operates as a unit of New York Life Insurance Co, the sources said.
Martin and Notter were both responsible for client-relationship management and new-business development at Madison, according to older versions of the Madison Capital website. They are expected to start at Twin Brook on May 31, the source said.
Madison Capital could not be reached for comment.
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