Solar Senior Capital acquires Gemino Healthcare Finance
Solar Senior Capital Ltd. has acquired Philadelphia-based Gemino Healthcare Finance.
Gemino will retain its name and operate independently. Its senior management team will continue providing leadership under the direction of Tom Schneider. Mark O'Brien and Stacy Allen have been named executive vice president of Business Development and Underwriting and executive vice president of Portfolio Management and Operations, respectively. Gemino's CFO, Mark Roscioli, will also continue in his role.
Gemino currently has more than 30 clients and approximately $162 million in outstanding loan commitments. Klehr Harrison Harvey Branzburg LLP acted as legal advisors for Gemino.