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Fifth Street Senior Floating Rate appoints CEO

Fifth StreetFifth Street Senior Floating Rate Corp., a specialty finance company, appointed Patrick J. Dalton as chief executive officer and elected him as a member of the board from January 2, 2017.

Mr. Dalton is an accomplished investment management executive with over 25 years of investment and leadership experience.

Most recently, from 2012 to 2016, Mr. Dalton was the Founder, President and Chief Executive Officer of Gordon Brothers Finance Company (GBFC), a portfolio company of BlackRock Capital Corporation since October 2014.

Prior to joining GBFC, Mr. Dalton was with Apollo Global Management from 2004 to 2012 where he served as President and Chief Operating Officer of Apollo Investment Corporation from 2008 to 2012 and served as Chief Investment Officer of Apollo Investment Management from 2007 to 2012.

In addition to managing Apollo Investment Corporation, Mr. Dalton co-founded Apollo’s CLO platform, managed one of Apollo’s first Credit Opportunity Funds and was instrumental in founding Apollo’s European credit platform in 2006.

Earlier in his career, Mr. Dalton served as a Vice President of Goldman Sachs & Co.'s GS Mezzanine Funds and a Vice President at Chase Securities, Inc. and The Chase Manhattan Bank, N.A.

Mr. Dalton holds an MBA from Columbia Business School and a BS in Finance from Boston College. He was the founding sponsor for the Private Equity Mentorship Program at Columbia Business School.


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