Mesirow Expands Alternative Credit Team Following Bastion Acquisition

25 March 2025 | Tuesday | News

With three strategic hires bringing deep expertise in specialty finance, client relations, and asset management, Mesirow strengthens its commitment to delivering differentiated alternative investment solutions for institutional and high-net-worth investors.
Mesirow Expands Alternative Credit Team with Three Strategic Hires | L to R: Nicholas Paidas, Servia Rindfleish, and Bryce Labonski

Mesirow Expands Alternative Credit Team with Three Strategic Hires | L to R: Nicholas Paidas, Servia Rindfleish, and Bryce Labonski

  • Investment in team follows Mesirow's December 2024 acquisition of Bastion Management, now operating as Mesirow Alternative Credit.
  • New hires bring deep expertise in asset-backed specialty finance, deal origination, structuring, strategic partnerships and client relationship management.
  • Mesirow continues to expand its differentiated alternative investment solutions for institutional and high-net-worth investors.

Mesirow, an independent, employee-owned financial services firm, is pleased to announce the expansion of its Alternative Credit team with three strategic hires. This growth reinforces Mesirow's commitment to providing institutional and high-net-worth investors with an increasing number of differentiated alternative investment offerings.

The new hires follow Mesirow's December 2024 acquisition of Bastion Management, a leading asset-backed lender now operating as Mesirow Alternative Credit:

 

  • Nicholas Paidas joins as Director, Capital Markets and Sourcing, leading efforts in deal origination, structuring, and strategic partnerships. He brings extensive experience in capital markets, having previously held senior roles at Yieldstreet and Mission Capital Advisors, where he specialized in Private Credit and Specialty Finance structuring, underwriting, and originations.
  • Servia Rindfleish has been appointed Client Portfolio Manager, leveraging 14 years of investment management experience. In this role, she will drive business development efforts, focusing on building and strengthening partnerships with existing and prospective clients, LPs, consultants and other investor classes.
  • Bryce Labonski joins as Associate, Asset Management, bringing expertise in portfolio monitoring and unit economic modeling. 

"We are pleased to welcome Nicholas, Servia and Bryce to the team," said Jay Braden, CEO and Co-Chief Investment Officer of Mesirow Alternative Credit. "We look forward to their contributions as we continue to offer clients strong return potential and top-tier client service."

Since its inception in 2013, the Alternative Credit team has successfully closed over 50 transactions, committing more than $2 billion to both traditional consumer lending platforms and emerging fintech companies. Under the leadership of Jay BradenTim JoyceCo-Chief Investment Officer; and Tim Reimink, Head of Asset Management, the Alternative Credit team will continue to provide creative solutions to small and mid-sized businesses in the alternative finance space across North America and the UK.

Beyond Alternative Credit, Mesirow remains focused on its established Private Capital and Currency platform, which includes Mesirow Currency ManagementMesirow Private Equity and Mesirow Institutional Real Estate Direct Investments. Additionally, the firm continues to grow its wealth management, fiduciary services, and capital markets/investment banking offerings.

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