Mid-market commercial direct lender Newstar Financial is losing one of its founding members and a key figure in establishing its multi-faceted securitization platform with the announced retirement of treasurer and asset management head John Frishkopf.

John Frischkopf is retiring effective Sept. 30, but will remain with the company in an external advisory role. His departure comes just two months after the retirement of another of company founder, chief investment officer and board member Peter Schmidt-Fellner.

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