– USA, NY – Sixth Street Specialty Lending, Inc. (NYSE: TSLX) today announced the appointment of Ms. Pem Covington to its Board of Directors effective on July 10, 2023, bringing the board to ten members, of whom six are not interested persons.
Ms. Covington has also joined the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee.
About P. Emery Covington
Ms. Covington retired as an EVP and Head of Commercial Credit Risk at Truist Bank (formerly SunTrust Bank), leading a credit execution team from 2009 through 2020 spanning a diversified exposure of businesses across the SunTrust footprint. She also served as a member of the Senior Credit Committee. Before joining SunTrust, Ms. Covington was a Managing Director at NewStar Financial from 2004, creating the Portfolio Management platform. Before joining NewStar Financial, Ms. Covington served in various leadership and credit-oriented roles at Fleet Boston Financial Group for over 24 years, most recently as EVP. Ms. Covington began her career as part of the Corporate Bank loan officer and management training program at Chemical Bank.
Pem Easterly said, “We believe the quality of our Board differentiates our business and benefits our shareholders. Since 2018, through the ongoing leadership of our Nominating and Corporate Governance Committee, we have doubled the size of the TSLX Board and added highly qualified candidates who bring new and diverse experience to our Board.”
Ms. Covington holds an A.B. in English (cum laude with Honors) from Smith College. She previously served on the Board of Risk Management Associates, including as Chair of the Professional Development Council and the Specialized Lending Council, and on the Board of the Women and Infants Foundation Board in Providence, Rhode Island.
About Sixth Street Specialty Lending, Inc.
Sixth Street Specialty Lending, Inc. is a specialty finance company focused on lending to middle-market companies. The Company seeks to generate current income primarily in U.S.-domiciled middle-market companies through direct originations of senior secured loans and, to a lesser extent, originations of mezzanine loans and investments in corporate bonds and equity securities. The Company has elected to be regulated as a business development company, or a BDC, under the Investment Company Act of 1940 and the rules and regulations promulgated thereunder. The Company is externally managed by Sixth Street Specialty Lending Advisers, LLC, an affiliate of Sixth Street and an SEC-registered investment adviser. The Company leverages the deep investment, sector, and operating resources of Sixth Street, a global investment firm with over $65 billion in assets under management as of March 31, 2023.
For more information: https://sixthstreetspecialtylending.com/
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