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Capitala Group opens office in New York

Capitala Group has opened an office in Midtown Manhattan in New York, the company's sixth in the U.S.

Additionally, the company announced the hiring of Kelly Stotler as director. He will focus on sourcing, executing and monitoring new transactions for Capitala.

Stotler most recently was managing director and head of loan originations at Czech Asset Management LP.

Capitala Group, a provider of capital to lower and traditional middle market companies, manages Capitala Finance Corp.