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Alcentra Capital names CEO

Alcentra Capital Corp., a debt financing solutions provider, appointed Suhail Shaikh CEO.

Shaikh was co-president of the company, along with Peter Glaser, who will become the sole president. Glaser will also take over as co-head of the European direct lending business.

Current CEO Vijay Rajguru will remain chairman of the board.

Alcentra Capital also reported fourth-quarter 2018 net investment income of $3.7 million, or 27 cents per share, compared to net investment income of $4.0 million, or 28 cents per share, in the year-ago quarter.