Basil Palmeri

Basil Palmeri has over 30 years of experience investing in the corporate credit markets. Mr. Palmeri most recently served as a Managing Director at BlackRock Advisors LLC (the successor to BKCA as investment advisor to BKC) and was one of four senior investment professionals who started with BlackRock Kelso Capital Advisors at the commencement of its operations in 2005. Mr. Palmeri oversaw and actively participated in all aspects of the investment deal process including sourcing, analyzing, structuring and negotiating debt investment opportunities as well as post-investment management. Mr. Palmeri served as a member of the Board of Directors for three BKC portfolio companies, Gordon Brothers Finance Company, Red Apple Stores and Bankruptcy Management Solutions. Prior to joining BKC in 2005, Mr. Palmeri was a Managing Director at GMAC Commercial Finance - Structured Finance Group, one of the largest commercial finance companies in the industry. Mr. Palmeri played a leading role in the build out of the Structured Finance Group, which included recruiting professionals to fill the roles of Senior Credit Officer, Senior Manager of Accounting and Due Diligence, and several Senior Account Managers. Prior to joining GMAC, Mr. Palmeri was a Director at Deutsche Bank and its predecessor, Bankers Trust. He held various positions within the secured leverage finance division of the investment bank during his tenure at Deutsche Bank and Bankers Trust including New York Regional Manager and National Group Credit Manager. Mr. Palmeri's responsibilities included working with equity sponsors, middle market companies and third-party financial advisors in the analysis, underwriting and managing the financing for leveraged buyouts, recapitalizations and restructurings, in addition to fulfilling the role of agent to bank syndicated deals. He began his banking career in the asset-based lending division of Manufacturers Hanover Trust (predecessor to JPMorgan Chase).

Mr. Palmeri received a B.S. in Accounting from the University of Scranton and M.B.A. from Adelphi University. Mr. Palmeri completed the Manufacturers Hanover Trust Credit Training Program.