Star Mountain Capital has appointed Daniel Lee as managing director, with a focus on investment origination and business development.

Lee joins from direct lending platform Comvest Capital Partners, where he was a partner and co-founder. During his 14-year tenure, the platform grew to $12bn (£9.08bn), the manager said.

Read more: Star Mountain closes first US direct lending CFO

“Daniel brings extensive private credit experience, a strong network and a demonstrated ability to source and execute investments while helping build and scale investment platforms,” said Brett Hickey, founder and chief executive of Star Mountain Capital.

“We believe his experience and relationships will further enhance our origination capabilities as we continue to provide capital solutions to established lower middle-market businesses.”

Read more: Manulife | Comvest Credit Partners raises $5.4bn for largest direct lending fund

Star Mountain Capital, which has $5bn in assets under management, runs two core investment strategies: one in direct investments and one in secondaries.

“Star Mountain has built a differentiated platform focused on providing capital to established lower middle-market businesses, a segment where deep relationships, disciplined underwriting and experience can be particularly valuable,” said Lee.

“I look forward to working with the team to expand our origination capabilities, develop relationships with business owners and intermediaries and support the continued growth of the firm.”

Read more: Bridgepoint inks €5.1bn for direct lending amid European credit boom