Chicago — November 19, 2019 — Espresso Capital, a leading North American venture debt provider, announced today that Steven Michau has joined as Executive Director, Origination, based in Chicago. Michau, who brings more than 20 years of financial services and investing experience to his role, will help accelerate Espresso’s continued expansion in the United States.
“I’m excited to help drive Espresso’s continued growth in the US” says Michau. “Espresso is offering flexible and highly differentiated funding solutions to help technology companies scale their businesses. As we expand across the US, I see a major opportunity to build on Espresso’s 10-year track record of partnering with founders and investors to help build successful technology companies and create value.”
Michau previously served as Managing Director at Ares Management, where he provided senior debt, junior debt, and select equity investments to technology and healthcare companies at various stages of development. He holds a B.S. in finance from the University of Illinois, Urbana-Champaign and an M.B.A. from the Northwestern University Kellogg School of Management.
“We’re very pleased to have Steven join the team,” says Espresso Managing Director, Will Hutchins. “ Steven brings deep experience in venture debt and later stage technology lending. We have been steadily growing our business in the US and Steven will play a critical role in helping us ramp up that growth.”
About Espresso Capital
Since 2009, Espresso Capital has provided more than 260 early and growth-stage technology companies with founder-friendly capital. We offer lines of credit and term loans to enable entrepreneurs to grow their businesses with less dilution while maintaining greater control. Our mission is to keep founders in control with fast, fair, and flexible capital. Learn more at www.espressocapital.com.