Michael Apfel is Chief Investment Officer of MidOcean Credit Partners. In this role, Mr. Apfel oversees the Firm's overall investment business, including portfolio management, research and trading. Mr. Apfel serves as the Head of Opportunistic Credit and is the Portfolio Manager for the MidOcean Credit Opportunity Fund and the MidOcean Tactical Credit Fund. He is also a member of the Firm's Investment Committee, Risk Committee and Management Committee.
Michael has 27 years of credit-related portfolio management and origination and underwriting experience. Prior to joining MidOcean Credit Partners at its inception in 2009, Mr. Apfel was a Managing Director and Senior Portfolio Manager at Deerfield Capital Management LLC, a leading credit investment management firm with over $12 billion under management at the time of his departure. Mr. Apfel was responsible for building and managing the firm’s alternative credit portfolio comprised of senior secured loans, high yield bonds, mezzanine debt and private equity co-investments as well as a direct lending business. Prior to joining Deerfield, Mr. Apfel spent approximately 14 years within investment banking, originating and executing bank loan, high yield bond and equity transactions. Mr. Apfel was a senior member of the Financial Sponsor Group at Banc of America Securities LLC, where he was responsible for managing the bank’s relationships with numerous large and middle market private equity firms with primary focus on origination and execution of leveraged finance and equity transactions. Prior to joining Banc of America, Mr. Apfel spent 5 years at Bankers Trust as a Senior Vice President in the Leveraged Finance Group. Mr. Apfel began his career as a member of the Leveraged Finance Group at Chemical Bank, N.A., where he worked in New York and London.
- Guilford College, B.A., Economics, 1990