Michael Novoseller and Vipul Shah were named managing directors at Arrowpoint Partners, spokeswoman Angel Romero said.
The positions are new. Messrs. Novoseller and Shah will primarily be responsible for expanding the money manager's middle-market direct lending business.
They both come from Brightwood Capital Advisors, where they were responsible for leading private debt and equity investments. Brightwood officials did not reply to a request for further information by press time.