2025 ACG Maryland - Deal Market Update

Rob Hagerty is a Partner at Farragut Capital Partners, a manager of Small Business Investment Company-licensed funds providing mezzanine debt and private equity capital to lower middle market operating companies.  Founded in 2011 and based in Chevy Chase, Maryland, Farragut has over $500 million under management across three funds and has invested in over 60 companies since inception.  Farragut partners with committed private equity funds, independent sponsors, and directly with management teams to support leveraged buyouts/recapitalizations, growth initiatives, refinancings, and add-on acquisitions.

Rob is responsible for deal origination, execution, and portfolio management and currently serves or has served as a board member or observer to 18 Farragut portfolio companies spanning a range of sectors, including industrial manufacturing/distribution, branded consumer products, food and beverage, government contracting, business services, pharmaceuticals, and specialty retail.  He joined Farragut as an Associate in 2012 out of law school.

Rob received a J.D. from the University of Richmond and a B.S. in Commerce from Washington & Lee University.  He lives in Richmond, Virginia and is on the board of ACG Richmond.

Ray Logan is a Director at Gladstone Capital, the private credit investment arm of The Gladstone Companies, where he originates, underwrites and manages private credit and minority equity investments across a variety of industries. Mr. Logan joined Gladstone in March of 2020. Prior to joining Gladstone, Mr. Logan was an Associate at Fortress Investment Group, where he was involved in sourcing, underwriting, executing and managing debt and structured equity investments across a variety of industries. Prior to Fortress, Mr. Logan was a founding member of CapitalView Investment Partners, where he was involved in sourcing, underwriting, executing and managing value-oriented structured debt and control buyout transactions. Prior to CapitalView, Mr. Logan was with American Capital, Ltd., where he was involved in underwriting, executing and managing special situations debt and control buyout transactions. Mr. Logan began his career in the Special Credits Group at J.P. Morgan. Mr. Logan earned a BS in Finance from Fordham University, and currently resides in Potomac, MD with his wife and two daughters.

Paul D. Schuldiner is Executive Vice President and Chief Lending Officer at Rosenthal & Rosenthal Inc., a privately held commercial finance company specializing in factoring, asset-based lending, purchase order financing, equipment leasing, and e-commerce direct to consumer inventory financing.

As Chief Lending Officer, Paul is responsible for driving the firm’s growth strategy and business development across all of Rosenthal’s products and offerings. He is a key member of the executive leadership team and works closely with the division heads and the Rosenthal family to manage credit policies and organizational practices for the firm’s portfolio of clients.

Paul is a seasoned financial executive with more than 38 years of experience in commercial finance and public accounting. Since joining Rosenthal in 2016, Paul has led the Rosenthal Trade Capital division and has been responsible for driving the overall business strategy for Rosenthal’s purchase order financing and alternative inventory financing solutions.

He has previously held senior leadership roles at Wells Fargo Capital Finance, King Trade Capital, and as a principal of Transcap Trade Finance. In addition to purchase order financing, Paul started his career in the asset-based lending and factoring division of a NYC based finance company and practiced as a CPA in public accounting.

 Paul has been featured in Women’s Wear Daily, Entrepreneur, TIME, Forbes, ABL Advisor, and The Monitor.  He is a frequent contributor to The Commercial Factor, The Secured Lender and ABF Journal and has been a featured speaker at industry seminars and conferences, including the New York Institute of Credit, International Factoring Association, TMA Mid-Atlantic & Mid-America, Secured Finance Network Supply Chain Finance conference and Annual National Conference, and the Philadelphia Credit & Restructuring Conference.

Paul is currently a member of the Secured Finance Network Executive Committee and Chairman of the Factoring Committee, former Chairman of the International Factoring Association (“IFA”) Northeast Chapter and a former President of the New Jersey Chapter of the Turnaround Management Association. He received his Bachelor’s degree in Accounting from Queens College, City University of New York.