A firm built to capitalize on turning points.

Named for the pivotal Battles of Saratoga, where victory in the War of the American Revolution turned the corner from “possible” to “likely,” Saratoga is your trusted partner when you need capital resources to pivot toward new opportunity.

Saratoga’s deep roots also lie in the proud tradition of New York City merchant banking, which gave rise to the richest and most successful democracy in the world’s history. From time immemorial, merchant bankers acted as trusted advisors to their clients, helping them address their financial needs with a broad cross-section of solutions. Whether clients needed help to grow, transform, adapt, defend, or harvest – merchant bankers have been there as long-term partners.
A Legacy of Strategy and Resolve
Saratoga Partners draws inspiration from the Battles of Saratoga, events that reshaped the course of history through disciplined strategy, decisive action, conviction, and dedication to long-term outcomes.
In the same spirit, we help businesses and investors confidently navigate their own turning points with the clarity and discipline that comes from our expertise.

Values Shape Every Aspect of Saratoga

Saratoga’s solutions originate and develop through a set of basic business principles which inform and govern our actions.

 

Adherence to these principles produces a uniformity and consistency of effort among sometimes disparate business disciplines.

 

Continued adherence to these principles ensures that we will maximize our value to our clients and investors.

 

These are our Ten Guiding Principles that shape what we do, and how we do it.

Guiding Principles

What we do

I. Professionalism

Our most important product is our Professionalism. In all our activities, sound judgment and the requisite analytical skills must be applied consistently and creatively on behalf of our clients and investors.

II. Focus

Focus must be sharply directed toward what we do best, which is providing high value-added capital solutions employing insight combined with capital resources. We will not do what we cannot do well.

III. Discipline

Discipline over how and with whom we do business, how we run our business, and how we make decisions is a guiding principle for us to both “do the right thing” and to “do things right.” Disciplined approaches reduce uncertainty and volatility, resulting in consistently higher quality and more predictable outcomes.

IV. Scale

Scale combined with expertise sets us apart from our competition. Our relatively small size means we are able to direct our best talent toward solving our clients’ problems rather than dealing with the complexities of a large organization. It means we can respond quickly, nimbly, and flexibly to problems and opportunities, while at the same time providing a full range of solutions. It also assures an optimal environment for our professionals.

V. Profitability

Profitability is the key to our sustainability as it is an essential ingredient in attracting and keeping the best people. Yet profitability must develop as a by-product of the successful conduct of our duties and obligations to serve and support our clients and investors.

How We Do What We Do

VI. Integrity

Integrity is the foundation of our business. We believe in long-term relationships and so must constantly strive to display the impeccable integrity and pristine ethics that will earn us credibility with every stakeholder at all times – internal and external. Our reputation comes first.

VII. Commitment

Commitment to our investors, clients, and our people is paramount. Our investors and clients expect our devotion to fulfilling their needs and expectations. At Saratoga, we have high expectations for our people, especially dedication, hard work, and exceptionally high standards of performance and conduct. Colleagues have a right to expect us to provide a stable environment and the opportunity to fulfill their need for growth and development toward their professional ambitions.

VIII. Collaboration

Collaboration among Saratoga and its stakeholders, external and internal, is paramount to the success we seek to achieve. Relationships with external partners rely on long-term teamwork; just as much as our internal team collaboration results in the best thinking and actions being applied to our work.

IX. Passion

Passion for what we do, how, with whom, for whom, and why drives a sense of urgency, speed, agility, joy, fun, and meaning. We strive to work with people we respect and who challenge us to learn and grow every day. We enjoy and are proud of each other. In a broad sense, we see ourselves as one key contributor to the capital markets, working with clients and for investors that make the US economy the strongest and most innovative in the world.

X. Decency

Decency in all our dealings with clients, investors, colleagues, and others is the bedrock upon which Saratoga is built. It is the standard against which we measure everything we do.

Saratoga Partners is led by a team of experienced investment professionals with deep expertise across private credit, private equity, and structured capital. Our professionals bring backgrounds spanning investment management, operating leadership, and advisory roles, enabling us to evaluate opportunities through both a financial and operational lens.

We work collaboratively across sectors and strategies, combining rigorous analysis with thoughtful judgment. This approach allows us to partner closely with management teams, structure capital solutions with precision, and remain aligned with long-term value creation.

At Saratoga, our people are our greatest asset. We believe strong relationships, disciplined decision-making, and intellectual integrity are essential to delivering consistent outcomes for our partners and investors.

Jeannette Hill, Human Resources
jhill@saratogapartners.com | 212.906.7124

Leadership Officers and Managing Directors

Ten seasoned leaders serve as Saratoga Partners’ Officers and Management Committee team, bringing two centuries of expertise to their roles.
David DeSantis is Chief Operating Officer, Portfolio Manager, and Senior Managing Director of Saratoga Investment Advisors, LLC, the investment adviser to Saratoga Investment Corp. He also serves on the firm’s Management and Investment Committees.
David DeSantis
Chief Operating Officer, Portfolio Manager, & Senior Managing Director
Mike Grisius has over 25 years of experience in leveraged finance and private equity. He is the Co-Managing Partner and the Chief Investment Officer of Saratoga Investment Advisors, LLC, the Company’s investment advisor.
Mike Grisius
Co-Managing Partner & Chief Investment Officer
Henri Steenkamp is the Chief Financial Officer, Chief Compliance Officer, Treasurer and Secretary of Saratoga Investment Corp as well as Saratoga Investment Advisors, LLC, the Company’s investment adviser. He is also a Director of the Company. Prior to joining Saratoga, Mr. Steenkamp served as the Chief Financial Officer of MF Global from April 2011 to January 2013. Mr. Steenkamp held the position of Chief Accounting Officer and Global Controller at MF Global for four years prior to that. Before joining MF Global, Henri Steenkamp spent eight years with PricewaterhouseCoopers, including four years in Transaction Services in its New York office, managing a variety of capital-raising transactions and SEC public company reporting processes on a global basis.
Henri Steenkamp
Chief Financial Officer, Chief Compliance Officer, Treasurer & Secretary
Chris Oberbeck, Saratoga Partners founder, brings thirty years of experience in leveraged finance, from distressed debt to private equity, and has originated, structured, negotiated, consummated, managed and monitored investments in a wide variety of middle-market businesses. Mr. Oberbeck is the Managing Member of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and the Chief Executive Officer and President of the Company. Mr. Oberbeck is the Managing Partner of Saratoga Partners, a middle market private equity investment firm, and has served on its investment committee since 1995.
Chris Oberbeck
Chairman of the Board, Chief Executive Officer & President
John MacMurray is a Managing Director and Portfolio Manager of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in portfolio oversight with primary emphasis on transaction development and execution. Mr. MacMurray is also a Managing Director and Portfolio Manager of Saratoga Partners, a middle market private equity investment firm, and has been involved in all phases of the investment process, from sourcing and through structuring, and has deep experience in executing add-on investments. Mr. MacMurray has served as a director of a number of Saratoga Partners’ portfolio companies.
John MacMurray
Managing Director & Portfolio Manager
Charles Phillips has over 15 years of experience investing in the debt and equity of middle-market manufacturing and service companies, including extensive experience in dealing with both private public financings. Mr. Phillips is a Managing Director of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is responsible for portfolio management and oversight. Mr. Phillips is also a Managing Director of Saratoga Partners, a middle market private equity investment firm, and has served as a director of a number of Saratoga Partners’ portfolio companies in addition to originating, structuring, negotiating, consummating, managing and monitoring middle market investments.
Charles Phillips
Managing Director & Portfolio Manager
Tom Inglesby has more than 20 years of experience in leveraged finance and private equity. He is a Managing Director of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is primarily responsible for management of the Company’s CLO investment activities. Mr. Inglesby previously served as President and a Director of the Company from inception through September 2008.
Tom Inglesby
Managing Director & Portfolio Manager
Richard A. Petrocelli is the Managing Director and is responsible for business development and loan origination.
Richard A. Petrocelli
Managing Director
Timothy Wong is a Managing Director of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in originating, structuring, and executing new investment opportunities. Prior to joining Saratoga in 2025, Mr. Wong was a Principal at AEA Private debt, originating and executing senior and junior debt investment opportunities. Previous to that, he served as a Director at Abacus Finance Group, responsible for originating, structuring, and underwriting new investments. Mr. Wong held similar positions at other financial institutions and started his career at JPMorgan as an investment banking analyst.
Timothy Wong
Managing Director
Paul West is the Managing Director of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting and portfolio monitoring and valuation.
Paul West
Managing Director

Investment Advisory Team

Our investment professionals have a combined 200 years of experience investing over $5 billion in middle market businesses. They bring unique expertise building agile capital structures across numerous industries to our business partners. We apply our deep experience to advise business owners (equity sponsors, independent sponsors, family-owned businesses) and management teams with patient capital and guidance as they execute their business plans.
James Soltesz is an Investment Manager of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is responsible for the underwriting, trading and portfolio management of the firm’s third-party CLO security business.
James Soltesz
Investment Manager
Andrew Kirby is a Vice President of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Andrew Kirby
Vice President
Jonathan Cohen is a Vice President at Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Jonathan Cohen
Vice President
Matt Doane is a Vice President of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Matt Doane
Vice President
Catherine Gao is a Vice President of Portfolio Management at Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Catherine Gao
Vice President
Walker Ranney is a Senior Associate of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Walker Ranney
Senior Associate
Roy Kennan is a Senior Associate of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Roy Kennan
Senior Associate
Chris Sanderson is an Senior Associate of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Chris Sanderson
Senior Associate
Tom Roesser is an Associate of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Tom Roesser
Associate
Quin Crowley is an Associate of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation. Prior to joining Saratoga, Mr. Crowley was an Associate with Deutsche Bank, where he focused on mergers and acquisitions and debt / equity transactions across the Consumer and Business Services sectors. Mr. Crowley holds a B.A. in Economics from Hamilton College, where he graduated Cum Laude.
Quin Crowley
Associate
Connor Verrett is an Associate of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Connor Verrett
Associate
Will Hare is an Associate of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation.
Will Hare
Associate
Alexander Nelson-Groocock
Associate

Partner Relations Team

Our Partner Relations Team takes a solutions-oriented approach to investing and seeks to craft capital structures that work for all stakeholders. We have an extensive network of private equity sponsors, investment bankers and industry executives that supply us with a steady flow of investment opportunities. We understand the importance of providing feedback quickly, being creative in transaction structuring, and expeditiously delivering on negotiated terms.
Marissa Andrews is a Principal of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in credit analysis, underwriting, portfolio monitoring, and valuation. Ms. Andrews is actively involved in the business development efforts of Saratoga.
Marissa Mann Andrews
Principal
Georgia Joers is an Analyst of Saratoga Investment Advisors, LLC, the Company’s investment adviser, involved in underwriting, credit analysis, and business development.
Georgia Joers
Analyst

Professional Staff

Saratoga Partners takes pride in its professional staff, who furnish high-quality support to the Investment Advisory and Partner Relations Teams, as well as Partner Companies and Investors.
Christine Ramdihal is the Controller of the BDC at Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in financial reporting, investment valuation and SOX compliance.
Christine Ramdihal
Controller of the BDC
Jeannette Hill is the Controller for Saratoga Investment Advisors, LLC and is involved in the finance, tax, payroll and HR functions at Saratoga. Prior to joining Saratoga, Ms. Hill was the Tax Director at Shake Shack, assisting in their 2015 IPO. Ms. Hill began her career at Arthur Andersen and then specialized in tax accounting at Pepsi Bottling Group and Xylem Inc. Ms. Hill graduated with a BBA in Public Accounting from Pace University.
Jeannette Hill
Controller
Rochelle Kracoff is the Assistant Chief Compliance Officer and Treasury Manager of Saratoga Investment Advisors, LLC, the Company’s investment adviser, and works closely with the Board of Directors of Saratoga Investment Corp.
Rochelle Kracoff
Assistant Chief Compliance Officer and Treasury Manager
Shannon Mulqueen is a Senior Accountant at Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in financial reporting, investment valuation and SOX compliance.
Shannon Mulqueen
Senior Accountant
Meg Duva is an Accountant for Saratoga Investment Advisors, LLC, the Company’s investment adviser, and is involved in financial reporting, investment valuation, and SOX compliance.
Meg Duva
Accountant
Lisa Ashley
Senior Fund Accountant
Christine Monterosso is Chief Administrative Officer “CAO” for Christian L. Oberbeck, Chairman and Chief Executive Officer of Saratoga Partners and affiliated entities. She leverages over fifteen years of dynamic industry experience and expertise working closely with the CEOs and C-Suite executive teams across multiple investment processes including, proprietary trading, hedge fund portfolio management, private equity, venture capital, and investment banking to drive operational success. Christine is very entrepreneurial and has contributed to the growth and development of several start-up companies throughout her career.
Christine Monterosso
Chief Administrative Officer to CEO
Liz is joining us as Office Manager and Assistant providing administrative assistance to the overall Saratoga Team and working to enhance and manage the office operations. She comes to us from the digital media industry previously working at TelevisaUnivision and Microsoft Corporation/NBC News Digital in New York City. Liz graduated with a BA in Communication Arts from Iona University.
Liz Yorio
Office Manager and Assistant
Karina Martinez
Receptionist and Administrative Assistant

Independent Directors

Our Board is strengthened by three Independent Directors with rich business, professional services, and governance experience.
Steven M. Looney
Director
Charles S. Whitman III
Director
G. Cabell Williams
Director