The firm is an alternative credit investment manager for both direct lending and broadly syndicated investments through public and private vehicles.
THL Credit has named Chris Flynn as its new CEO, according to a statement.
Sam W. Tillinghast has resigned as co-CEO of THL Credit, which is one of the largest specialist alternative credit asset managers in the US,
Our team will continue to work collaboratively to expand our product offerings as we drive performance across the platform, said Flynn added.
"We are grateful to Sam for his partnership and contributions, and wish him the best in his future endeavors."
THL Credit currently has approximately $11bn of assets under management and has offices in Boston, Chicago, Dallas, New York and Los Angeles.