Stellus Announces Official Launch

Stellus Capital Management has announced its official launch and spin off from the D.E. Shaw Group. Stellus focuses on private credit and energy private equity, providing secured and unsecured loans to middle-market companies, along with equity and equity-linked debt capital, to North American energy companies. Stellus has 15 investment professionals in four locations, including its Houston headquarters and New York, San Francisco and Washington D.C. offices.