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Joey Carroll joins the Clarus Capital team as a Director of Investment Management. Among many others, Joey’s primary responsibilities include underwriting, structuring, pricing, closing and monitoring transactions.
Most recently, Joey served as Director of Underwriting at Radius Equipment Finance and subsequently LendingClub following its acquisition of Radius Bank.
After graduating from Bentley University, Joey began his career as a Credit Analyst at NewStar Equipment Finance. Over the next several years he assumed increasing portfolio and underwriting responsibilities, including front line risk assessment, transaction underwriting and execution, as well as ongoing portfolio management.
When NewStar Equipment Finance was sold to Radius Bank, Joey took on additional responsibilities including the creation and management of the group’s allowance for credit losses process, lead underwriting and portfolio management activities, and he was included in the group’s Management Committee meetings. In the Fall of 2020 Joey was promoted to Director of Credit Underwriting, leading a team of investment professionals.
In the years since members of Clarus’ senior management team recruited, trained and worked alongside Joey, he has proven a consistently high performer with tremendous enthusiasm for his work. He prides himself in his reasoned decision making and judgment, and seeks to provide value to and learn from each and every engagement. Joey has also been an exceptional mentor to junior team members, which will benefit Clarus’ continued expansion. Joey is equally at home assessing and executing transactions as he is in the creation of systems and development of processes. Joey has been involved in all facets of Clarus Capital’s organizational plan and will provide strong continuity and vision as a member of Clarus’ Management Committee.
In September 2020, Joey married his wife Leigh in the backyard of their home in southern Rhode Island and then welcomed their first child in August 2021. Joey splits his time between Clarus’ headquarters in Boston and his Rhode Island “farm” where his extended family includes a dog, a cat and a flock of chickens.