Trinity Capital, a leading provider of diversified financial solutions to growth-stage companies, announced the strategic expansion of its origination team with the appointment of Andrew Ghannam as Managing Director of Tech Lending, based in New York. A seasoned executive, Ghannam brings over a decade of experience in the venture banking sphere, a vast network of industry connections and a proven track record of fostering growth and innovation in the New York market.

"We are excited to welcome Andrew to our team. We believe his deep industry knowledge and extensive tech network will contribute to our continued portfolio growth," said Kyle Brown, President and Chief Investment Officer of Trinity. "With New York venture capital investment reaching $31 billion last year and its proximity to the European market, this move further solidifies our commitment to offering financial support to the entrepreneurial ecosystem."

Ghannam joins Trinity from Pacific Western Bank, where he served as Co-Head of the Tech Venture Bank and worked with venture-backed technology and consumer companies by providing debt and banking services. He was a key contributor to Pacific Western Bank's success in New York after its acquisition of Square 1 Bank. Prior to his tenure at Pacific Western Bank, Ghannam worked at Comerica Bank.

"Trinity has a relationship-focused approach with its portfolio companies, employees and venture capital connections," said Ghannam. "This move is a great fit for me as I've known the Trinity team for years, and I look forward to supporting the execution of their growth strategy."

The addition of Ghannam comes shortly after Trinity's announcement of another key origination hire, Igor DaCruz, in San Diego, where Trinity recently opened a new office to support the growth of its Life Sciences vertical.