Fairfield Capital Group, LLC  announced that Stephen R. Cain has rejoined the company as Managing Director in its Chicago office.  Mr. Cain was an original member of Fairfield Capital when it was launched in 2004, but later left to form his own investment advisory firm, Cain Capital Partners, LLC.  He has a 25+ years of increasing executive responsibility in credit and underwriting with Citicorp Leasing and Fleet Capital Leasing.  For the last 15 years he has focused on new business development.  He has a B.B.A. degree with honors from University of Wisconsin and an M.B.A. degree from the University of Chicago.  He will be based in Chicago with responsibility for new business and capital markets activities.

“We are very pleased to have Steve on board once again as we expand our client base with small and mid-sized equipment leasing and finance companies” said Dana J. Pasternak, Managing Director and Founder.  “We focus on helping these clients locate funding sources for “challenged” lease and loan transactions, i.e., those involving lessees/borrowers that are highly-leveraged and typically have credit ratings in the B- to BB range or equivalent if unrated.  Steve’s extensive experience with underwriting “fallen angel” credits will be invaluable in assisting our clients both on the buy- and sell-side of these transactions”

Fairfield Capital Group, LLC was founded in 2004, and since that time has provided capital markets solutions to the equipment finance and leasing industry.  While Fairfield Capital’s client focus is primarily on investors, the company also works with issuers—whether manufacturers financing their own equipment sales or end-users trying to finance new equipment acquisitions, but encountering difficulty in raising debt or lease capital.