Capital Southwest Announces Hiring of Managing Director

Rhea-AI Summary

Capital Southwest (Nasdaq: CSWC) announced the hiring of Ryan Mullins as Managing Director on January 21, 2026. Mullins brings over 15 years of deal experience, including more than 10 years in private credit. His prior roles include Principal at Peak Rock Capital, Atalaya Capital Management and Elm Park Capital. Management highlighted Mullins as a seasoned deal originator whose direct lending background and network should support sourcing lower middle market investment opportunities. Mullins holds a BBA in Finance from the University of Texas.

News Market Reaction

-0.30%

1 alert

-0.30% News Effect

On the day this news was published, CSWC declined 0.30%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Total experience: over 15 years Private credit experience: more than 10 years

2 metrics

Total experience over 15 years Ryan Mullins professional experience

Private credit experience more than 10 years Ryan Mullins private credit background

Market Reality Check

Price: $23.08 Vol: Volume 757,870 vs 20-day ...

normal vol

$23.08 Last Close

Volume Volume 757,870 vs 20-day average 573,791 (relative volume 1.32x). normal

Technical Price 23.08 is trading above 200-day MA at 21.58, near 52-week high of 23.86.

Peers on Argus

CSWC fell 2.53% while peers were mixed: GSBD up 0.43%, PX up 0.57%, OCSL down 0....

CSWC fell 2.53% while peers were mixed: GSBD up 0.43%, PX up 0.57%, OCSL down 0.63%, CET down 0.56%, NFJ flat. Moves do not indicate a unified sector trend.

Historical Context

5 past events · Latest: Dec 09 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 09	Leadership promotion	Positive	+0.5%	Promotion of Grant Eason to Managing Director with strong credit background.
Nov 19	Dividend declaration	Positive	-0.1%	Announced regular and supplemental dividends totaling $0.64 per share.
Nov 03	Earnings release	Neutral	-2.3%	Reported Q2 results including $1.9B portfolio and $34.0M pre-tax NII.
Oct 15	Prelim results & call	Neutral	-0.1%	Provided preliminary Q2 income and NAV ranges and set earnings call date.
Sep 09	Debt offering	Neutral	-0.9%	Priced $350M 5.950% notes due 2030 to refinance existing notes and debt.

Pattern Detected

Recent news—including promotions, dividends, earnings, and debt offerings—has typically produced modest single-day moves, with largely aligned reactions and one divergence on a dividend announcement.

Recent Company History

Over the past six months, Capital Southwest has focused on capital markets activity, dividends, and investment team development. On Sep 9, 2025, it priced $350M of 5.950% notes due 2030. Subsequent releases covered preliminary and final results for the quarter ended Sep 30, 2025, regular and supplemental dividends totaling $0.64 per share for the March 2026 quarter, and a promotion to Managing Director on Dec 9, 2025. Today’s hiring of another Managing Director continues that investment team expansion theme.

Market Pulse Summary

This announcement highlights continued investment in Capital Southwest’s origination and lending cap...

Analysis

This announcement highlights continued investment in Capital Southwest’s origination and lending capabilities through the hiring of a Managing Director with over 15 years of experience, including more than 10 years in private credit and direct lending. Recent history shows parallel themes of portfolio growth, debt refinancing, and regular dividends. Investors may watch how added leadership influences deal flow, credit performance, and subsequent earnings or dividend updates disclosed in future filings and press releases.

Key Terms

business development company, private credit, direct lending

3 terms

business development company financial

"an internally managed business development company focused on providing flexible"

A business development company is a publicly traded investment vehicle that lends to and buys stakes in smaller or privately held companies, acting like a combination of a lender, investor, and business partner. It matters to investors because BDCs offer the potential for higher regular income through dividends and diversified exposure to growing businesses, but they can also carry greater credit and liquidity risk than typical stocks or bonds—think higher-yielding but riskier income instruments.

private credit financial

"over 15 years of experience, including more than 10 years in private credit."

Private credit is a form of borrowing where companies or organizations obtain loans directly from private lenders rather than traditional banks or financial markets. It often involves customized financing arrangements that are not traded publicly, making it a way for businesses to access funding outside of standard channels. For investors, private credit offers the potential for higher returns, but typically comes with increased risk and less liquidity compared to more conventional investments.

direct lending financial

"Ryan’s depth of direct lending experience coupled with his strong network"

Direct lending is when investors or investment funds lend money straight to companies instead of those companies borrowing from traditional banks. It matters to investors because it can offer higher interest income than public bonds or bank deposits, much like lending money to a neighbor for a premium, but it also carries greater credit risk and lower liquidity since the loans are often private and harder to sell.

AI-generated analysis. Not financial advice.

DALLAS, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Capital Southwest Corporation (“Capital Southwest,” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, is pleased to announce the hiring of Ryan Mullins as its newest Managing Director.

“I am pleased to welcome Ryan to Capital Southwest and excited to have another experienced deal originator joining our team,” stated Josh Weinstein, Chief Investment Officer of Capital Southwest. “Ryan’s depth of direct lending experience coupled with his strong network will make a significant contribution to our investment team as we continue to source attractive lower middle market opportunities. I am confident that Ryan will contribute to the future success of our company.”

Mr. Mullins is a seasoned deal professional with over 15 years of experience, including more than 10 years in private credit. Prior to joining Capital Southwest, Mr. Mullins served as a Principal for Peak Rock Capital, Atalaya Capital Management and Elm Park Capital amongst other positions. Mr. Mullins received a Bachelor of Business Administration degree in Finance from the University of Texas.

About Capital Southwest

Capital Southwest Corporation (Nasdaq: CSWC) is a Dallas, Texas-based, internally managed business development company with approximately $1.9 billion in investments at fair value as of September 30, 2025. Capital Southwest is a middle market lending firm focused on supporting the acquisition and growth of middle market businesses with $5 million to $50 million investments across the capital structure, including first lien, second lien and non-control equity co-investments. As a public company with a permanent capital base, Capital Southwest has the flexibility to be creative in its financing solutions and to invest to support the growth of its portfolio companies over long periods of time.

Forward-Looking Statements

This press release contains historical information and certain forward-looking statements with respect to the business and investments of the Company, including, but not limited to, the statements about the Company’s future performance and financial performance. Forward-looking statements are statements that are not historical statements and can often be identified by words such as “will,” “believe,” “expect” and similar expressions and variations or negatives of these words. These statements are based on management’s current expectations, assumptions and beliefs. They are not guarantees of future results and are subject to numerous risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement. These risks include risks related to: changes in the markets in which the Company invests; changes in the financial, capital, and lending markets; changes in the interest rate environment and its impact on the Company’s business and its portfolio companies; regulatory changes; tax treatment; the uncertainty associated with the imposition of tariffs and trade barriers and changes in trade policy and its impact on the Company’s portfolio companies and the Company’s financial condition; an economic downturn and its impact on the ability of the Company’s portfolio companies to operate and the investment opportunities available to the Company; the impact of supply chain constraints on the Company’s portfolio companies; and the elevated levels of inflation and its impact on the Company’s portfolio companies and the industries in which it invests.

Readers should not place undue reliance on any forward-looking statements and are encouraged to review Capital Southwest’s Annual Report on Form 10-K for the year ended March 31, 2025 and any subsequent filings with the SEC, including the “Risk Factors” sections therein, for a more complete discussion of the risks and other factors that could affect any forward-looking statements. Except as required by the federal securities laws, Capital Southwest does not undertake any obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, changing circumstances or any other reason after the date of this press release.

Investor Relations Contact:

Michael S. Sarner, President and Chief Executive Officer
214-884-3829

FAQ

Who is Ryan Mullins and what role did he take at Capital Southwest (CSWC)?

Ryan Mullins was hired as a Managing Director at Capital Southwest, joining the firm's investment team.

When did Capital Southwest (CSWC) announce the hiring of Ryan Mullins?

The company announced the hire on January 21, 2026.

What relevant experience does Ryan Mullins bring to CSWC (Nasdaq: CSWC)?

Mullins has over 15 years of deal experience, including more than 10 years in private credit, and served as Principal at multiple firms.

Which prior firms did Ryan Mullins work for before joining Capital Southwest (CSWC)?

He previously served as Principal at Peak Rock Capital, Atalaya Capital Management, and Elm Park Capital.

What education does Ryan Mullins have as noted by Capital Southwest (CSWC)?

He holds a Bachelor of Business Administration in Finance from the University of Texas.

How did Capital Southwest describe the expected contribution of Ryan Mullins to CSWC?

The company said Mullins' direct lending experience and network are expected to help source attractive lower middle market opportunities.