C-PACE lender appoints president of MidCap Financial to replace firm’s founder, Mansoor Ghori, effective July 1.
Petros PACE Finance, one of the early pioneers in the Commercial Property Assessed Clean Energy (C-PACE) lending space, will soon have a new leader guiding the financing strategy.
The C-PACE lender announced Monday that Kevin McMeen of Midcap Financial, an Apollo Global Management affiliate, will be assuming the role of president and CEO effective July 1, Commercial Observer can first report. McMeen will replace current CEO Mansoor Ghori, who along with fellow co-founder and CFO, Jim Stanislaus, will transition into the vice chairman role through December 2025.