About
Michael Watson is a Managing Director at Callodine Credit Management, a subsidiary of Callodine Capital Management, LP, based in Boston, Massachusetts. In his current role, he oversees underwriting, structuring, and portfolio management, focusing on asset-based lending (ABL) solutions for middle-market companies. Watson is instrumental in evaluating and managing credit opportunities, with a central emphasis on private credit and income-oriented investment strategies.
His investment expertise specifically centers on asset-based loans to North American and Western European retailers and companies in adjacent sectors. He has accumulated over a decade of experience in managing, restructuring, and underwriting ABL facilities for retailers and commercial borrowers, both at Callodine and in prior roles.
Prior to joining Callodine Credit, Watson spent six years at Wells Fargo Capital Finance as a Director and Senior Relationship Manager in the Retail Finance Group, and two years at Salus Capital Partners as Vice President of Underwriting Sponsor and Loan Originations. He began his career at GE Capital, where he primarily focused on portfolio management and underwriting for retail finance. Watson is regarded for his deep sector knowledge in retail asset-based lending and his contributions to structuring complex credit solutions for the middle market.
Career History
| Organization | Role | Date Range | Details |
|---|---|---|---|
| Callodine Commercial Finance | Managing Director | Feb 2023 to Present | — |
| Callodine Commercial Finance | Principal | Mar 2021 to Feb 2023 | — |
| Wells Fargo Capital Finance | Director - Retail Finance Division | Apr 2015 to Mar 2021 | — |
| Salus Capital Partners | Vice President - Underwriting Sponsor, Loan Originations | May 2013 to Apr 2015 | Vice President, Underwriting Sponsor, Loan Originations at Salus Capital responsible for assisting in the structuring of all loan originations with a focus on prefund analytics and diligence. Prior to... |
| GE Capital | Assistant Vice President - Retail Finance, Risk Management | May 2010 to May 2013 | — |
| GE Capital | Associate - Retail Finance | Dec 2008 to May 2010 | — |
| GE Capital | Business Analyst - Retail Finance | Aug 2007 to Dec 2008 | — |
| GE Capital | In-Charge Investment Analyst | Sep 2006 to Aug 2007 | — |
| GE Capital | Investment Analyst | Jun 2005 to Sep 2006 | — |
Education
Bentley University
Bachelor of Science (B.S.), Accounting and Finance
2001 — 2005
Others at Callodine Capital Management, LP (11)
| Name | Role | Location |
|---|---|---|
C Caitlin Sanders | Managing Director - Originations | Boston, MA , United States |
J Joe Harney | Managing Director | Boston, MA , United States |
| Senior Managing Director, Head of Origination | MA , United States | |
M Matthew Masucci | Senior Analyst | Boston, MA , United States |
| Partner, Investment Analyst | Winter Park, FL , United States | |
| Senior Analyst | Boston, MA , United States | |
| Principal | Boston, MA , United States | |
| Managing Director | Manhasset, NY , United States | |
| Vice President of Business Development | Boston, MA , United States | |
| Managing Director | London, United Kingdom |