Raven Capital Hired Former Wells Fargo Executive
Los Angeles-based lenders can expect shifts in business development as the firm adds new leadership.
Updated on Oct. 1, 2026 in Corporate Finance
Raven Capital has appointed Thad Sharrett as Senior Managing Director to oversee business development and transaction structuring. Sharrett arrives with 30 years of industry experience, including a 25-year tenure at Wells Fargo.
Why it matters
The addition of a veteran credit executive signifies a scaling effort for a firm that has deployed over $3.4 billion in capital since its 2008 inception. For operators in the Los Angeles area, this move highlights the firm's focus on intensifying its transaction sourcing and deal-making pipeline.
Raven Capital has deployed more than $3.4 billion in lending investments since the firm was founded in 2008. The newly appointed Senior Managing Director brings 30 years of total industry experience, including 25 years previously spent at Wells Fargo.
The players
Raven Capital
A Los Angeles-based investment firm that has deployed more than $3.4 billion in lending capital since 2008.
Thad Sharrett
The newly appointed Senior Managing Director who previously spent 25 years at Wells Fargo, including time as Head of Credit Sales and Trading.
The details
Thad Sharrett will focus on sourcing and structuring transactions as part of his leadership role at the Los Angeles-based firm. He is tasked with leading new business development, a strategic function that leverages his background as the former Head of Credit Sales and Trading at Wells Fargo. This transition involves applying his decades of experience to expand the firm's reach in the credit markets.
Timeline
Raven Capital was founded in 2008.
Thad Sharrett joined the firm on October 1, 2026.
Market Landscape
The hiring of a 25-year veteran marks a deliberate transition for the firm as it scales its operations beyond its 2008 founding roots. This move follows a recurring trend of private credit firms strengthening their business development ranks to compete for complex lending deals.
Business owners should monitor whether this leadership change alters the firm's appetite for specific deal types or risk profiles in the coming quarters. Consult with your commercial banker or capital advisor to understand if these changes impact your existing financing terms or eligibility.
The takeaway
The appointment of a seasoned executive like Thad Sharrett indicates an increased emphasis on transaction volume and complex deal structuring. Operators should track the firm's new business development output as a signal for shifts in the local capital availability landscape.
Further reading
For broader trends in firm leadership shifts, see the Corporate Finance section.
More information
Learn more about the firm's investment scope on the Raven Capital firm website.
