Capitala Group, an asset management firm based in Charlotte, named Kevin Roberts as a senior associate in a press release Friday.

Roberts has been with Capitala Group since 2017, serving as an associate prior to his promotion. Previously, Roberts was the assistant vice president at WEDGE Capital Management L.L.P..

The company also announced that Harrison Pate joined the firm as an associate of Capitala Investment Advisors. Pate was previously an investment banking analyst at Bank of America Merril Lynch.

Capitala group is an investment firm that focuses on lower and traditional middle market businesses. Capitala group operates through its permanent capital vehicles, Capitala Finance Corp. and Capitala Specialty Lending Corp..

Capitala Group has been in operation since 1998, and Capitala Finance Corp. was founded in 2013. Capitala Finance Corp. shares were trading at $8.51 Friday, up 3 cents.