People and Firms

LSTA: No “Practical Benefits” From Barr Bill Passage

The Loan Syndications and Trading Association stated it welcomed Thursday’s passage of a U.S. House bill that would effectively exempt older CLOs from Volcker Rule treatment, but the trade group was “doubtful” there will be any industry gains from the measure

Golub Expands into Late-Stage Lending

Golub Capital hired two investment professionals and opened an office in San Francisco as part of its expansion into late-stage lending.

Golub Adds Two Managing Directors

Hyun Chang and Michael Meagher joined Golub Capital as managing directors and will focus on middle market transactions. They will be based in Golub’s New York office.

Aequitas Adds Goldman Vet as Managing Director

Thomas Goila has joined Portland, Ore.-based firm Aequitas Capital as senior managing director of private credit and private equity.

Fifth Street Adds Co-President

Fifth Street Management hired Todd Owens as co-president and member of the firm’s managing committee. He was most recently a managing director and partner at Goldman Sachs.

Former Congressional Leader Joins Moelis & Co.

Former House Majority Leader Eric Cantor has been hired by New York investment bank Moelis & Co. Cantor's jump comes after a 12-year career serving in Congress.

Advent Hires Goldman Vet for Euro Finance

Advent International has hired a former Goldman Sachs investment banker to take charge of leveraged finance in Europe, Leveraged Finance News has confirmed.

Shenkman Capital Adds European HY Team

Shenkman Capital Management acquired a team of high yield investment professionals from Brookfield Investment Management.

Aristotle Credit Partners Adds Managing Director

Los Angeles-based credit investment firm Aristotle Credit Partners hired Hugh Costello as a new managing director who will focus on institutional sales and marketing.

NewBridge in North Carolina Launches Middle-Market Division

NewBridge Bancorp (NBBC) in Greensboro, N.C., has hired six commercial bankers to run its new middle-market banking group.

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