The Loan Syndications and Trading Association stated it welcomed Thursdays 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 Capital hired two investment professionals and opened an office in San Francisco as part of its expansion into late-stage lending.
Hyun Chang and Michael Meagher joined Golub Capital as managing directors and will focus on middle market transactions. They will be based in Golubs New York office.
Thomas Goila has joined Portland, Ore.-based firm Aequitas Capital as senior managing director of private credit and private equity.
Fifth Street Management hired Todd Owens as co-president and member of the firms managing committee. He was most recently a managing director and partner at Goldman Sachs.
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 International has hired a former Goldman Sachs investment banker to take charge of leveraged finance in Europe, Leveraged Finance News has confirmed.
Shenkman Capital Management acquired a team of high yield investment professionals from Brookfield Investment Management.
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 Bancorp (NBBC) in Greensboro, N.C., has hired six commercial bankers to run its new middle-market banking group.