CapitalSource, a middle market lending firm, intends to add eight to 10 bankers in its New York office within the next year or so. John Delaney, ceo, said the firm is looking to increase both its structured finance effort of eight bankers and its corporate finance group of 14 bankers. He added that since it already has a well staffed corporate finance operation most of the expansion will be on the structured products side.
Delaney said the firm is looking to grow its structured finance unit because it has recently increased its range of products. An ideal candidate for the structured finance group will have real estate lending experience at a Wall Street firm, he added. CapitalSource recently added eight bankers to its New York office.