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New look corporate finance division has merged M&A and sponsor coverage
Private credit lender hires to build impact, capital solutions and NAV strategies
Permanent successor not appointed yet
The hire aims to strengthen the bank's middle market direct lending platform
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Investment banks' revenues from leveraged finance in Europe rose 146% to $537m in the first quarter from the first quarter of 2016, as the high yield market surged back into life and loan refinancings were ubiquitous.
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Investec has added another banker to its corporate and acquisition finance team, to work on leveraged finance and private debt deals.
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Sumitomo Mitsui Banking Corp has beefed up its loans distribution team for Asia, in line with its objective to build its capabilities in the business.
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Senior loans banker Sean Joseph left ANZ Bank on Friday, according to a source close to the matter.
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Mimi Cheng, chief representative of First Gulf Bank in Hong Kong, has left the firm less than a year after taking over the position.
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Barclays’ head of EMEA leveraged capital markets is set to leave the bank, according to sources with knowledge of the matter.