Macquarie Capital makes four senior appointments to enhance leveraged finance business
New York, 14 Oct 2019
- Vincent Repaci to head asset-based lending group as Managing Director
- Matt Magnuson named Managing Director, Head of Credit Analytics
- Chad Hersch, Jodi Joskowitz appointed to senior trading, sales roles
Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group (ASX: MQG; ADR: MQBKY), today announced that it has appointed Vincent Repaci as Managing Director and head of a new asset-based finance group, along with several other senior appointments within its Debt Capital Markets business.
Mr. Repaci will lead a team that provides asset-based lending solutions for financial sponsors and corporate clients supporting LBOs, refinancings and restructurings. He joins Macquarie Capital from UBS, where he established and headed that firm’s asset-based lending business. His appointment joins three others recently by Macquarie Capital to strengthen its leveraged finance platform.
Matthew Magnuson has joined the firm as a Managing Director and Head of Credit Analytics. He joins Macquarie Capital from Loews Corporation, where he was most recently a portfolio manager focused on fundamental credit analysis targeting a wide spectrum of credit investments, including par loans, event-driven credit, both stressed and distressed.
In addition, Chad Hersch has joined Macquarie Capital as a credit trader and Senior Vice President, bringing 15 years of leveraged loan trading into the role. Jodi Joskowitz was appointed a Senior Vice President and credit salesperson. She has 20 years of experience in leveraged finance.
“The creation of our asset-based lending group will allow us to deliver additional products to our clients that are a natural extension of our current leveraged finance platform,” said Stephen Mehos, Senior Managing Director and Head of Debt Capital Markets, Americas and Europe at Macquarie Capital. “That group, along with the other senior appointments announced today, reflect our continued investment in and expansion of Macquarie Capital’s Debt Capital Markets business.”
The growing leveraged finance business complements the direct lending capabilities of Macquarie Capital’s Principal Finance group. Together, they provide a holistic suite of financing solutions, allowing Macquarie Capital to flexibly address the capital needs of financial sponsors and middle-market corporate clients. Macquarie Capital has significantly expanded in the last several years and recently made several senior-level appointments in both North America and Europe (Fady Lahame, Michael Magliana and Camelia Robu in EMEA), sectors (including Timothy Alden in aerospace, defense and government services, Chris Rutherford in upstream oil and gas, Simon Russell in software and Magnus Scaddan in consumer and retail), coverage areas (Mark Buchanan covering family offices) and emerging growth areas (Oliver Bradley in Digital Infrastructure).
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About Macquarie Group
Macquarie Group Limited (Macquarie) is a diversified financial group providing clients with asset management and finance, banking, advisory and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie employs over 15,700 people globally. At 31 March 2019, Macquarie had assets under management of $391.4 billion. For further information, visit www.macquarie.com.
About Macquarie Capital
Macquarie Capital combines grounded thinking with innovative approaches to develop transformative ideas and realize greater possibilities for our clients – our partners. We look beyond convention to connect our clients with ideas and opportunities others don’t see, while our global platform, specialized expertise and comprehensive services allow us to deliver what others can’t.
Our capabilities encompass corporate advisory and a full spectrum of capital solutions, including capital raising services from equity, debt and private capital markets and principal investments from Macquarie’s own balance sheet. These offerings are reinforced through our deep sector expertise in: business services, consumer, gaming and leisure, financial institutions, green energy, healthcare, industrials, infrastructure and energy, real estate, resources, technology and telecommunications and media sectors across the US with 417 transactions completed, valued at $339 billion in the year to 31 March 2019. https://www.macquarie.com/us/corporate/advisory-and-capital-markets/lookbeyond.