Daily News: February 4, 2014

BNP Paribas CIB Expands Merchant Banking Group – Americas

BNP Paribas Corporate and Investment Banking (CIB) announced the appointments of two managing directors to further enhance its Merchant Banking Group in the Americas and better service its clients. David Gilio will lead the group’s Technology/Media/Telecom team (TMT). L.J. McKay has joined as a generalist team leader. They are both based in New York and report to Bucky Khan, head of Merchant Banking Group, Americas.

“We have been a consistent leader in providing acquisition and buy-out financing as left hand lead/bookrunner for the middle market for over three decades,” said Bucky Khan. “I am happy to have David and L.J. join our team as they bring invaluable expertise to BNP Paribas and will be key players in the growth of the firm’s Merchant Banking Group.”

Gilio has covered the leveraged finance and M&A TMT market for more than 20 years. Before joining BNP Paribas, he was responsible for originating M&A and capital raising opportunities with middle market corporate and private equity firms at several boutique investment banking platforms including Burnham Securities and Princeridge Group LLC. Prior to that, he covered Financial Sponsors, with a specialization in the TMT industry, at RBS Greenwich Capital, TD Securities and Bank of America Securities.

McKay has 17 years of investment banking experience including originating and executing IPOs, leveraged finance and M&A transactions for corporations and private equity firms. Before joining BNP Paribas, McKay was with Stifel Nicolaus’ Financial Sponsors’ group where he covered middle-private equity firms. Prior to that, he worked for the Quadrangle Group, Bank of America and DLJ/Credit Suisse.

The Merchant Banking Group is part of the Corporate Banking Americas business line within CIB. In addition to the New York-based team, the firm has offices in Chicago, Dallas and San Francisco. The Merchant Banking Group’s other five leveraged finance teams in New York are headed by: Richard Cushing, Keith Murray, David Sommer, Dimitri Jobert, and David McCollough. The Chicago office is led by Michael Colias, the Dallas office by Sean Davenport, and the San Francisco office by Bill Heafey. All team leaders report to Bucky, whose career with BNP Paribas spans more than 21 years.