Carl Marks Advisors added Patrick Flynn to the firm as managing director, responsible for business development and providing financial advisory services.

“I am delighted to have Patrick join our team. His expertise in workouts and distressed situations as a direct lender and principal investor through multiple economic cycles will be an asset to our firm,” said Duff Meyercord, managing partner at Carl Marks Advisors. “We enthusiastically welcome him, and look forward to his contributions as we continue to grow our business.”

Flynn brings more than 20 years of experience in workouts and distressed situations as a direct lender and principal investor for regulated banks and private capital firms including GE Capital, CIT Group and Lone Star Funds’ credit affiliate, LStar Capital. He has served on creditor committees as a director, observer, or shareholder of more than 20 companies.

New York-based Carl Marks Advisory Group is a corporate restructuring and investment banking firm serving middle-market companies, provideng an array of investment banking and operational services, including mergers and acquisitions advice, sourcing of capital, financial restructuring plans, strategic business assessments, improvement plans and interim management.