Daily News: July 30, 2014

Full Circle Capital Adds Houlihan Lokey’s MD to Board

Full Circle Capital announced it appointed Terence “Tad” Flynn to its board of directors, thereby expanding the board of directors to six members. Flynn will also serve on Full Circle Capital’s Audit Committee, Nominating and Corporate Governance Committee, and Compensation Committee.

“Tad Flynn brings a strong set of skills, experience and insight to Full Circle Capital’s Board of Directors. We look forward to his contributions to Full Circle Capital as we continue to expand our platform and capabilities,” commented Gregg J. Felton, president and co-CEO of Full Circle Capital.

Flynn, 53, is a managing director at Houlihan Lokey, where he serves as Head of Asset Management Services. Previously, he co-founded the firm’s Capital Markets practice. Flynn is based in Houlihan Lokey’s New York office. Before joining Houlihan Lokey in 2009, Flynn was the head of the Alternative Capital Markets Group at UBS, where he headed the firm’s efforts in raising private alternative capital for public and private clients. Prior to taking on this mandate, he was a managing director in the Equity Capital Markets Group, having joined UBS in 2001. From 1998 to 2001, Flynn founded and ran Phoenix Media Group, a hybrid old-new media music firm focused on the aggregation of copyrighted material.

From 1993 to 1998, Flynn served in various roles at Salomon Brothers, where he established the corporate equity derivative group and managed the combined convertible capital markets and corporate equity derivative group. In 1995, he was named the deputy head of Salomon’s Global Equity Derivatives. Flynn began his career at Bankers Trust in 1983 in the corporate finance department and subsequently became a member of its derivatives group and founded the municipal derivative effort. While at Bankers Trust in 1986, he joined the emerging markets group, and from 1987 through 1989, he ran the corporate finance arm of emerging markets. In 1990, he rejoined Bankers Trust’s derivatives group focusing on equity derivatives. Flynn also serves on the board of directors of Lone Pine Resources, a Calgary-based energy firm.