Loren Willet and Lisa Adams joined the PrivateBank as managing directors and relationship managers, delivering asset-based lending solutions to its middle market clients.

Dallas-based Willet will serve the Texas and the South Central region. He joined from Fifth Third Bank, where he was a managing director and team lead. He previously held positions with LaSalle Business Credit and FINOVA Capital.

Adams, who is focused on the Pacific Northwest and Northern California regions, was senior vice president at Newstar Business. She also has held positions at Wachovia Capital Finance, Wells Fargo Capital Finance and Merrill Lynch Capital Healthcare Finance. Adams is based in Portland, OR.