Berkeley Research Group (BRG) hired Jeff Stern as a managing director in its corporate finance practice based in the New York City office. Stern brings over 35 years of asset-based lending (ABL) experience to BRG, building out the firm’s deep expertise on matters related to refinancings, restructurings and loan agreements.
Previously, he had an extensive and accomplished career at J.P. Morgan, where he served as managing director and regional manager and founded the financial institution’s Southwest ABL practice. He has significant experience in negotiating and placing loans with private equity firms, private capital firms and other investment firms, as well as public companies. He graduated with a B.S. in accounting from Loyola University Maryland.
“We are thrilled to have Jeff join our corporate finance team. He brings deep banking, lending and financial experience across industries with a specialty in the retail and energy sectors,” Bob Duffy, a managing director and head of BRG’s corporate finance practice, said. “Having worked for one of the largest commercial banks and executed multibillion-dollar ABL placements, Jeff brings strong leadership, insights and perspectives to BRG and its clients.”
“People are BRG’s strongest asset and growth engine,” Tri MacDonald, principal executive officer and president of BRG, said. “Hiring the most sought-after, capable minds in their respective fields to help BRG achieve both short- and long-term growth aspirations is our goal — and Jeff certainly fits the bill.”
