In a Q&A with ABF Journal, Dwayne L. Hyzak of Main Street Capital discusses private equity’s evolving relationship with asset-based lending and how an increase in direct lending activity and combination financing with debt and equity is changing the commercial lending landscape overall.
SVB Leerink added Thad Davis to the firm as a senior managing director. Davis will be part of the team leading SVB Leerink’s leveraged finance franchise.
Align Capital Partners hired James Moss and Angus Anderson as vice president and operations director, respectively. Additionally, Align Capital Partners promoted Matt Iodice to principal and Katie Noggle to managing director of business development.
Winston & Strawn added Andy Hutchinson as a partner in the firm’s Chicago office and as a member of its global leveraged finance team.
Alvarez & Marsal appointed Hameer Vaid a senior director in the firm’s private equity performance improvement group in New York. Before joining A&M, Vaid spent six years with PwC’s real estate advisory practice in New York.
Mitsubishi UFJ Financial Group hired two managing directors for its leveraged finance platform. Todd Bondy will serve as head of high yield trading and Ryan Munro will serve as head of leveraged syndicate. Both will be based in New York and are scheduled to join the firm in April.
Ares Management won four awards from Private Debt Investor and Private Equity International, including Global Fund Manager of the Year, BDC of the Year (Americas), Distressed Debt Investor of the Year (Asia- Pacific) and Lender of the Year (North America).
J.P. Morgan Asset Management launched two hedged equity funds: JPMorgan Hedged Equity 2 and JPMorgan Hedged Equity 3. Both funds will seek S&P 500 equity exposure while hedging overall market risk relative to traditional long-only equity strategies.
Thoma Bravo, a private equity investment firm focused on the software and technology-enabled services sector, supported Zipari’s combination with Healthx through an investment valuing the company at more than half a billion dollars.