CBAM, an alternative investment management firm, added Mike Manfred as managing director and head of capital markets. In this role, Manfred will focus on CBAM’s relationships with financial sponsors and banks, among broader capital markets responsibilities. Manfred will officially join CBAM in November.
Manfred was previously a managing director in the leveraged finance group at Morgan Stanley. Among his responsibilities, Manfred oversaw the structuring and origination of non-investment grade debt solutions in the healthcare sector. Prior to Morgan Stanley, Manfred worked in the syndicated and leveraged finance group at J.P. Morgan. In these roles, Manfred spent more than 11 years developing strategic relationships with corporates, private equity firms and institutional investors.
“Bringing on Mike, with his depth of expertise and relationships, is an exciting development for CBAM,” Mike Damaso and Don Young, partners and co-founders at CBAM, said in a joint statement. “Building on our strength in managing credit portfolios for clients, we are proud of our growing role in devising and executing tailored financing solutions for borrowers. Mike will be pivotal in helping us deepen our sponsor and bank engagement and accelerate and expand our efforts in this area. This, in turn, will enable us to be a partner of choice in the leveraged finance market and help us to continue producing strong risk-adjusted returns for our investors.”
In addition to managing $13.1 billion of assets under management across multiple credit vehicles, CBAM has completed approximately $2.6 billion of underwriting, bridge financing and other capital market transactions over the past three years.
CBAM Partners, an Eldridge business, is an investment management firm and SEC-registered investment adviser.
