Randy Lederman, a veteran corporate finance and business development specialist, was named business development director of AloStar Capital Finance with responsibility for the New York City region.
Lederman will focus on raising the visibility of AloStar Capital Finance by building relationships with intermediary partners, private equity sponsors, fellow lenders and specialty finance companies, which in turn will increase opportunities for clients in the region.
“This is an exciting time to join AloStar, with their expansion of services and recent merger with State Bank & Trust Company,” Lederman said. “There are ample opportunities for AloStar to pursue fruitful partnerships and I look forward to leading that charge.”
Lederman brings experience in business development, leveraged finance and bankruptcy/restructuring to AloStar. Most recently, he served as director in Cowen’s Special Situations Group in New York City. At Cowen, Lederman was responsible for sourcing and executing distressed investment banking transactions for both debtors and creditors. Prior to Cowen, Lederman spent time at various middle market investment banks, and began his career as an analyst in Bank of America’s Liability Management Group.
Lederman is an active member of the Turnaround Management Association, Commercial Finance Association and the Association for Corporate Growth.