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.
Bondy will report to Steven Feinberg, head of micro trading and co-head of flow products for MUFG. Munro will report to Brian Cogliandro, head of debt syndicate for the Americas for MUFG, and assume responsibility for the syndicate and capital markets role for leveraged loans and high yield bonds.
“Given MUFG’s position as a leading lender on the global stage, it is a natural step for us to grow our footprint in the primary and secondary credit markets,” Feinberg said. “We will continue expanding our leveraged finance capabilities and believe they are a critical part of our growth strategy.”
Bondy will join MUFG from RBC Capital Markets, where he served as a senior high yield trader. Before then he served in senior high yield trading roles at Goldman Sachs and PEAK6 Capital Management. Bondy also oversaw the telecom, media and technology trading group at Merrill Lynch.
Munro will join MUFG from Goldman Sachs, where he served in a senior role in the firm’s leveraged finance capital markets and syndicate group. He previously held positions in leveraged and acquisition finance at UBS, Royal Bank of Scotland and JPMorgan.
“With multiple decades of capital markets experience — in the leveraged finance space in particular — Todd and Ryan round out our platform,” Raj Kapadia, international head of capital markets for MUFG, said. “Their addition is a cornerstone for MUFG in becoming a top corporate banking debt house in the Americas across the credit spectrum through our full life cycle business model — from origination to distribution and secondary trading.”
Bondy and Munro are the latest in a succession of new additions to MUFG’s leveraged finance platform over the past year, including Tim Fischer, who joined in January 2020 as head of U.S. leveraged finance sales; Marc Lavine and Diane Wright, who were hired as directors of leveraged finance sales in 2020; Feinberg, who joined in September 2020; and Kapadia, who started in January 2021.