Wilmington Trust, provider of corporate, institutional and global capital market services, added five new team members to the CLO division – Ann Cung, Jeremy Edmiston, Jack Lindsay, Ana Perkovic and Wolf Thiele. This marks 22 hires thus far in 2022, as the division continues its commitment to attracting top talent to service the thriving CLO marketplace and growing Wilmington Trust client base. They will report directly to Richard Britt, CLO product division leader.
“We are delighted to welcome these professionals with such extensive resumes of experience and success in CLOs,” Britt said. “They bring great knowledge to the Wilmington Trust team, and we look forward to leveraging their capabilities and insights to help us continue delivering the high-quality service our clients have come to expect. Bringing on this group demonstrates our commitment to this space and the significant investment we are continuing to make in our CLO and loan administration division.”
Cung, Lindsay, Edmiston and Thiele join as relationship managers and will be responsible for the transaction lifecycle including client onboarding, account setup, documentation review, KYC liaison, monthly and quarterly compliance and day-to-day client support. The new recruits have extensive experience working with large asset manager clients and will assist the team in simultaneously managing several high-level projects.
Cung, Lindsay and Edmiston join from U.S. Bank and bring a seasoned skillset of relationship management, warehouse administration practices, cash management and collections, deal closing, document review strategy and analytic organization. Thiele, who joins the team from Deutsche Bank, has 15 years of experience managing and reporting all requirements throughout the CLO life cycle.
Cung joins as a CLO transaction manager and will be responsible for reviewing, analyzing and negotiating transactions and governing documents. She joins from Bank of New York Mellon where she managed prominent investment bank relationships alongside internal and external counsel. Additionally, she provided transaction management consultation to internal groups, helped develop strategies to streamline processes and procedures and trained junior colleagues.