Ed Riley joined Citi Private Bank as head of Equities for the Americas. Riley was previously a managing director with Bank of America Merrill Lynch.
Houlihan Lokey has hired Heather Smith, who joins the firm’s Capital Markets group as a managing director and head of Structure Equity.
In an ABF Journal interview, three active participants share their outlook on the current state of ABL capital markets.
Contributing editor Howard Brod Brownstein talks to five leading ABL capital markets players about market conditions now that the official end of the downturn is four years behind us. All agree that market conditions are extremely competitive — comparable to before the financial downturn — and that this trend will continue for the foreseeable future.
BlackPearl Resources announced that due to recent volatility in the debt capital markets, it has decided not to proceed with its proposed $350 million second-lien senior secured term loan facility at this time.