Macquarie Capital, the corporate advisory, capital markets and principal investment arm of Macquarie Group has appointed Timothy Alden as a managing director. Alden will co-head the firm’s aerospace, defense and government services coverage alongside co-head Jeremy Parker.
Macquarie Group agreed to purchase troubled lessor Waypoint Leasing for approximately $650 million. Ankura Trust is acting as administrative agent on a $45 million DIP facility to support the transaction.
Katan D’Souza joined Macquerie Capital as a managing director in its North American telecommunications, media and technology business. Based in Chicago, D’Souza will report to head of TMT David Dorfman.
Macquarie Capital hired Sean McCarthy and Chris Holt as managing directors in its North American TMT business. They will report to David Dorfman.
Macquarie Group appointed David Lipschitz as a senior analyst in equities research within its Commodities and Global Markets group.
ORBCOMM said it entered into a credit agreement providing up to $160 million with Macquarie Group. The loan facilities will carry an interest rate of LIBOR plus a margin of 475 basis points.
Macquarie announced that Andrew Guida has joined Macquarie Capital as a managing director focused on Bank & Thrift and Specialty Finance with the Financial Institutions group, based in the firm’s NY office.