MUFG Continues to Grow Leveraged Finance Platform | News

Melissa M. Taylor

Garret Rowan to be a part of as Head of Leveraged Personal loan Investing Mike Macchia to be part of Leveraged Finance Product sales workforce

NEW YORK, June 27, 2022 /PRNewswire/ — Mitsubishi UFJ Money Team (MUFG) declared these days the employing of two Administrators for its leveraged finance system: Garret Rowan will join as Head of the Leveraged Personal loan Investing group, and Mike Macchia will join as a salesperson in Leveraged Finance Product sales. Both will be centered in New York.

“Leveraged finance is one of our critical focus locations for MUFG, and is crucial to the sustainable achievement of our agency,” mentioned Regional Govt and CEO for the Americas Kevin Cronin. “Our ambition is for MUFG to grow to be a prime company-banking personal debt home in the Americas throughout the credit history spectrum through our entire-lifecycle small business model—from origination to distribution and secondary investing.”

Mr. Rowan will report to Steven Feinberg, Head of Credit rating Investing, and will get the job done carefully with both equally MUFG’s Personal debt Capital Marketplaces group as nicely as the CLO Origination and Investing groups as the lender continues to grow its Leveraged Financial loan footprint.

On the Leveraged Finance Revenue workforce, Mr. Macchia will target primarily on leveraged loans and developing out MUFG’s distribution system for the two principal and secondary gross sales. He will report to Tim Fischer, Head of U.S. Profits for Leveraged Finance.

“Mike and Garret bring a complementary mix of track record and know-how, and we are enthusiastic to welcome them to our crew,” stated John Karabelas, Head of Institutional Trader Gross sales for the Americas. “This continued strategic expansion of our leveraged finance platform solidifies our determination to growing in the secondary investing space and to serving our clients. We will keep on increasing our leveraged finance capabilities, which is a vital part of our advancement method.”

The two Mr. Rowan and Mr. Macchia be part of MUFG from UBS. Mr. Rowan was a Director in the Par Loan Investing team, responsible for sector producing and driving client interactions. Prior to UBS, he was a mortgage trader at equally Deutsche Lender and US Bancorp. Mr. Macchia has extra than 20 yrs of skilled encounter as both an trader and as a salesperson on the promote facet. At UBS, he oversaw some of the most significant bank loan accounts as effectively as distressed and high-yield buyers. Before in his job, Mr. Macchia held positions at Deutsche Bank, Nomura, and GE Cash Americas.

Mr. Rowan and Mr. Macchia are the most current in a succession of latest additions to MUFG’s leveraged-finance system. Very last calendar year, Todd Bondy joined as Head of High-Produce Investing, and Ryan Munro as Head of Leveraged Syndicate. Each are Controlling Administrators primarily based in New York.

Press contact:

Oksana Poltavets   

(646) 767-1326

[email protected]

About Mitsubishi UFJ Economical Team, Inc.’s U.S. Functions together with MUFG Americas Holdings Corporation

The U.S. functions of Mitsubishi UFJ Financial Group, Inc. (MUFG), one of the world’s top economical teams, has overall property of $332.4 billion at March 31, 2022. As aspect of that complete, MUFG Americas Holdings Company (MUAH), a money keeping corporation, financial institution holding enterprise, and intermediate keeping company, has whole assets of $159.2 billion at March 31, 2022. MUAH’s main subsidiaries are MUFG Union Lender, N.A. and MUFG Securities Americas Inc. MUFG Union Lender, N.A. gives a vast variety of fiscal companies to shoppers, small corporations, middle-sector businesses, and big companies. As of March 31, 2022, MUFG Union Financial institution, N.A. operated 297 branches, consisting generally of retail banking branches in the West Coast states. MUFG Securities Americas Inc. is a registered securities broker-dealer which engages in capital marketplaces origination transactions, domestic and overseas credit card debt and equities securities transactions, non-public placements, collateralized financings, and securities borrowing and lending transactions. MUAH is owned by MUFG Financial institution, Ltd. and Mitsubishi UFJ Monetary Team, Inc. MUFG Lender, Ltd., a wholly owned subsidiary of Mitsubishi UFJ Economical Group, Inc., has offices in Argentina, Brazil, Chile, Colombia, Peru, Mexico, and Canada. Take a look at www.unionbank.com or www.mufgamericas.com for more info.

About MUFG

Mitsubishi UFJ Financial Group, Inc. (MUFG) is 1 of the world’s major money teams. Headquartered in Tokyo and with about 360 a long time of historical past, MUFG has a world wide community with close to 2,500 areas in far more than 50 international locations. The Group has about 170,000 staff members and delivers services like business banking, have faith in banking, securities, credit cards, shopper finance, asset administration, and leasing. The Team aims to “be the world’s most trustworthy economic group” through near collaboration amid our functioning firms and flexibly respond to all of the monetary demands of our customers, serving culture, and fostering shared and sustainable growth for a much better world. MUFG’s shares trade on the Tokyo, Nagoya, and New York stock exchanges. For much more information and facts, take a look at https://www.mufg.jp/english.

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