Private debt placement slowed in 2013, but Prudential Capital Group bucked the trend by taking a bigger bite out of the market.
Gregory V. Johnson, a 23-year veteran of Bank of America, joined Global Capital Advisors at the beginning of December.
The business will seek out investment opportunities in the subinvestment-grade and mezzanine debt of middle-market issuers.
Frank Conley, formerly the head of private placements at UBS Securities, left the bank in July.
Bank of America Merrill Lynch held on to its long-running number one spot on the league tables for the first half of 2013, but another bank is nipping at its heels.
River Fuel Trust
South Jersey Industries
Port of Brisbane
Arthur J. Gallagher
SA Power Networks
Government of Aruba
Senior Managing Director and Head of Prudential Capital Group
Firm: Prudential Capital Group
In the news: Prudential Takes Bigger Bite Out of Market