PHILADELPHIA, Sept. 7, 2011 /PRNewswire/ --
LBC Credit Partners, a leading provider of financing solutions to middle market companies, today announced several promotions and new hires that reflect the firm's continued growth in the middle market space. John Jadach has been promoted to Director in the firm, while Jonathan Schor and Michael Hertz have each been promoted to Senior Associate. The firm also announced the hiring of Ryan Adams and Michael Gordon as Analysts in research and underwriting.
John Jadach joined LBC in 2010 as a Vice President in deal execution. Since his hiring he has been instrumental in executing over $350 million in new transactions and portfolio refinancings.
Jonathan Schor has been an Analyst in LBC's portfolio group since joining the firm in mid 2008. Over that time he has assumed primary responsibility for 10 credits totaling over $250 million in outstandings.
Michael Hertz also joined LBC in 2008 as an Analyst, where he has underwritten $200 million in new transactions. He has also contributed to LBC's internal quantitative analytical efforts by designing several models used by the firm for portfolio management purposes.
New hires Ryan Adams and Michael Gordon will now be responsible for underwriting new transactions, supporting portfolio managers and contributing to LBC's overall research efforts. Prior to joining LBC, Ryan Adams was a Senior Investment Analyst at John Hancock in Boston, where he was responsible for covering the paper and forestry industries for the insurance company's proprietary investment portfolio. He holds a B.A. in mathematics from Colby College and is a CFA Charterholder. Prior to joining LBC, Michael Gordon was an Analyst with Citigroup's Finance and Strategy Group in New York, where he was responsible for tracking the investment banking division's financial performance. He holds a B.S. in finance from Villanova University.
"We are happy to welcome Ryan and Michael, two outstanding young analysts to help support our senior investment professionals and underwriters," said Tod Trabocco, a Managing Director at LBC. "We also congratulate John, Jon and Mike Hertz on their promotions."
LBC Credit Partners is a leading provider of middle market financing solutions including senior term, unitranche, second lien, junior secured, and mezzanine debt; and equity co-investments. For additional information please visit www.lbccredit.com.
SOURCE LBC Credit Partners