© 2026 Arizent. All rights reserved.

ABS

Citadel to Launch Lev Finance Unit

Published 1 Min Read

Citadel Investment Group will launch a leveraged finance group in October, the Chicago-based hedge fund confirmed. The new unit will be part of its Citadel Securities division and will be based in New York.

The firm had been building a team with leveraged finance veterans for some months. Citadel hired former Merrill Lynch alums Carl Mayer and Brian Maier in May to head leveraged finance and industry groups, respectively.

Rohit D’Souza, previously Merrill’s head of global equities and America’s global markets, is Citadel’s CEO; Todd Kaplan, who ran Merrill’s capital markets business, is the firm’s head of investment banking.

Citidel’s trading desk will trade loans, bonds and derivatives. The firm has already begun advising companies on deals.

Citadel Investment Group manages approximately $13.5 billion.

For reprint and licensing requests for this article, click here.

More From Asset Securitization Report

NewStar Adds to Lev Finance Group

NewStar Financial said it added Mark Denomme as a managing director for its leveraged finance group. Denomme will be based in the firm’s Boston office and will work to generate financing business with mid-sized companies, private equity firms and middle market investors. Denomme was most recently a managing director at Hercules Technology Growth Capital, where […]

Barclays Names Langley, McGrath to Lead Global Finance

Barclays said today it named John Langley and Joe McGrath co-heads of the global finance and risk solutions business within the firm’s investment banking division. Both will report to Hugh “Skip” McGee, head of global investment banking, and will join the investment banking division’s executive committee, effective immediately. They succeed Larry Wieseneck, who was appointed […]

Ally Names Lev Loan Director

Ally Commercial Finance added a new director that will focus on working with financial sponsors and handle leveraged loans, the firm said. Ally said that Jaron Stern has joined the company as a director. Stern will be focused on business development with equity sponsors and intermediaries. He will handle leveraged loans and be focused on […]