Brian Sauvigne has joined Macquarie Capital as a Managing Director in its Financial Sponsors Group, based in New York. He was previously Head of Corporate Development at Morgan Stanley.
Macquarie Group (Macquarie) (ASX: MQG; ADR: MQBKY) today announced that Brian Sauvigne joined Macquarie Capital as a Managing Director in its Financial Sponsors Group, based in New York.
Mr. Sauvigne joins Macquarie with a unique scope of experience working with financial sponsors. He was most recently Head of Corporate Development at Morgan Stanley and was responsible for its global corporate mergers and acquisitions activities. He also worked in the firm’s Financial Sponsors Group, where he was involved in a number of equity, debt, and mergers and acquisition transactions. He was previously a consultant at McKinsey, where he provided senior-level strategic advice to a number of financial sponsors and corporate clients.
Mr. Sauvigne has an M.B.A. from Harvard Business School and a B.A. from Columbia University.
He joins following the appointments of Jorge Mora as US Head of Financial Sponsors and William Baumgart, Managing Directing in Financial Sponsors, in August 2011.
Jorge Mora, Macquarie Capital’s US Head of Financial Sponsors, said: “We continue to grow our business with the financial sponsor community. Brian’s transactional experience and deep relationships across the community is well matched to the needs of our clients, and his consulting background brings an additional dimension of expertise. His appointment adds significantly to our resources and capabilities.”
Year-to-date in the US, Macquarie has committed more than $550 million in equity, preferred equity and mezzanine debt towards client transactions, and underwritten more than $8.5 billion in debt. Recently, the firm advised a number of financial sponsor clients and their portfolio companies, and provided financing solutions to support their strategic goals. Highlighted transactions include:
· Advisor to Kelso on PSAV’s acquisition of Swank Audio Visuals, investing equity and arranging $495 million of senior secured credit facilities
· Joint lead arranger and joint bookrunner on the $450 million financing in support of Platinum Equity’s acquisition of Caterpillar Logistics Services
· Joint lead arranger and joint bookrunner on the $1.5 billion financing in support of Blackstone’s $2.0 billion acquisition of Vivint, Inc.
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie’s main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 13,400 people and has assets under management of over $US353 billion (as of September 31, 2012).