Amalgamated Capital has tapped Mary D’Souza to be its business development officer. She will report to Robert Love, who directs the AmalCap division. D’Souza was an MD with GE Capital in New York.
Amalgamated Capital (AmalCap), the New York-based leveraged finance and asset-based lending division of Amalgamated Bank, has appointed Mary D’Souza as its Business Development Officer. Ms. D’Souza, who brings 17 years of experience, is a highly skilled finance professional, and she will be responsible for building strong alliances between AmalCap and private equity funds, banks, business development companies, commercial and industrial firms, and companies that provide alternative sources of capital. She will report to Robert Love, who directs the AmalCap division.
Ms. D’Souza was a Managing Director with GE Capital in New York, where her accomplishments included launching the company’s Second Lien/Mezzanine initiative and helped make the unit a leading force in the junior capital space. She also played a significant part in structuring and placing of debtors-in-possession, EXITS, and restructuring financings.
In welcoming Ms. D’Souza, Mr. Love said, “Mary brings to us substantial experience in originating, analyzing, structuring, and placing debt and equity securities gained at the leading financing firms. She has built deep and solid relationships with private equity, hedge, distressed and mezzanine funds as well as banks that serve middle and lower middle market companies. An industry generalist, Mary has completed transactions with corporations in the manufacturing, services, airlines, energy, media, healthcare and shipping sectors.”
About Amalgamated Capital
Amalgamated Capital, the leveraged finance division of Amalgamated Bank, offers both leveraged cash flow-based and asset-based financing to support investments made by private equity sponsors. The senior secured credit facilities that AmalCap offers finance the ownership positions taken by private equity sponsors in high quality, lower middle market and middle market companies across the United States. Borrowers operate in a diverse array of industry sectors and generally have annual revenue ranging from $15 million to $150 million and EBITDA of $3 million to $20 million. Visit AmalCap at www.amalcap.com.
About Amalgamated Bank
Established in 1923 by the Amalgamated Clothing Workers of America, Amalgamated Bank continues the progressive traditions of its founders as the only union-owned bank in the United States. Chartered by New York State, Amalgamated Bank is an FDIC insured commercial bank. In addition to Amalgamated Capital™, the Bank’s corporate divisions include Investment Management, Commercial Banking, and Commercial Real Estate Finance, and Amalgamated’s Retail Division has 25 branches. This includes 20 locations in New York City as well as branches in: Las Vegas, Nevada; Lyndhurst, New Jersey; Pasadena, California, and Washington, D.C. Visit www.amalgamatedbank.com. Also, follow Amalgamated Bank on Facebook and Twitter.