Lloyds Bank Wholesale Banking & Markets’ Acquisition Finance team has made a number of senior promotions. Mark Craig has been appointed as managing director, responsible for the origination of larger transactions and Joëlle Antmann and Riëlla Hollander have become senior directors in the division’s Paris and Amsterdam offices respectively.
Lloyds Bank Wholesale Banking & Markets’ Acquisition Finance team has made a number of senior promotions.
Mark Craig has been appointed as a Managing Director, responsible for the origination of the larger transactions, while Joëlle Antmann and Riëlla Hollander have become Senior Directors in the division’s Paris and Amsterdam offices respectively.
Mark Craig joined Acquisition Finance in 2006 as a Senior Director and played a key role in establishing the bank as a market-leading player in leveraged finance by developing its large origination capability. He previously worked for four years in roles within the wider Lloyds Banking Group and, prior to these, spent three years in mergers and acquisitions at Société Générale. Mark is a Chartered Accountant.
As a Managing Director, he will work with London and continental Europe-based directors to originate and execute leveraged loans throughout Europe.
Joëlle Antmann leads origination for Acquisition Finance in France, where the bank has a four-strong team. She joined as a Director in 2003, having been active in the London leveraged finance market for eight years with UBS, WestLB and Bear Stearns.
She has been instrumental in funding some of France’s key buyouts in recent years including BC Partners’ acquisition of Spotless Group and Bridgepoint’s acquisition of Histoire d’Or.
Riëlla Hollander heads up the division’s Amsterdam office with responsibility for deal origination and structuring in the Benelux and Nordic regions. She was appointed as an Associate Director in 2000 and was promoted to Director in 2004.
Riella has played key roles in funding some of the region’s landmark deals, including Bain Capital’s MBO of IMCD in January 2011, for which Acquisition Finance acted as global coordinator, and CVC Partners’ leveraged buyouts of Ahlsell AB Group in January 2012 and Raet in October 2011
All three will report to the Head of Acquisition Finance, Ian Brown.
In addition, Ivo Kroschel, based in Acquisition Finance’s Frankfurt office, and Emeric Hudault and Matthew Ward, both located in London, have been promoted from Associate Director to Director positions. Meanwhile, Associate Director Rob Klijn has joined the Amsterdam office from the bank’s London-based Credit team to further support origination in the Benelux and Nordic regions.
Ian Brown said: “Mark, Joëlle and Riëlla have exemplary track records in securing mandates for and leading the structuring of leveraged loans in their respective geographies.
“They, alongside the wider team, have contributed significantly to our strong market position in the large buyout segment in Europe, where, over the last six years, we have emerged as a leading provider of senior debt facilities, acting as sole and joint underwriter in a number of key deals.
“Despite continuing uncertainty surrounding larger private equity transactions in Europe given syndication and pricing challenges, our highly skilled origination and structuring teams, relationship-based approach and focus on credit quality continues to enable us to back sponsors and their portfolio companies with well-structured leveraged debt to drive value creation. This is illustrated by our market-leading position during the first three months of this year.”
Lloyds Bank’s Acquisition Finance team was ranked as the leading underwriter of leveraged loans to support private equity-backed transactions in Europe in Q1 2012 by Bloomberg. It underwrote over USD$800 million of leveraged finance in four deals, securing 11 per cent market share in the first three months of the year.