Maranon adds principal to team and promotes another to VP

Maranon Capital has added Theresa D. Mozzocci as a principal and promoted Andrew C. Eshelman to vice president. Mozzocci’s previous work experience includes stints at Cantor Fitzgerald Investment Advisors and Crestline Investors. And, prior to joining Maranon, Eshelman worked at Bank of America Merrill Lynch’s investment banking group.

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Apax Partners offers to buy Norwegian IT firm EVRY

Apax Partners has agreed to make a cash offer of 16 kroner per share for EVRY. ABG Sundal Collier is serving as financial advisor to EVRY while Bank of America Merrill Lynch and DNB Markets are financial advisors to Apax. Based in Norway, EVRY is an IT services provider.

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Sikich Investment Banking boosts capital markets team with a hire

Sikich Investment Banking has hired Ryan Hampton as a director on its capital markets team. Previously, Hampton worked at Clark Dodge & Company/Advanced Equities where he served as vice president of investment banking. He is also a former vice president at Bank of America Merrill Lynch.

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Lenders cowed by Fed rebuke on US leveraged loans: IFR

The Federal Reserve’s rebuke to Credit Suisse for failing to adhere to US leveraged lending guidelines is having an industry-wide effect as banks bow to regulatory pressures and start pulling back from underwriting highly leveraged loans, according to sister magazine Reuters IFR.

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Context Relevant nabs $13.5 mln

Context Relevant has raised $13.5 million in Series B-1 funding. The investors were Goldman Sachs, Bank of America Merrill Lynch, Formation 8, New York Life and Bloomberg Beta. In addition to the funding, Don Duet, global co-head of Goldman Sachs’ technology division, has been added to Context Relevant’s advisory board. Based in Seattle, Context Relevant is a provider of predictive analytics.

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Brown Jordan buys Tropitone Furniture

Brown Jordan International, which is backed by Crescent Capital Group, said Monday it has acquired Tropitone Furniture. Financial terms weren’t announced. Pfingsten Partners, in 2007, led a buyout of Tropitone, a seller of outdoor casual furniture. The deal was financed by cash on hand as well as debt financing from AIG Investments and Bank of America Merrill Lynch. Moelis & Company was the financial advisor and debt placement agent to Brown Jordan. Intrepid Investment Bankers advised Tropitone.

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SunTrust Robinson Humphrey hires four to capital markets team

SunTrust Robinson Humphrey has hired four finance industry executives to its capital markets team. The firm hired Ron Caldwell and Akis Psarris as managing directors, and Ricardo Simon and Matt Holbrook as directors. Caldwell joins SunTrust Robinson as head of Healthcare Syndicated & Leveraged Finance after 14 years at Bank of America Merrill Lynch. Psarris has joined the firm’s Liability Management practice from Lloyds Bank. Simon, who will head up SunTrust Robinson’s Commercial Real Estate & REIT Syndicated Finance practice, came from Wells Fargo, and Holbrook joins the Syndicated & Leveraged Finance group from Bank of America Merrill Lynch.

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Macquarie Capital adds two to team

Macquarie Capital, the corporate advisory and capital markets arm of Macquarie Group, has hired David McShane as a senior managing director and US head of equity capital markets. The firm has also named John Kent as a managing director. Previously, McShane worked at Bank of America Merrill Lynch where he was the managing director and head of US energy and power equity capital markets. And, prior to joining Macquarie, Kent worked at LCT Capital.

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Banks face U.S. fines over LBO loans: Reuters

Wall Street banks are bracing for a clampdown and even fines if regulators determine they have violated guidelines aimed at stamping out reckless underwriting on leveraged buyout debt, according to Thomson Reuters International Financing Review and Thomson Reuters Loan Pricing Corp.

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Liberty Hall acquires McCann Aerospace Machining

Liberty Hall Capital Partners said Wednesday that it has acquired McCann Aerospace Machining. No financial terms were disclosed. Bank of America Merrill Lynch provided financing for the transaction while Stifel and Patton Boggs advised McCann. McCann is a provider of structural parts and assemblies for the aerospace sector.

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