Mitsubishi UFJ Financial Group, Inc. (MUFG) announced that Scott McLallen has joined MUFG as a Managing Director in the bank’s Private Equity Sponsor coverage group. 

Based in New York, he is scheduled to begin on January 14.

McLallen will report to Matt Maley, who was hired in 2018 as the Head of MUFG’s Private Equity Sponsor coverage team. The group is part of MUFG’s Corporate Advisory for the Americas unit. 

"Scott’s experience and depth of industry knowledge will be crucial components as we continue expanding our coverage of financial sponsors," Mr. Maley said. "We are excited to have Scott join our team and help us drive our initiatives forward in this important sector.”

With more than two decades of industry experience, McLallen joins MUFG from SunTrust Robinson Humphrey, where he worked for nearly eight years as a Managing Director in the bank’s Financial Sponsors Group. McLallen also spent time as a Managing Director at Portico Capital, and spent eight years in private equity as a Principal at Monitor Clipper Partners and Leeds Equity Partners.  Earlier in his career, McLallen worked at Donaldson, Lufkin & Jenrette where in the firm’s Leveraged Finance group. 

“Building our Financial Sponsor coverage group remains a high priority for MUFG, and bringing Scott on-board is the most recent example of our commitment to this vital franchise,” said Robert Smock, MUFG’s Head of Corporate Advisory for the Americas. “Under the leadership of Matt and Scott, I am confident these two experienced leaders will grow this business as we seek to bring strategic ideas and capital to support sponsor investments.” 

MUFG’s Financial Sponsor practice shares a close relationship with the bank’s Leveraged Finance group. Grant Moyer, Head of Leveraged Capital Markets at MUFG Securities, said: "Mr. McLallen’s background in both Financial Sponsors and Leveraged Finance will further solidify the bridge between our two businesses as we continue to seek ways to add value to our clients.”