DFG Investment Advisers, Inc., a leading alternative credit asset manager with approximately $5.7 billion in assets under management, announced that John Hwang has joined the firm as a Director and Senior Credit Analyst on its Leveraged Credit Team. In this role, Mr. Hwang is responsible for analyzing below-investment grade credit with a focus on leveraged loans for the Vibrant collateralized loan obligation (“CLO”) platform. Previously, Mr. Hwang served as a Senior Vice President at Crescent Capital Group LP.
“John is a highly accomplished senior analyst with nearly two decades of experience in leveraged credit markets,” said Volkan Kurtas, DFG’s Founder and Chief Investment Officer. “His deep understanding of leveraged loans in a variety of sectors will significantly benefit our Leveraged Credit Team as we continue to grow the Vibrant CLO platform.”
Mr. Hwang added, “I am thrilled to join DFG, which has a talented team supported by best-in-class technology infrastructure and a strong track record of both managing and investing in CLOs.”
Mr. Hwang brings 18 years of experience in the financial services industry to DFG. During his 11-year tenure at Crescent Capital, he was primarily responsible for investing in and managing sub-investment grade debt assets, such as leveraged loans and high yield bonds, across a number of industries, including Power & Utilities, Aerospace & Defense, Media, Leisure, and Restaurants, among others. Previously, he worked in the Investment Banking Division at Credit Suisse where he focused on leveraged buyouts and acquisition financings across the Power and Utilities sector. He began his career in the Corporate Finance Group at GenTek. Mr. Hwang received his Bachelor’s degree in Economics from Boston College.
DFG’s Leveraged Credit Team manages $4 billion in leveraged loan assets held in the firm’s CLOs and warehouse vehicles. Since launching the Vibrant CLO platform in 2012, the firm has been to market 14 times, including 10 new issues, three refinancings and a reset.