Golub Capital announced Joseph T. Wilson Jr. has joined the firm as managing director to expand the firm's existing distribution capabilities.
Wilson will be responsible for managing and expanding relationships with buyers of leveraged loans, identifying and executing secondary market opportunities within and outside the current Golub Capital portfolio, and providing insights on underwriting and financial structures for LBOs, recapitalizations and refinancings. Mr. Wilson and Golub Capital's existing capital markets team of 7 professionals will extend the Firm's distribution capabilities.
Wilson was previously a managing director at Citigroup where he played an integral role in building out its loan sales and trading franchise. As a member of the leveraged credit sales team, he was responsible for primary loan, secondary loan and structured credit sales to a diverse investor base. Prior to Citibank, Wilson worked at JP Morgan in a variety of roles, including investment banking, commercial banking and par and distressed loan sales and trading.
"Adding a broadly syndicated sales and trading platform is a natural evolution that will enhance our ability to support our portfolio companies throughout their lifecycles – particularly as they move into larger loan sizes. We can bring our large hold size approach to reducing risk and uncertainty to a part of the market that has become increasingly complex," said Andy Steuerman, Head of Middle Market Lending and Late Stage Lending.
Steuerman added, "Joe brings a great deal of relevant sales and distribution experience as well as relationships to our team. We are happy to have him join us and help grow our presence in this critical area of the market as we continue to fund larger deals with our valued partners."
Golub Capital's award winning middle-market lending team structures financing solutions with hold positions of up to $300 million. The team also underwrites and syndicates senior credit facilities and a proprietary suite of GOLD (one-loan debt) facilities, up to $500 million. Golub Capital has been a top 3 US Middle Market Bookrunner each year from 2008 through Q3 2015 for senior secured loans of up to $500 million for leveraged buyouts (according to Thomson Reuters LPC and internal data; based on number of deals).