First Citizens Bank announced that Eugene Weissberger has been appointed as a managing director in the Sponsor Finance group, where he will be focused on supporting financial sponsors and family offices in the Midwest and on the West Coast.

Weissberger will be responsible for developing and maintaining relationships with middle market sponsors and family offices while providing cash-flow and asset-based lending solutions to support their transactions. In addition, he will be positioned to help deliver the bank’s full suite of commercial banking products and services, including treasury management and interest rate derivatives, among others, to their portfolio companies. He is based in Chicago.

“Eugene has significant experience in structuring and executing middle market private equity financings and his capital advisory expertise will be valuable as we provide a greater range of services to our sponsor clients,” said Jim Hudak, president of First Citizens Commercial Finance. “Eugene is a great addition to our growing Sponsor Finance platform as we expand our presence in the Midwest.”

Weissberger brings nearly 20 years of sponsor finance and capital markets experience to First Citizens, having most recently served as managing director and head of debt advisory for Mesirow Financial. Throughout his career, he has held roles of increasing leadership at Baird, BMO, Natixis and Citigroup. He also currently sits on the Board of ACG’s M&A and PE committee. Weissberger holds a bachelor’s degree in business administration from Penn State University.