RBC hires Schumacher as director of loan syndications in merchant banking

New York, Dec. 11 - RBC Capital Markets said its RBC Leveraged Capital unit hired Jeffrey A. Schumacher as director, loan syndications in its Merchant Banking group.

Schumacher will be responsible for all aspects of leveraged loan syndications at RBC Leveraged

Capital, focusing on managing and developing RBC's relationships with institutional leveraged loan and mezzanine investors.

He will report to Kenneth J. Kencel, co-head of RBC Leveraged Capital.

Schumacher was previously a vice president at Heller Financial, where he focused on syndicating middle-market leveraged transactions.

RBC Leveraged Capital was formed in October 2001 as the leveraged finance and alternative asset management business of RBC Capital Markets. It provides acquisition financing for middle-market leveraged buyouts, primarily for financial sponsors, and manages a diverse pool of non-investment grade assets, including leveraged loans, high yield bonds, and private mezzanine investments through collateralized debt obligations.

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