Barclays Capital raids Credit Suisse to expand U.S. leveraged finance team

By Devika Patel

Knoxville, Tenn., July 9 - Barclays Capital announced six appointments, all former Credit Suisse executives, to the firm's U.S. leveraged finance operations.

The six new hires will significantly expand Barclays Capital's financial sponsor capabilities, especially on the West Coast, where they will be part of the firm's growing Los Angeles operations, the bank said.

"We are fortunate to add such talented professionals to our growing team," Rick Van Zijl, managing director and co-head of U.S. leveraged finance, said in a pres release. "These key hires will play a major role in expanding our overall leveraged finance franchise. They bring with them a wealth of valuable experience and relationships."

The six appointments are:

• Ted Iantuono, who joins the company's Los Angeles office as a managing director and co-head of U.S. financial sponsor coverage. Iantuono most recently was a managing director and co-head of Credit Suisse's investment banking division's Los Angeles office. He received his MBA from the University of Chicago, Graduate School of Business. The five other new hires will report to Iantuono.

• Jon Bunce, who joins the firm as a director. Bunce most recently was a director in Credit Suisse's investment banking division's Los Angeles office. He received his MBA and JD from Harvard Business School and Harvard Law School, respectively.

•Darrick Geant, who joins the firm as an associate director. Geant most recently was a vice president in Credit Suisse's investment banking division's Los Angeles office. He received his bachelor of arts with honors in business administration from the Richard Ivey School of Business at the University of Western Ontario.

•Elaine Kao, who joins the firm as an associate. Kao, most recently, was an associate in Credit Suisse's investment banking division's Los Angeles office. She received her MBA from Wharton.

•James Meehan, who joins the firm as an associate. Meehan most recently was an associate in Credit Suisse's investment banking division's Los Angeles office. He received his MBA from the UCLA Anderson School of Management.

• Brian Rapf, who joins the firm as an analyst. Rapf most recently was an analyst in Credit Suisse's investment banking division's Los Angeles office. He received his bachelor of arts in business administration from The Marshall School of Business at the University of Southern California.

Victoria Harmon, a director in Credit Suisse's corporate communications department in New York, said the company had no comment on Barclay's appointments.

Barclays Capital is the London-based investment banking division of Barclays Bank plc.

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