MUFG adds Rowan, Macchia to leveraged finance platform

Chicago, June 27 – Mitsubishi UFJ Financial Group announced the hiring of two directors to its leveraged finance platform in a press release on Monday.

The bank brought on Garret Rowan as head of the leveraged loan trading group and Mike Macchia as a salesperson in leveraged finance sales.

Both will be based in New York.

Rowan will report to Steven Feinberg, head of credit trading, and will work closely with both MUFG's debt capital markets group as well as the CLO origination and trading teams as the bank continues to expand its leveraged loan footprint.

Macchia will focus primarily on leveraged loans and building out MUFG's distribution platform for both primary and secondary sales. He will report to Tim Fischer, head of U.S. sales for leveraged finance.

Both Rowan and Macchia join MUFG from UBS. Rowan was a director in the par loan trading group, responsible for market making and driving client relationships. Prior to UBS, he was a loan trader at both Deutsche Bank and U.S. Bancorp.

Macchia has more than 20 years of professional experience as both an investor and as a salesperson on the sellside. At UBS, he oversaw some of the largest loan accounts as well as distressed and high-yield investors. Earlier in his career, Macchia held positions at Deutsche Bank, Nomura and GE Capital Americas.

MUFG is a Tokyo-based bank.

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