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Published on 6/14/2016 in the Prospect News Bank Loan Daily and Prospect News High Yield Daily.

CastleOak adds three directors to leveraged finance sales and trading

By Tali Rackner

Norfolk, Va., June 14 – CastleOak Securities, LP announced the addition of managing directors Michael S. Miller, Thomas P. Takacs and Richard E. Wright to its leveraged finance sales and trading team, according to a press release.

"With the addition of these three highly experienced and well-respected professionals, CastleOak Securities is opportunistically growing the depth and range of the leveraged finance sales and trading capabilities it can offer clients," president and chief executive officer David R. Jones said in the release.

"Each has demonstrated an impressive track record of success and an in-depth understanding of the leveraged finance marketplace; we are proud to make them an integral part of the CastleOak Securities team."

They will be reporting to Tom Thees, CastleOak's head of fixed income.

Miller brings more than 26 years of experience on Wall Street as a leveraged finance professional. Most recently, he served as head of trading at Macquarie Capital from 2012 to 2015. He previously held roles of increasing responsibility at a variety of firms, including Nomura, Oppenheimer, UBS, Morgan Stanley and Bear Stearns.

Takacs brings more than 30 years of investment experience across credit and equity markets. From 2012 to 2015, he served as a partner, chief operating officer and director of business development at Taurasi Capital. He previously held leadership roles at Battleground Capital Management and Ore Hill Partners. Before that, he spent 10 years at Goldman Sachs, where he served as co-head of leveraged finance and distressed sales.

Wright has more than 27 years of fixed income sales experience. He served most recently as a managing director at Jefferies & Co. for more than seven years in the leveraged credit sales group. Wright was previously at Bear Stearns & Co. for 13 years as a senior managing director, primarily working in the distressed fixed income sales specialist group.

In addition, CastleOak added fixed income generalists Brian Lynch, Fred Stuart and Thomas Warnock to its investment grade and money market generalist teams.

CastleOak is an investment bank based in New York.


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