March 13, 2013
/PRNewswire/ -- Alcentra, BNY Mellon's sub-investment grade credit asset manager, has named
as managing director and head of Americas business development. Alcentra also has named
as managing director and head of UK direct lending.
Yang is responsible for leading Alcentra's marketing and business development efforts in the U.S.,
and South America. As the leader of the UK direct lending business, Johnson also serves as portfolio manager for strategies related to the HM Treasury's Business Finance Partnership.
's leadership and experience will be invaluable as we tailor investment solutions for our clients in the Americas," said
, chairman and chief executive officer of Alcentra. "These solutions will utilize our wide range of investment strategies including leveraged loans, high yield bonds, distressed debt, structured credit and direct lending/mezzanine financing."
Yang held previous roles as head of business development at Onex Credit Partners and Highland Capital. Prior to that, he was global head of leveraged finance at Merrill Lynch. In this newly created position, Jack reports to
, president and head of Alcentra U.S.
Johnson was previously head of European leveraged capital markets at Cantor Fitzgerald and has almost 30 years of experience in the leveraged finance markets. In this newly created position, he reports to
, head of European direct lending and mezzanine investments.
will help build out our UK direct lending business with his extensive network of contacts," said Forbes-Nixon. "Our strategies related to the HM Treasury's Business Finance Partnership are designed to provide financing to high quality middle market UK companies in the form of secured loans comprising first lien, uni-tranche, mezzanine and mezzanine-related investments. It is the first part of Alcentra's European direct lending strategy."
Notes to editors:
is one of the world's leading sub-investment grade credit asset managers focusing on the European and U. S. markets. The group has an investment track record that dates back to 1998 and spans across 50 separate investment funds totaling approximately
. Alcentra has 74 employees across offices in
and is 98 percent owned by BNY Mellon and 2 percent owned by the employees. More information can be found at
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