Mr. Florio received his Bachelor of Science from Clarkson University. Ms. Yan received her Bachelor of Science from the University of Illinois at Urbana-Champaign.About Macquarie Group Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Macquarie's main business focus is making returns by providing a diversified range of services to clients. Macquarie acts on behalf of institutional, corporate and retail clients and counterparties around the world. Founded in 1969, Macquarie operates in more than 70 office locations in 28 countries. Macquarie employs approximately 13,597 people and has assets under management of more than $367 billion (as of March 31, 2017). Macquarie Capital comprises Macquarie Group's corporate advisory, capital markets and principal investing capabilities. Macquarie Capital's expertise spans a variety of industry sectors including telecommunications, media, entertainment, gaming, financial institutions, energy, resources, real estate, infrastructure, utilities and renewables.
Macquarie Capital, the corporate advisory, capital markets and principal investing arm of Macquarie Group ("Macquarie") (ASX:MQG; ADR:MQBKY), today announced two appointments in its US Credit Sales and Trading Desk in its New York office. Bringing more than 25 years of loan sales and sourcing experience, John Florio rejoins Macquarie Capital as a Managing Director, focusing on building a stressed and distressed asset agency trading business. The business complements the existing credit sales and trading activities around par loans and provides customers with a path to liquidity for assets in the distressed market. Mr. Florio, one of the founding members of Macquarie's Credit Sales and Trading Business, previously managed the firm's global distressed sales team. Most recently, he was a Managing Partner with Lake End Debt Consulting, where he sourced and sold stressed and distressed loans on behalf of commercial banks and various credit funds. Prior to Lake End, Mr. Florio was a Managing Director at Brean Capital, where he focused on bank source loaning efforts for the firm's fixed income debt trading unit. He has held a number of distressed loan sourcing positions at Lehman, DLFJ and Deutsche Bank. In addition to expanding Macquarie's trading desk and stressed and distressed loan trading efforts, Mr. Florio's deep client relationships and proven trading expertise will help expand account coverage for new issue distribution. Emma Yan joins Macquarie's desk as a Vice President covering commercial banks, insurance companies, CLO managers and other institutional investors. Ms. Yan joins from Bank of Montreal's ("BMO") leveraged loan and high yield sales desk. She has worked on a variety of leveraged finance transactions and has a broad range of account relationships that will further augment Macquarie's client coverage. "I'm delighted to welcome John back to Macquarie. As one of the original members of the Credit Sales and Trading Business, he has an innate understanding of the strength of our franchise and was instrumental in our early success. Both John and Emma will strengthen our new issue distribution, distressed loan and secondary trading capabilities," said Andy Stock, Senior Managing Director and Head of Credit Sales and Trading for Macquarie Capital. "As the amount of client activity increases, Macquarie's Debt Capital Markets business continues to grow. We are strengthening our distribution platform as a direct result of the continued growth of Macquarie's DCM business. The addition of John and Emma, as well as the recent hiring of Head Loan Trader Bill Dobson aligns us for further DCM growth and will allow us to better serve our client base."