Banc of California Expands Specialty Lending Team
Banc of California (NYSE: BANC) has expanded its Specialty Finance team with key appointments, signaling a strategic move to bolster its lending capabilities. Chris Hague joins as Executive Vice President and Head of Specialty Finance, overseeing Lender Finance, Asset-Based Lending, and Corporate Asset Finance and Commercial Aviation. The bank has also welcomed back several industry veterans, including Jeff Galle, Scott Lisman, and Thomas Scott, to grow its Lender Finance portfolio.
Notably, Banc of California repurchased over $350 million of loans at par that were previously sold by PacWest prior to their merger. This move, along with the experienced team additions, positions the bank for significant growth in specialty lending, particularly in the small- and middle-market ABL sectors.
Banc of California (NYSE: BANC) ha ampliato il suo team di Specialty Finance con nomine chiave, segnando una mossa strategica per rafforzare le sue capacità di prestito. Chris Hague si unisce come Vicepresidente Esecutivo e Responsabile di Specialty Finance, supervisionando Lender Finance, Asset-Based Lending e Corporate Asset Finance e Commercial Aviation. La banca ha anche accolto di nuovo diversi veterani del settore, tra cui Jeff Galle, Scott Lisman e Thomas Scott, per far crescere il proprio portafoglio di Lender Finance.
Nota bene, Banc of California ha riacquistato oltre $350 milioni di prestiti a valore nominale che erano stati precedentemente venduti da PacWest prima della loro fusione. Questa mossa, insieme all'aggiunta di un team esperto, posiziona la banca per una significativa crescita nel settore dei prestiti specializzati, in particolare nei settori ABL per piccole e medie imprese.
Banc of California (NYSE: BANC) ha ampliado su equipo de Specialty Finance con nombramientos clave, señalando un movimiento estratégico para fortalecer sus capacidades de préstamo. Chris Hague se une como Vicepresidente Ejecutivo y Jefe de Specialty Finance, supervisando Lender Finance, Asset-Based Lending y Corporate Asset Finance y Commercial Aviation. El banco también ha dado la bienvenida de nuevo a varios veteranos de la industria, incluyendo a Jeff Galle, Scott Lisman y Thomas Scott, para hacer crecer su cartera de Lender Finance.
Es notable que Banc of California recompró más de $350 millones en préstamos a valor nominal que se habían vendido anteriormente a PacWest antes de su fusión. Este movimiento, junto con la adición de un equipo experimentado, posiciona al banco para un crecimiento significativo en el préstamo especializado, particularmente en los sectores ABL para pequeñas y medianas empresas.
캘리포니아 은행(Banc of California, NYSE: BANC)은 주요 발탁을 통해 전문 금융 팀을 확장하여 대출 능력을 강화하기 위한 전략적 조치를 취했습니다. Chris Hague가 전문가 금융의 수석 부사장 겸 책임자로 합류하여 대출자 금융, 자산 기반 대출, 기업 자산 금융 및 상업 항공을 관리하게 됩니다. 또한 이 은행은 Jeff Galle, Scott Lisman, Thomas Scott 등 다수의 업계 베테랑을 재영입하여 대출자 금융 포트폴리오를 확대하고 있습니다.
특히, Banc of California는 합병 전 PacWest가 판매한 대출 중 $350 밀리언을 액면가로 재매입했습니다. 이러한 움직임은 경험이 풍부한 팀 추가와 함께 전문 대출에서 특히 중소기업 ABL 부문에서 의미 있는 성장을 위한 은행의 위치를 확립합니다.
Banc of California (NYSE: BANC) a élargi son équipe de Finance Spécialisée avec des nominations clés, signalant un mouvement stratégique pour renforcer ses capacités de prêt. Chris Hague rejoint comme Vice-Président Exécutif et Responsable de la Finance Spécialisée, supervisant la Finance pour Prêteurs, le Prêt sur Actifs et la Finance d'Actifs d'Entreprise ainsi que l'Aviation Commerciale. La banque a également réintégré plusieurs vétérans de l'industrie, y compris Jeff Galle, Scott Lisman et Thomas Scott, pour développer son portefeuille de Finance pour Prêteurs.
Il est à noter que Banc of California a racheté plus de $350 millions de prêts au pair qui avaient été précédemment vendus par PacWest avant leur fusion. Ce mouvement, ainsi que l'ajout d'une équipe expérimentée, positionne la banque pour une croissance significative dans le prêt spécial, en particulier dans les secteurs ABL pour petites et moyennes entreprises.
Banc of California (NYSE: BANC) hat sein Specialty Finance-Team mit wichtigen Ernennungen erweitert, was einen strategischen Schritt zur Stärkung seiner Kreditvergabe-Fähigkeiten signalisiert. Chris Hague tritt als Executive Vice President und Leiter des Specialty Finance auf und verantwortet Lender Finance, Asset-Based Lending sowie Corporate Asset Finance und Commercial Aviation. Die Bank hat auch mehrere Branchenveteranen, darunter Jeff Galle, Scott Lisman und Thomas Scott, wieder gewonnen, um ihr Lender Finance-Portfolio auszubauen.
Bemerkenswert ist, dass Banc of California über $350 Millionen an zuvor von PacWest verkauften Krediten zum Nennwert zurückgekauft hat, bevor es zur Fusion kam. Diese Bewegung, zusammen mit der Hinzufügung eines erfahrenen Teams, positioniert die Bank für signifikantes Wachstum im Bereich spezialisiertes Kreditgeschäft, insbesondere im Bereich ABL für kleine und mittlere Unternehmen.
- Expansion of Specialty Finance team with experienced industry veterans
- Repurchase of over $350 million in loans at par, strengthening the lending portfolio
- Strategic focus on growing Lender Finance and specialty lending businesses
- Integration of PacWest's expertise following the merger
- None.
Chris Hague joins Banc of California as Executive Vice President and Head of Specialty Finance
Team includes five others to expand lender finance and additional areas
Banc of California moved Lender Finance back to its core portfolio in July 2024. The bank repurchased at par more than
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Jeff Galle has rejoined Banc of California as Managing Director of Lender Finance. He is responsible for developing new small- and middle-market ABL deals among banks, private equity firms, investment banks, intermediaries, lawyers, turnaround consultants, and other lenders and professional groups. Prior to this, he was Managing Director of Business Development for PacWest’s Lender Finance Group, focused on revolving and term note credit facilities between
$15 million $150 million
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Scott Lisman has returned to Banc of California as Senior Director, Lender Finance, where he sources, underwrites and closes transactions. He also serves as the primary Relationship Manager for clients. Lisman previously was a Senior Vice President of the Lender Finance Group for Capital Bank in
Rockville, Maryland .
- Thomas Scott has rejoined Banc of California as an Investment Officer in Lender Finance, where he analyzes, evaluates, structures, underwrites and closes lending opportunities. He previously was with Capital Bank’s Lender Finance Group. Prior to that, Scott was a member of the Mortgage Rediscount team at PacWest, which originated senior term loans and revolving credit facilities to borrowers in the mortgage and real estate industries.
In addition, Andrew Hawking, Managing Director of the ABL Group, who has been with Banc of California for 10 years, now reports to
“We are committed to growing our Specialty Finance lending businesses, and I am proud to welcome this team of dedicated experts to help our valued clients,” Hussain said. “Having these established and successful bankers choose to work for Banc of California is a testament to our culture and our focus on excellent client service. Their experience in specialty lending will support our growth and further solidify us as one of the nation’s premier business banks as we bring our unique relationship-based model to even more clients across the country.”
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About Banc of California, Inc.
Banc of California, Inc. (NYSE: BANC) is a bank holding company with over
View source version on businesswire.com: https://www.businesswire.com/news/home/20240903846360/en/
Jennifer Saylors
Senior Vice President, Corporate Communications
Office: 213-338-8635
Jenn.Saylors@bancofcal.com
Source: Banc of California
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