Hannam & Partners, a corporate finance advisory business based in London, has become a member of Global Special Situations, an alliance of investment banking firms with focus on special situations transactions. Other partners include SSG Capital Advisors LLC in the U.S., Saxenhammer & Co. in Germany, Teak Capital Corporation in Asia, Brazil-based TCP Latam, and India-based L&T Infrastructure Finance Company Ltd. The alliance was established in 2014 to enhance members’ cross-border deal execution capabilities. Services provided include M&A,...

Sean Dooley and Christian Klawunder have been promoted to vice president and associate, respectively, in Matrix Capital Markets Group Inc.’s Downstream Energy & Retail Group. In addition, Carlton Zesch, an analyst, and John Ellison, an associate, have joined the downstream Energy & Retail Group from other positions within the firm. Dooley joined Matrix in 2010 and has been involved in more than 20 successful transactions. A CFA, he holds a bachelor’s degree with a concentration in finance from East...

Encina Capital Partners, an investment firm focused on specialized lending and leasing platforms, and an affiliate of certain funds managed by Oaktree Capital Management LP have launched Encina Business Credit LLC (EBC), an independent asset-based lending platform targeting middle market borrowers in the U.S. and Canada. Based in Chicago, the firm is led by Marty Battaglia, a 30-year industry veteran. He is joined by two senior business development executives, each with more than 20 years of experience. They are Tron Allen, who is based in Houston and...

Howard Brod Brownstein of The Brownstein Corporation has been appointed as an independent director of Pico Holdings Inc., which has business segments that acquire and develop water resource and storage operations in the Southwest and real estate operations in California, Washington, North and South Carolina, and Tennessee. Since 2010, Brownstein also has served on the board of P&F Industries Inc., a publicly held manufacturer and importer of air-powered tools and residential hardware products.

Timothy R. Carstens has joined the...

David A. Agay has been named the new managing member of the Chicago office of McDonald Hopkins LLC, succeeding Richard N. Kessler, who served as the managing member in Chicago since 2007. Agay, a corporate restructuring attorney who joined the firm in 2011, previously served as the Chicago office’s assistant managing member. He practices in the areas of business restructuring, business counseling, commercial finance, and healthy and distressed M&A. He holds a law degree from the University of Michigan Law School and a bachelor’s degree from Pomona...

Douglas K. Brown, director of development for ASTI Environmental in Brighton, Michigan, recently received the Robert Sieghart Award for Enthusiasm for the Economic Development Profession during the Michigan Economic Developers Association Annual Conference. The award recognizes individuals who understand the importance of the profession and demonstrate a dedication to bringing others into the profession. 

T.J. Gill has joined ENGS Commercial Capital as a vice president, business development manager, of the factoring...

Kim Attends Made in America Day at the White House

Gordon Sign, the nation’s oldest sign company and an ongoing turnaround story, was selected to represent Colorado at a recent Made in America Product Showcase at the White House.

Gordon Sign was joined by other small manufacturers, such as the Alaska Bowl Company, Eddie Heath’s Crab Pots, and the Colonial Flag Company, along with such iconic brands as Campbells Soup, Steinway, and Stetson, in exhibiting their products on the South Lawn and West Wing of the White House. The event featured manufactured...

Marc J. Carmel has joined Longford Capital, a litigation finance firm, as a director in Chicago. Carmel practiced law for 17 years, most recently with Paul Hastings LLC, representing clients in restructurings and bankruptcies involving companies throughout the U.S. Now, Carmel focuses on deploying capital from Longford’s recently closed fund for commercial litigation claims, including those controlled by distressed companies, creditors’ committees, trustees, assignees, and receivers. He holds a law degree from Harvard Law School and a bachelor’s degree in...

Mary Jo Heston

Heston Is New Bankruptcy Judge in Western District of Washington

Mary Jo Heston, a member of the TMA Northwest Chapter for more than 20 years, was recently sworn in as a judge for the U.S. Bankruptcy Court for the Western District of Washington. Chief...

Sheon Karol has joined The DAK Group, a boutique investment bank serving middle market companies, as a managing director. He has more than three decades of experience and has negotiated transactions in industries that include manufacturing, biotech, pharma, for-profit education, medical research, agriculture, consumer goods, food & grocery, and sports. He brings a combination of executive, turnaround, legal, and finance experience that covers every facet of the middle market M&A transaction process. Karol holds a law degree from Yale University and...