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 College.
Karl Brier has joined PNC Business Credit as a senior vice president and business development officer. Based in Orange County, California, he is responsible for business development with private equity firms and middle-market companies, and originating asset-based and cash flow loans in Southern California, Arizona, and Southern Nevada. Brier holds a bachelor’s degree from the University of Southern California and an MBA from the Anderson School at UCLA. Before joining PNC, he was a market executive with JPMorgan Chase & Co.
Jay C. Jacquin, James S. Hadfield, and Joseph A. Weissglass have launched Configure Partners LLC, an investment bank and financial advisory firm specializing in financing transactions, balance sheet solutions, and distressed M&A. With offices in Atlanta and New York, the firm serves borrowers and constituents of privately held, sponsored, and publicly traded companies, managing transactions up to $250 million. Before forming Configure Partners, Jacquin, Hadfield, and Weissglass worked together in the Special Situations practice at Guggenheim Securities.
Kyle Moore has joined Accord Financial Inc. as portfolio manager. In his new—and newly created—position, Moore analyzes and documents credit requests, financial statement and collateral reports, and monitors client credit exposure through onsite due diligence. He was previously an assistant vice president with CapitalSource.
Sheila Smith has been appointed to Gordon Brothers’ board of advisors. Smith, who retired from Deloitte in 2015 after serving in numerous leadership positions, has participated in hundreds of bankruptcy, restructuring, financial consulting, and Section 363 sell-side advisory engagements and has more than 25 years of experience in financial advisory and restructuring services. In her new role, she is responsible for providing guidance on Gordon Brothers’ ongoing evolution.