NEW YORK & LONDON--()--CVC Credit Partners ("CVC Credit") today announced that Mark DeNatale and Scott Bynum have joined the firm. Mark joins the Firm’s Operating Board as a Partner and will be a Senior Portfolio Manager and Global Head of Trading. Scott joins as a Managing Director and Portfolio Manager.
Mark DeNatale spent 17 years at Goldman Sachs where he was a Managing Director and Head of Loan Trading, managing risk across distressed, stressed and performing credit. Mark actively invested and traded across the capital structure including loans, bonds, equities and derivatives; he was also instrumental in developing a European loan trading platform. Mark is a former member of the Board of Directors of the LSTA and is a graduate of Boston College.
Scott Bynum spent 7 years at Goldman Sachs where he was a Vice President in the Bank Loan Distressed Investing business. In that capacity, Scott managed research coverage for a variety of sectors and led investments across the capital structure in both public and private companies. Scott also led the hedging effort for the investing portfolio consisting of loans, bonds, equities, derivatives, trade claims, and private financings. Scott graduated magna cum laude from Princeton University with a degree in engineering.
Commenting on these appointments, Steve Hickey, Partner and Chief Risk Officer, said: “I am delighted to be working with both Mark and Scott again. Mark has a truly global perspective and brings extensive management experience as well as sourcing, investing and trading expertise to our growing platform. Scott is rejoining his former colleagues and will add valuable sourcing and investment experience across the credit spectrum. I look forward to working with them as we expand the product offerings at CVC Credit Partners.”
NOTES TO EDITOR:
CVC Credit Partners
CVC Credit Partners is a CVC Capital Partners group company and is an independent asset management and investment group focused on sub-investment grade debt capital markets in the US and Europe. CVC Credit Partners is owned by CVC Capital Partners and Resource America, Inc. (NASDAQ: REXI).
CCP manages $8.5 billion in assets across 29 vehicles with top quartile performance across credit cycles achieving US finalist for ‘Best 2005, 2006 and 2007 U.S. CLO’ categories and European winner of ‘Best boutique European CLO manager’ and ‘Best 2007 European CLO’ in 2011 as well as the global award for ‘Best CLO Manager’ in 2012 at the Creditflux CLO Manager Awards.
CCP provides tailored, flexible and value-added solutions for investors seeking to invest in sub-investment grade credit instruments.