GLC Advisors & Co., the advisory arm of Global Leveraged Capital, hired Paul “Tim” Thompson III and Robert Swindell as senior managing directors, expanding the firm’s corporate advisory and restructuring practices.
Thompson and Swindell are joining GLC from FBR Capital Markets, along with Robert Kusick who was hired as a vice president. They will focus on advisory and investment activities related to agriculture, logistics, consumer products and technology, GLC said an e-mailed statement. The three will be based in New York.
GLC Advisors is adding expertise to a restructuring advisory team that has worked on more than 140 transactions involving $200 billion of securities, according to the firm’s website. Chairman Thomas Benninger founded GLC in 2005 after heading the restructuring group at UBS AG (UBSN), and later hired bankers from UBS’s restructuring team including Soren Reynertson and Doug Lane.
Thompson, Swindell and Kusick all worked at Watch Hill Partners LLC before joining FBR Capital Markets. Thompson was formerly chief credit officer at Donaldson, Lufkin & Jenrette, an investment bank acquired in 2000 by Credit Suisse Group AG. Swindell previously ran Civitas Group LLC, a national security advisory firm, and spent 17 years at Lehman Brothers.
To contact the reporter on this story: Beth Jinks in New York at firstname.lastname@example.org
To contact the editor responsible for this story: Jeffrey McCracken at email@example.com