Golub Capital names Daniel Posner to lead new credit group

By Toni Weeks

San Diego, Jan. 19 - Golub Capital has hired Daniel Posner as president and chief investment officer of a future new line of business for the company, according to a press release.

The new business, which will be based in New York and operate under its own brand name, will focus on opportunistic and distressed credit assets with particular emphasis on event-driven investment opportunities in the United States and Europe.

Posner joins Golub Capital from D.E. Shaw, where he was a founder of the firm's multi-billion credit opportunities investing business. He joined D.E. Shaw in 2002 and was a managing director and the global head of the firm's distressed and credit markets investing unit and portfolio acquisition unit. Prior to his nine years at D.E. Shaw, Posner was a senior vice president for Intermarket Corporation, a hedge fund focused on distressed and undervalued companies. Prior to that, he held positions at UBS, Deloitte and Goldman Sachs.

Posner earned a bachelor's degree in economics from Yeshiva University and a master's degree in business administration with a concentration in finance from the University of Chicago.

"Daniel has one of the best reputations in the credit hedge fund industry, and given the opportunity set in the current economic environment, we are very excited about partnering with him to establish these new strategies," David Golub, vice chairman of the company, said in the press release.

Golub is a provider of financing solutions for the middle market with offices in Chicago, New York and Atlanta.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.