Friday, November 1, 2013

Babson Capital adds well-known Charlotte investment banker

Two well-known investment banking executives have joined Babson Capital's division that provides financing to middle-market companies.

Eric Lloyd, the former head of market and institutional risk for Wells Fargo and a member of the bank's management committee, will now be Babson Capital Finance's capital markets leader. Lloyd had previously been chief risk officer of Wells Fargo Securities. He had been one of Wells Fargo's top-ranking executives in Charlotte.

Also joining Babson is Terry Harris, formerly managing partner and co-founder of Certus Capital Partners. He'll be Babson Capital Finance's head of portfolio management.

“These seasoned industry veterans will play critical roles as we continue to expand our capabilities and build Babson Capital Finance into a leading global finance company serving middle-market companies worldwide," Mike Hermsen, CEO of Babson Capital Finance, said in a statement.

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