North Sea Partners, a private investment bank, has announced that Steve Paras has joined the firm in London as a Managing Director and head of European Capital Markets.
Commenting on the new addition, Co-CEO Mickey Brennan, said, 'We are thrilled to have Steve on the North Sea team in London where we have developed deep corporate and institutional relationships over the years. Steve’s extensive leveraged finance experience will be central to the build-out of our capabilities in Europe. We will continue to add valuable talent to the firm in London to support this growth'.
'It is a great time to be joining North Sea. Having worked with Mickey and Jon Calder over the years on complex leveraged finance deals, we have a compelling opportunity to not only expand the European footprint but also the Firm’s global footprint through cross-border financing activity. North Sea has been extremely successful providing mid-cap corporates with premier advisory, capital raising and distribution capabilities, and I am looking forward to building on these achievements', added Steve Paras.
As head of European Capital Markets for North Sea, Paras brings extensive product and market experience across leveraged syndicated loans, bridge loans, high yield debt, and mezzanine debt.
Prior to joining North Sea, he was a Managing Director and head of Bank of America Merrill Lynch's Leveraged Capital Markets Desk in London. Previously, Paras was employed at Merrill Lynch & Co., Inc. in New York for 14 years most recently as Managing Director and head of the US Leveraged Loan Capital Markets Desk. Mr. Paras graduated with a BA in Economics from Hobart College, earned an MBA from the University of Rochester Simon School, and also holds a CFA.
About North Sea Partners
North Sea Partners is an independent investment banking firm that provides capital structure advisory services, merger and acquisition advisory and execution services, direct placements and client trading services. The firm provides new issue advisory services in the high yield, loan syndication, mezzanine and equity markets, debt restructuring advisory services, direct placements of loans, mezzanine and hybrid securities and secondary trading executions for corporations, private equity firms, banks and institutional investors. With offices in New York and London, the firm’s professional team has significant experience across major industry segments, as well as all sectors of the credit markets.
Since inception in 2009, North Sea has provided capital markets advisory and execution services for more than 30 corporations, institutions and private equity sponsors. The firm has advised on over $35 billion of transactions globally for clients, including Advent International, Algeco Scotsman, Blackstone, Bridgepoint , Foodcorp, House of Fraser, Independent News and Media, Ineos, Loehmann’s , Loew’s Corporation, Universal Trailer Holdings Corp. and 3i, among others.
North Sea executes securities transactions through its wholly-owned FINRA registered subsidiary, North Sea Securities LP. North Sea Partners LLP, the firm’s London subsidiary, is registered with the Financial Services Authority.
To learn more about North Sea Partners, please visit the company’s website at: www.nspartnersllc.com.