Stephens, an independent financial services firm, announced today the addition of industry veteran Stephen (Steve) Levitan as Managing Director within the Capital Solutions Group of its Investment Banking division. Based in Stephens’ New York office, Mr. Levitan joins with over 40 years of experience in the high yield, leveraged finance and stressed & distressed markets.
“I’m very excited to return to banking with Stephens”
“Steve is a proven advisor across all aspects of the capital structure and possesses a breadth of industry knowledge and expertise that is a great addition to our team. As part of our Capital Solutions Group, Steve’s varied experience, including an extensive understanding of bankruptcy and restructuring, further distinguishes the team’s practiced and sound approach to complex capital structure challenges. Expanding our ability to deliver optimal outcomes is important to us as we grow our team” said Brad Eichler, Executive Vice President, Head of Investment Banking.
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Prior to Stephens, Mr. Levitan was a partner at Scott’s Cove Management LLC. During his multi-decade career, he has served as portfolio manager, investment banker, and head of research. Earlier positions were held at Drexel Burnham Lambert, Oppenheimer & Co., Inc., Wasserstein Perella and RBC Capital Markets, among others. Mr. Levitan is a graduate of Dartmouth College, a Harvard MBA, and a CFA charterholder.
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“I’m very excited to return to banking with Stephens,” said Levitan. “The firm’s approach, steeped in deep relationships and a middle-market focus, matches extremely well with my background and interests. My diverse experiences allow me to bring a different perspective to Stephens’ offering. I’m pleased to join this accomplished team of seasoned professionals to assist companies, creditors, managements and other constituencies in driving the right results for their organizations.”
Stephens’ Capital Solutions Group provides structured debt and equity financings, transitional capital raises, liability management transactions, debtor advisory, creditor advisory, distressed mergers and acquisitions, and distressed financing and debt modifications. The practice draws on the full resources of the Stephens platform, including debt capital markets, equity capital markets and financial sponsor coverage.
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