The FINANCIAL — Wells Fargo Securities, the investment banking and capital markets business of Wells Fargo & Company, announced today that Jim Jeffries and Gary Wolfe have been appointed co-heads of the Loan Syndications and High Yield Debt Capital Markets group, effective October 1st.
Their expanded roles include leading Investment Grade Loan Syndications, Real Estate Syndicated Finance and Loan Sales, in addition to maintaining responsibilities for Leveraged Finance, High Yield Capital Markets and Leveraged Syndicate. Jeffries and Wolfe, both based in Charlotte, will succeed Frank Pizzo, who was recently named regional president for Europe, Middle East & Africa (EMEA) in Wells Fargo’s International group. They will report directly to Rob Engel, head of the Investment Banking and Capital Markets group, according to Wells Fargo.
“Jim and Gary bring more than 40 years of combined investment banking experience, including deep loan and fixed income capital markets expertise,” stated Engel. “They are both extremely strong leaders who understand our focus on building long-term institutional relationships in order to help our customers and the company be successful.”
Jeffries and Wolfe currently serve as managing directors and co-heads of the Leveraged Finance group, which is responsible for the origination and execution of leveraged loans, high yield securities, and other junior capital products across all industry sectors. Both Jeffries and Wolfe joined Wells Fargo in 2004 to expand acquisition finance capabilities of the company. Prior to joining Wells Fargo Securities, Jeffries and Wolfe were managing directors in the Leveraged Finance group at Banc of America Securities.