Chicago-based investment bank Lincoln International has appointed Alexander Stevenson as managing director in the restructuring and special situation division of its Los Angeles office.
Stevenson worked previously as head of restructuring and special situations at investment bank FocalPoint Securities, where he led the restructuring and special situations practice. Prior to that, he was a managing director at Ernst & Young Corporate Finance.
In his new role, he will be responsible for executing the investment bank's restructuring services, including M&A advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. He will also be responsible for managing client portfolios from both public and private companies, hedge funds, lender groups, committees and buyers of distressed assets.
Stevenson will be based in Los Angeles, and will report to Joe Radecki, managing director and head of Lincoln International’s restructuring and special situations group, based in New York.
Radecki joined Lincoln in 2009 to lead the firm’s restructuring practice, and has been responsible for establishing the bank’s middle-market restructuring advisory.
Stevenson will also work alongside Chris Petrossian, managing director and head of the Los Angeles office.
“The Southern California market represents an important region of growth and demand for Lincoln International’s unique capabilities,” said Petrossian in a statement.