Ian Gilday has joined Goldman Sachs as a managing director in the European leveraged finance team. He will run the European loan capital markets and syndicate business, reporting to Tim Flynn and Doug Henderson, co-heads of European leveraged finance.
Goldman said the appointment reflected its commitment to maintaining its position in leveraged finance. The bank was the number three bookrunner of high-yield bonds in Europe from January to April 20 this year, according to Thomson’s league tables. It had book-run deals to a value of US$1.2bn from 14 issues.
Gilday joins from Merrill Lynch, where he was a managing director and had been head of European leveraged capital markets since 2004.
Prior to joining Merrill in 1999, he was a director in leveraged finance syndications at Deutsche, where he was responsible for European LBO loan and mezzanine capital markets and sales. Between 1992 and 1998, he worked at NatWest Markets.