Merchant banks appoints assistant director

Independent merchant bank Augusta & Co. has appointed a new assistant director to support its leveraged finance team in Frankfurt.

Paul Kim has eight years experience in investment banking and joins from Dresdner Kleinwort. During his time at Dresdner he was vice president of global banking in the leveraged finance division in London and Frankfurt.

Having worked closely with private equity clients, Kim was responsible for origination and structuring of LBOs, staple financing, refinancings, recapitalisations and restructurings.

Prior to Dresdner, he was a senior consultant in the transaction advisory services team at Ernst & Young in Frankfurt.