New MD for BoA

Bank of America Business Capital, the asset-based lender, has named Carmen Bernardis as managing director of the company’s European arm, Bank of America Business Capital Europe.

Located in the London office, Bernardis will be responsible for leading a team of professionals experienced in arranging asset-based lending facilities of £10m and up for buyouts, acquisitions, turnarounds and recapitalizations. She will report to Sam Philbrick, division president, Bank of America Business Capital Northeast and Europe.