Mitsubishi UFJ Financial Group announced the hiring of two Directors for its leveraged finance platform: Garret Rowan will join as Head of the Leveraged Loan Trading group, and Mike Macchia will join as a salesperson in Leveraged Finance Sales. Both will be based in New York. Mr. Rowan will report to Steven Feinberg, Head of Credit Trading, and will work closely with both MUFG's Debt Capital Markets group as well as the CLO Origination and Trading teams as the bank continues to expand its Leveraged Loan footprint.

On the Leveraged Finance Sales team, Mr. Macchia will focus primarily on leveraged loans and building out MUFG's distribution platform for both primary and secondary sales. He will report to Tim Fischer, Head of U.S. Sales for Leveraged Finance. Both Mr. Rowan and Mr. Macchia join MUFG from UBS.

Mr. Rowan was a Director in the Par Loan Trading group, responsible for market making and driving client relationships. Prior to UBS, he was a loan trader at both Deutsche Bank and US Bancorp. Mr. Macchia has more than 20 years of professional experience as both an investor and as a salesperson on the sell side.

At UBS, he oversaw some of the largest loan accounts as well as distressed and high-yield investors. Earlier in his career, Mr. Macchia held positions at Deutsche Bank, Nomura, and GE Capital Americas. Mr. Rowan and Mr. Macchia are the latest in a succession of recent additions to MUFG's leveraged-finance platform.

Last year, Todd Bondy joined as Head of High-Yield Trading, and Ryan Munro as Head of Leveraged Syndicate. Both are Managing Directors based in New York.