Angelo Gordon & Co. LP – The New York asset manager has hired Trevor Clark and Chris Williams as managing directors to lead a new direct-lending business in Chicago. Prior to joining, Clark and Williams co-founded and built the direct-lending business of Madison Capital Funding LLC, a subsidiary of New York Life Insurance Co. While under their leadership, Madison Capital won Mergers & Acquisitions’ M&A Mid-Market Award for Lender of the Year for 2012. In September 2013, Clark and Williams were dismissed by New York Life for “violating company policies pertaining to personal investments and personal business activities,” according to the life insurer.

Friedman Fleischer & Lowe (FFL)– The San Francisco private equity firm tapped Robert Eckert, former CEO of Mattel Inc. (Nasdaq: MAT), as an operating partner. Prior to Mattel, he was president and CEO of Kraft Foods Group Inc. (Nasdaq: KRFT). Before that, he held a variety of other executive posts, including president of Kraft’s Oscar Mayer Foods division.  He currently serves on the boards of directors of McDonald’s Corp. (NYSE: MCD), Levi Strauss & Co. and Amgen Inc. (Nasdaq: AMGN).

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