Breakwater Investment Management LLC — The Los Angeles investment firm has tapped Asteria Lumanau, a bankruptcy specialist who recently worked at KPMG LLP. Before that, she worked within Credit Suisse’s investment banking division, also in Los Angeles, and at Striker Partners, a lower middle-market private equity firm in Philadelphia.
CIT Group Inc. (NYSE: CIT) — The New York financial services firm appointed managing director William Douglass to oversee CIT’s financing and advisory activities in the health care sector. This includes all asset-based loan, real estate financing and M&A advisory service activty. A 20-year banking veteran, Douglass joined CIT in 2009. Before that, he spent 10 years with Citigroup (NYSE: C), where he focused on middle-market leveraged lending and junior debt. During that time, Douglass worked within the special situations group from 2005 to 2008.