BMO Capital Markets has hired senior investment banker Eric Luftig as managing director in its leveraged finance group, the investment and corporate banking arm of BMO Financial Group, announced Monday.

Luftig will be based in the firm’s New York City office and is responsible for debt and equity private placements.

“Eric’s experience in private placements, including 20 years of solid deals, complements our team’s overall mandate as we look to broaden our lead role participation in the leveraged financing arena. We are very pleased to have Eric join our team,” says Jim Moglia, executive managing director and co-head of the BMO Capital Markets leveraged finance group.

Luftig’s investment banking experience over the last two decades includes senior roles at GE Capital Markets and CIBC World Markets in the field of private finance. He holds both an MBA and an undergraduate degree from The Wharton School at the University of Pennsylvania.

The leveraged finance group consolidates BMO’s leveraged loan and high yield bond expertise.

IE