Apollo poaches distressed debt team from Credit Suisse

New York-based private equity firm Apollo Management has poached two distressed debt bankers from Credit Suisse’s leveraged finance department.

David Abrams, London-based head of non-performing loans, left Credit Suisse for Apollo earlier this month. Matthew Johnson, the bank’s Frankfurt-based managing director in German leveraged finance, has also left and is believed to be heading for Apollo.

This follows the departure last week of Kevin Lydon, the bank’s head of distressed debt trading and co

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