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Owen’s Craft Mixers Raises $7.5M for its Premium Mixer Brand as Interest in Drink from Home Surges
The pandemic has driven fundamental shifts in the business of alcoholic beverages as well as domestic behaviors within the home. With strict at-home orders, Americans began bringing more and more alcohol into their homes to combat stress in some cases and boredom in others; interest in at-home cocktail making rose sharply. Owen’s Craft Mixers is a premium mixer brand that offers an array of flavors and mixes to allow consumers to make the perfect cocktail from the comfort of their home. The mixers are available in 14,000 physical stores including Public, Kroger, and CVS, and online through the company’s website and Instacart. Owen’s Craft Mixers are also available at bars and restaurants, sports venues, and golf courses. This omnichannel strategy led to a 378% increase in sales year-to-date as compared to 2020.
MUFG
MUFG snares three banking veterans from rival institutions.
Michael Klein, Keith Murray join from Regions Bank and RBC, respectively, John Timoney joins from Antares.
The Japanese bank continues its hiring spree with an eye on direct lending and PE coverage.
MUFG has hired three senior bankers in the US to bolster its coverage of private equity firms and build out its direct lending business.
Michael Klein and Keith Murray have joined the Japanese bank as managing directors of sponsor coverage, MUFG spokesperson Assaf Kedem told Insider. Both will report to Matt Maley, MUFG s head of private equity sponsor coverage, which falls within the bank s corporate advisory group.
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MUFG Bolsters Leveraged Finance Platform With Hiring of Trading and Syndicate Heads
March 1, 2021 GMT
(PRNewsfoto/Mitsubishi UFJ Financial Group,)
NEW YORK, March 1, 2021 /PRNewswire/ Mitsubishi UFJ Financial Group ( MUFG ) announced today the hiring of two managing directors for its leveraged finance platform: Todd Bondy will serve as Head of High-Yield Trading, and Ryan Munro will serve as Head of Leveraged Syndicate. Both will be based in New York and are scheduled to join the firm in April.
Mr. Bondy will report to Steven Feinberg, Head of Micro Trading and Co-Head of Flow Products. Mr. Munro will report to Brian Cogliandro, Head of Debt Syndicate for the Americas, and assume responsibility for the syndicate and capital-markets role for leveraged loans and high-yield bonds.