Filip Rensky and Teresa Teague Join Bank of America's Investment Banking Financial Sponsors Group

NEW YORK, Nov. 2 /PRNewswire/ -- Bank of America today announced that Filip Rensky and Teresa Teague have joined the Financial Sponsors Group at Banc of America Securities as Managing Directors. Rensky and Teague are reporting to Karim Assef, U.S. head of the Financial Sponsors Group, which serves as a leading advisor to private equity firms - providing both strategic M&A advice and financing solutions to these clients.

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Banc of America Securities has been involved in many of the largest leveraged buyout transactions announced recently - playing both M&A advisory and lead financing roles. Rensky and Teague are responsible for driving revenue growth by further increasing Bank of America's market share among key Financial Sponsor clients.

"Our Financial Sponsor practice is core to our investment banking platform, and we are committed to providing this important client base with exceptional advisory and financing capabilities," Assef said. "Filip and Teresa are senior investment bankers who further deepen the coverage team in our Financial Sponsors Group - building on our already significant momentum with these clients."

Rensky joined Bank of America after 16 years with Goldman Sachs, where he most recently focused on providing investment banking coverage across the consumer, industrial and technology industries. Before that, he held M&A, Project Finance and Municipal Finance positions at the firm. Rensky received a Bachelor of Arts degree in Economics from Columbia University.

Teague has 13 years of investment banking and finance experience, including 11 years with Goldman Sachs, where she most recently focused on providing investment banking services to Financial Sponsors. She also spent several years in London and New York in various other investment banking and finance positions. Teague received a Bachelor of Arts degree in Government from Dartmouth College and a Master of Business Administration from Harvard University.

About Bank of America

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial products and services. The company's Global Corporate and Investment Banking group (GCIB) focuses on companies with annual revenues of more than $2.5 million; middle-market and large corporations; institutional investors; financial institutions; and government entities. GCIB provides innovative services in M&A, equity and debt capital raising, lending, trading, risk management, treasury management and research. Bank of America serves clients in 175 countries and has relationships with 98 percent of the U.S. Fortune 500 companies and 80 percent of the Global Fortune 500. Many of the bank's services to corporate and institutional clients are provided through its U.S. and UK subsidiaries, Banc of America Securities LLC and Banc of America Securities Limited. For additional information, visit http://www.bankofamerica.com/