Retired President, Chief Executive Officer, Chief Risk Officer and co-founder of Jefferies Finance. Mr. Toriello started Jefferies Finance with capital provided by Mass Mutual Insurance Company and Jefferies Corp in 2004. Today it is one of the leading providers of debt financing for private equity firms supporting mergers, acquisitions, and recapitalizations. Loan facilities and commitments have grown from 100 million per transaction in 2005 to over 1 billion today. Mr. Toriello also started, in 2006, an asset management fund within Jefferies Finance that presently has 10 billion under management. Although he retired from his day to day responsibilities as CEO, he remains on the credit committee that approves all loan commitments.
Mr. Toriello has over 46 years of Banking and Finance experience and has completed over 1,500 cash-flow and asset-based transactions. Prior to co-founding Jefferies Finance in 2004, Mr. Toriello held various senior management positions including responsibility for Origination and Portfolio Administration at GE Capital, Heller Financial, CIT Group, Citicorp, Bankers Trust, and Chase Manhattan Bank. Mr. Toriello’s finance experience includes structuring and execution of transactions of equity funds, in addition to restructurings, bankruptcy and asset liquidations.
Mr. Toriello has been a member of the Commercial Finance Association, Turnaround Management Association and American Bankruptcy Institute. Mr. Toriello has been elected to the board of directors of both the CFA and TMA in addition to serving on their executive committees.
After retirement Mr. Toriello served as an advisor to the Financial Group of Mass Mutual Insurance Company.
Mr. Toriello additionally serves on the board of Ankura Trust and also heads their audit committee along with being a member of their Risk Management team. Ankura Trust provides indenture trustee, loan agency, escrow agency and creditor representation among other banking services.
Mr. Toriello also serves on the board of KlickTrack, a software company that was founded in 2019 and has assisted in raising seed capital and bridge financing.
Mr. Toriello has also served on the board and executive committee of the Leukemia Society of America besides serving as its treasurer.