NewOak Capital has hired William Denton as managing director, head of client development.

In this capacity, he will coordinate all client development efforts for NewOak Capital Markets.

“We are very excited to increase our market penetration with financial institutions for our capital markets and advisory business,” said Shad Quraishi, vice chairman and head of business development, in a statement. “NewOak Capital has continually been able to hire the “best” in class as a leading advisory/solutions provider in the distressed asset space.”

Denton has held positions at Credit Agricole as a managing director and at Calyon Securities as head of the financial institutions group.

NewOak Capital is based in New York.

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