John-Carl "JC" Barone is a Managing Director and Head of the New York region at Evolution. He joined the firm in April 2024. JC has over 30 years of experience in the financial sector, specializing in originating and structuring alternative credit solutions. His career has been marked by a consistent focus on innovation, leadership, and delivering exceptional results in global investment banking.

Prior to joining Evolution, JC spent 19 years at J.P. Morgan Chase Bank N.A., where he held several key roles. Most recently, he served as Executive Director and Head of Alternative Credit Origination & Sales, where he oversaw the origination platform for the Global Alternative Credit franchise. JC was instrumental in establishing a centralized sales and origination channel, becoming a trusted advisor for both internal and external stakeholders. His work involved evaluating corporate client needs, leveraging the institutional investor market, and consistently identifying new business opportunities. Earlier at J.P. Morgan, JC ran the U.S. Alternative Credit Structuring & Syndications desk from 2018 to 2022. In this role, he managed the complete lifecycle of alternative credit opportunities, including sourcing, structuring, due diligence, credit analysis, legal documentation, and syndication. His leadership was crucial in developing trade finance solutions, contract monetization strategies, and single-asset infrastructure projects. From 2006 to 2018, JC led the creation and management of J.P. Morgan’s Credit Liquidity Solutions business, where he risk-managed over $20 billion in exposure and sourced more than $5 billion in distressed and illiquid credit assets globally. His innovative work earned him a JPMorgan Innovative Award in 2014 and a patent for the Lease Receivable Put. Before his tenure at J.P. Morgan, JC was a Senior Vice President at Resurgence Asset Management L.L.C., a $1.2bln Distressed Private Equity firm where he identified and established a niche market in hedging strategies for high-yield corporate receivables. He began his career at Citibank N.A. as a Client Relationship Associate/Manager in the Global Corporate Bank covering more challenged Investment Banking clients.

JC holds an MBA from Cornell University’s Johnson School of Management and a Bachelor of Science in Finance from Manhattan College.

At Evolution, JC drives origination, structuring, and execution of investment opportunities and innovative solutions in Leveraged Finance and Working Capital Finance.