European different asset administration platform Hayfin Capital Administration has appointed Michaela Campbell as a managing director in its personal credit score staff.
Campbell can be accountable for overseeing the staff’s portfolio monitoring and threat profile throughout new and current investments.
She can be based mostly in Hayfin’s headquarters in London and work intently with portfolio managers and co-heads of direct lending Mark Bickerstaffe and Marc Chowrimootoo.
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Campbell’s appointment comes as Hayfin continues to deploy vital capital by way of its flagship personal credit score technique, having final yr exceeded a €6bn (£5.1bn) goal fundraise for Hayfin Direct Lending Fund IV.
Latest investments throughout Hayfin’s personal credit score methods embrace loans supporting IK Companions’ acquisition of French fireplace security firm Eurofeu Group and Näder Holdings’ repurchase of a minority stake in main international orthotics firm Ottobock.
Previous to becoming a member of Hayfin, Campbell spent 5 years at BlackRock within the threat and quantitative analytics staff and most not too long ago served as co-head of world funding threat for personal credit score and personal fairness.
Earlier than becoming a member of BlackRock, she labored at GE Capital for greater than a decade, the place she held a number of roles in London and Abu Dhabi with a give attention to underwriting, portfolio administration and restructuring of leveraged loans.
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“[Michaela] brings along with her a wealth of straight transferable expertise and perception from her earlier roles,” stated Bickerstaffe.
“Michaela joins Hayfin at an thrilling time as we glance to capitalise on the current improve of institutional asset allocation in direction of personal credit score in Europe and construct on our current personal financing success throughout the continent. Establishing a specialised portfolio monitoring staff is a vital step for us as we proceed to develop the capability and ambition of our personal credit score technique.”
Campbell added: “Hayfin has skilled exceptional development lately and has persistently confirmed that it might deploy capital at scale and at pace, while sustaining a conservative threat profile. Its unparalleled community and connections throughout the European market are equally spectacular. I look ahead to working alongside my new colleagues and trade companions throughout Hayfin’s personal credit score technique.”
Hayfin’s core personal credit score methods comprise direct lending, by way of which Hayfin invests in performing loans to primarily European middle-market firms; tactical options during which the agency has a versatile mandate to pursue opportunistic investments with credit-like threat profiles at enhanced returns; and particular alternatives, the place it invests flexibly in a spread of distinctive alternatives throughout industries, markets and sub-strategies in conditions the place financing could also be scarce.
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