Ares Administration has appointed Richard Sehayek as co-head of Europe for different credit score.
He’ll work alongside present co-head of Europe for different credit score, Stefano Questa.
Sehayek joined Ares in 2023 as a part of the choice credit score group, which focuses on asset-based finance.
Previous to Ares, he was a managing director and world head of origination for fund financing at Credit score Suisse for over a decade. On this function, he was answerable for financing secured by non-public fund property.
Sehayek has additionally served as an govt director at KBC Monetary Merchandise, the place he led origination and structuring in Europe for fund derivatives.
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“We’re excited to nominate Richard as co-head of Europe as we proceed to drive the expansion of our different credit score technique throughout the ABF markets,” stated Kevin Alexander, co-head of other credit score at Ares.
“I’ve recognized and labored with Richard in varied roles for over 20 years and have been impressed together with his management and strategic imaginative and prescient. He brings a wealth of information and demonstrates a transparent dedication to the Ares tradition, and we look ahead to our continued partnership.”
The Ares different credit score technique manages roughly $41.6bn (£31.5bn) in property underneath administration as of December 31, 2024.
The group invests throughout the capital construction and seeks alternatives in giant, diversified portfolios throughout varied sectors, together with specialty finance, lender finance, gear leasing, structured merchandise, web lease, money stream streams corresponding to royalties, licensing, and administration charges, and different asset-focused investments.
“The European markets current an thrilling and increasing alternative for ABF, and Richard’s appointment reinforces Ares’ differentiation and power as a frontrunner within the asset class,” added Questa.
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Sehayek stated he has been “energized by the innovation and drive” on show since becoming a member of Ares.
“I’m honored to assist lead our efforts in Europe alongside Stefano, particularly given the expansion we see forward for ABF in these dynamic markets,” he stated.
Ares and Ares Various Credit score portfolio managers have dedicated to donate a portion of the efficiency charges from its different credit score Pathfinder household of funds to help world well being and training charities.
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