Federated Hermes has expanded its non-public markets gross sales staff with the appointment of Lisa Ravlo as non-public markets director for the Nordic area.
The funding agency’s non-public markets division manages €20bn of property, comprised of personal fairness, non-public debt, actual property, infrastructure and pure capital merchandise.
On this newly created position, Ravlo will assist to broaden the distribution of personal markets merchandise throughout the Nordic area.
Learn extra: Ares appoints co-head of European various credit score
She can be based mostly in Oslo, Norway, working alongside the established Nordics staff, together with Magnus Kristensen, director, enterprise improvement – Nordics and report back to Jakob Nilsson who was appointed final yr as head of personal market gross sales, ex-North America.
Previous to becoming a member of Federated Hermes, Ravlo labored for Barclays Funding Financial institution in each London and Paris.
“With deep institutional swimming pools of capital, the Nordic area is a crucial and rising marketplace for Federated Hermes throughout numerous funding methods,” mentioned Ravlo.
Learn extra: What’s the true dimension of the non-public credit score market?
“As we search to increase our non-public markets platform, I’m wanting ahead to showcasing Federated Hermes’ prime quality non-public markets funding groups to this key marketplace for the agency.”
Nilsson added: “We’re delighted to welcome Lisa to the non-public markets gross sales staff at an essential juncture within the progress of the platform. We’re beginning the yr in a powerful place, as we proceed to use our deep understanding of our shoppers’ wants to attach them with differentiated methods and funding alternatives throughout all of our non-public markets asset lessons.”
Federated Hermes has been increasing its non-public markets staff of late, having employed Dr. Stefan Arneth as gross sales director – non-public markets, based mostly in Munich, Germany, final yr.
Learn extra: Morrison Foerster hires associate to spice up various credit score experience