Investec has boosted its European gross sales staff with a brand new rent who will goal direct lending in Benelux and Scandinavia.
Pascal Vernaeve (pictured proper) will be a part of the financial institution as head of investor protection for these areas, with the intention of increasing Investec’s direct lending enterprise there.
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He brings greater than 15 years of expertise in institutional gross sales throughout Europe. He was most just lately head of northern Europe at Lombard Odier Funding Managers, the place he led institutional gross sales efforts throughout each liquid and illiquid belongings.
“Pascal’s in depth expertise and powerful relationships inside the institutional panorama will probably be key as we improve our presence in Benelux and Scandinavia,” stated Callum Bell, head of direct lending at Investec.
“His potential to develop robust consumer partnerships and to offer them entry to our direct lending franchise demonstrates our continued and lively funding in our personal credit score capabilities,” he added.
Investec has been very lively just lately throughout its European direct lending platform, finishing a number of transactions throughout senior, unitranche and integrated-ABL financing options.
Learn extra: Investec completes its first direct lending transaction within the Netherlands
Offers embrace senior debt services to help AnaCap’s acquisition of DK Accountants & Adviseurs; CBPE’s funding in HF, and integrated-ABL for Freshstream’s funding in G2V Group.
Moreover, Investec organized senior debt services for Rivean Capital-backed ZND, LLCP portfolio firm NMi and Thesis Asset Administration, owned by Ventiga Capital Companions and J Leon Group.
“I’m excited to hitch Investec and assist construct the enterprise in Benelux and Scandinavia. I stay up for collaborating with the gifted staff right here to unlock new alternatives for our purchasers throughout the area,” stated Vernaeve.
Based in 2010, Investec Direct Lending focuses on offering financing options to decrease mid-market firms and has deployed over €9.5bn (£7.9bn) throughout greater than 330 distinctive investments since inception.
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