Nuveen Personal Capital has appointed Goldman Sachs’ Ralph van Daalen as head of enterprise improvement for the Netherlands to increase its personal credit score options throughout the area.
Nuveen Personal Capital was fashioned in March 2023, following Nuveen’s majority acquisition of Arcmont Asset Administration, which, together with Churchill Asset Administration, has created a $74bn (£56.4bn) personal capital platform and one of many world’s largest personal credit score managers.
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Van Daalen might be primarily based in Nuveen’s Amsterdam workplace and has greater than twenty years of expertise within the Dutch institutional market.
He was beforehand co-head of fiduciary administration at Goldman Sachs Asset Administration the place he led a crew of funding specialists and was answerable for servicing and increasing its Dutch fiduciary consumer base.
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Previous to that, he held roles at worldwide asset supervisor Robeco, Towers Watson and BMO International Asset Administration (EMEA).
“Ralph has deep expertise and a powerful community within the Dutch market, which is able to assist to additional improve Nuveen Personal Capital’s initiative to offer main personal credit score options to our increasing Pan-European investor base,” stated Anthony Fobel, chief govt of Arcmont Asset Administration. “He might be crucial to our continued efforts to assist traders and supply entry to Arcmont and Churchill’s methods – we look ahead to welcoming Ralph to the crew.”
Learn extra: Arcmont targets €12bn for European direct lending fund