Blog

Buy Side Market Update August 2020

Delta has summarised Buy Side hiring trends inclusive of people moves at HSBC Asset Management, Mubadala and PIMCO in August 2020

Public - Global

On The Move

  • Tony FENNER-LEITAO, DG Partners, Systematic Strategies Business Development, and formerly Winton Capital Chief Executive Officer, has joined Cambrian Asset Management as President
  • David ALLEN, Global Chief investment Officer, Equities, London, Genevieve MURRAY, Head of Australian Equities, Sydney, and Emily WOODLAND, Head of Sustainable investment, Equities, Hong Kong, have all left AMP Capital
  • Eugenia UNANYANTS-JACKSON, Allianz Global Investors, Global Head of ESG Research, London, has joined PGIM Fixed Income in the newly created role of Head of ESG Research, reporting to Rich GREENWOOD, Managing Director, Head of Credit, London
  • David MITCHINSON, TT International, Senior Portfolio Manager, International Equities, London, has joined Zennor Asset Management as a Partner & Portfolio Manager, London

Public - Emerging & Frontier Markets

Fund News

  • Emerging Markets investor Arisaig Capital has launched the Next Generation Fund, a new impact investment fund, led by David LANNING, Head of Research, London, with assistance from Lillian WANG, Arisaigs Impact Assessment & Engagement Director
  • Citadel has announced plans to expand its presence in Asia by opening a Singapore office as well as growing its team in Hong Kong
  • Morgan Stanley has announced plans to liquidate its Emerging Markets Breakout Nations equity fund, led by Jitania KANDHARI and Ruchir SHARMA
  • NN Investment Partners and MN have agreed to combine their Emerging Markets Debt teams, with Onursan KILIC, Salih TILLEM, Boppo JANSEN, Frans NIJSSEN, Ashwin MATABADAL, and Jasper TINTEL all making the move from MN to NN, and the combined entity having circa USD 16 billion in assets under management
  • Alexandre LEFEBVRE, Head of Business Development for Emerging Markets at Amundi, is to be appointed Chief Executive at Sabadell Asset Management following the completion of its acquisition by Amundi
  • Somerset Capital Management has launched a new ESG-focused Emerging Markets fund. The Somerset Emerging Markets Future Leaders Fund will be run by Edward ROBERTSON and Anthony LINEHAN with an initial USD 350 million in seed capital

On The Move

  • Ludovic VAUTHIER, formerly Edmond de Rothschild Asset Management, Head of Emerging Markets Equities, Paris, has joined Sanso Investment Solutions as an Advisor, Global Equity Strategy
  • Clifford LAU, formerly Columbia Threadneedle, Head of Asia Pacific Fixed Income, Singapore, has joined William Blair Investment Management in Singapore
  • Alethea LEUNG, BlackRock, Fund Manager, Asian Equities, Hong Kong, has left, while BlackRock has hired Nicholas CHUI, Aberdeen Standard Investments, Investment Director, Deputy Head, Hong Kong & China Equities, Hong Kong
  • Bryony DEUCHARS, Aviva Investors, Fund Manager, Emerging Markets & Asia Pacific, London, has joined Mirabaud Asset Management as a Fund Manager, Global Emerging Markets, London, reporting to Daniel TUBBS, Head of Global Emerging Markets Equities, London
  • Matthew DOBBS, Schroders, Portfolio Manager, Asian Equities, is to leave next year. His responsibilities will be shared between Richard SENNITT and Abbas BARKHODAR for Asia funds, and Bob KAYNOR, Luke BIERMANN, and Alex DEANE for Global funds
  • Jean-Jacques DURAND, Edmond de Rothschild Asset Management, Portfolio Manager, Emerging Markets Debt, has left
  • Michael HUGMAN, Ninety One, Portfolio Manager, Emerging Markets Debt, London, has joined the Childrens Investment Fund Foundation as Director of Climate Finance, London
  • Tiffany HSIAO, Beini ZHOU, and YuanYuan JI, all Portfolio Managers at San Francisco-based Emerging Markets investor Matthews Asia, have left

Public - Europe

Fund News

  • Florence BARJOU, currently Deputy Chief Investment Officer and Head of Multi-Asset Investments at Lyxor Asset Management in Paris, is to take on the CIO role from October following the departure of Guillaume LASSERRE. In her new role, Barjou will report to Lionel PAQUIN, Group CEO
  • Federated Hermes is to further expand its presence in Europe by opening an office in Madrid, following the opening of offices in Germany and Denmark in 2019
  • Nordea Asset Management has reorganised and added to its External Products group led by Anders BERTRAMSEN, with the 5-person Private Equity team now coming under this banner, and the addition of Jonas MADSEN, Kim GRONLUND and Kristian DRIVSHOLM to the groups Structuring & Private Credit team led by Lea VAISALO

On The Move

  • Bjorn STORIM, Credit Suisse, Co-Speaker of the Executive Board, Germany, Frankfurt, has joined BNY Mellon as Head of Germany, Switzerland, Austria & CEE, Frankfurt
  • Andy CLARK, formerly HSBC Global Asset Management, Chief Executive Officer, UK, London, has joined EdenTree Investment Management as Chief Executive Officer, London, taking over from Deputy Chair & Acting CEO Sue ROUND
  • Jos TRUSTED, formerly CQS, Chief Executive Officer, New City Equities, London, has joined Odey Asset Management as Head of Institutional Business, London
  • Aadarsh MALDE, Point72, Portfolio Manager, London, has joined Brevan Howard in an equivalent role
  • James COMBONI, Millennium, Senior Analyst, London, has joined Point72 as an Associate Portfolio Manager, London

Private - Global

Fund News

  • Amundi has appointed Deputy Chief Executive Officer Dominique CARREL-BILLIARD Global Head of Real & Alternative Assets following the departure of Pedro Antonio ARIAS
  • HSBC Global Asset Management and climate change investment specialist Pollination Group Holdings have partnered to launch HSBC Pollination Climate Asset Management, which will invest globally in projects that generate returns from reducing greenhouse emissions
  • Pacific Equity Partners has held the close of its PEP Fund VI at the target hard cap of AUD 2.5 billion
  • Jim MOMTAZEE, formerly Head of KKRs Healthcare team, has launched new Healthcare-focused Private Equity firm Patient Square Capital
  • White Star Capital has announced the opening of a new Toronto office, with Christopher BOURQUE, General Partner, leading investments across Toronto and Montreal, and Sanjay ZIMMERMAN rejoining White Star, after completing an MBA, as a Principal in Toronto

On The Move

  • Jonathan DESIMONE, formerly Bain Capital Credit, Managing Director, Chief Investment Officer, Liquid Credit, Boston, is to join Private Debt investor Alcentra as Chief Executive Officer, New York, following the decision of Co-Founder & Chief Executive Officer David FORBES-NIXON to step down from the role
  • David SCOPELLITI, formerly Alcentra, Chief Investment Officer, New York, has joined Mercer as Global Head of Private Credit, New York
  • Mark CARNEY, formerly Governor of the Bank of England and Bank of Canada, has joined Brookfield Asset Management as Vice Chair, Head of ESG & Impact Fund Investing
  • Nicole KIDD, formerly RBC Capital Markets, Managing Director, Head of Corporate Banking, Australia, has joined Schroders as Head of Private Debt, Australia, Sydney
  • Bertand DE COMMINGES, HSBC, Regional Head of Business Development, Europe, GTRF, London, has joined Santander Asset Management as Global Head of Trade Finance Investments, Madrid, as part of the Illiquid Alternatives division led by Borja DIAZ-LLANOS
  • Joshua BLANK, Bank of America Merrill Lynch, Analyst, Investment Banking, New York, has joined Tiger Infrastructure Partners as a Private Equity Associate, New York
  • Anthony RIBAL, Houlihan Lokey, Analyst, Restructuring, Los Angeles, has joined PIMCO as an Associate, Portfolio Manager, Private Distressed Credit, Newport Beach
  • Ashish PANDYA, JP Morgan, Analyst, Investment Banking, Diversified Industries, New York, has joined Arlington Capital Partners as a Private Equity Associate, Washington DC/Baltimore
  • Murtaza KAHLOOM, UBS, Analyst, Investment Banking, Melbourne, has joined PAG as a Private Equity Associate, Melbourne

Private - Emerging & Frontier Markets

Fund News

  • PAG has held the final close of its Asia Pacific direct lending-focused PAG Loan Fund IV at the hard cap of USD 1.5 billion
  • Latin America Private Equity firm Patria Investments has raised circa USD 2 billion for its fourth infrastructure fund
  • Finnish Venture Capital firm Superhero Capital has announced the first close of its second fund, focusing on opportunities in the Baltics, at EUR 30 million
  • XSML Capital has raised USD 54 million at the first close of its African Rivers Fund III, investing in Central & East Africa

On The Move

  • Kaveh SAMIE, formerly KKR, Chief Executive Officer, MENA & New Markets, Dubai, has joined Neuberger Berman as Executive Chairman, Head of Middle East & North Africa, Dubai
  • Phil DAVIS, The Carlyle Group, Head of Sustainability, EMEA, London, has joined Helios Investment Partners as Director of ESG, London
  • Cem OCAK, ICBC Yatirim, Senior Vice President, Investment Banking, Istanbul, has joined EBRDs Infrastructure team in Istanbul
  • Jedrzej SOCHA, PZU, Investment Manager, Structured Investments, Warsaw, has joined CEE Real Estate Private Equity firm Griffin Real Estate as a Vice President, Warsaw, with Jan NIEPIEKLO, Bridgepoint, Analyst, and Damian OSIAK, Cromwell Property Group, Investment Analyst, Warsaw, also joining the team as Investment Associates in Warsaw

Private - Europe

Fund News

  • Access Capital Partners has held the first close for its Co-investment Fund Buy-Out Europe II having received EUR 100 million in commitments towards its EUR 300 million target
  • Sustainability focused European Private Equity firm Ambienta has opened an office in Paris, its fourth location, with Gwenaelle LE HO DAGUZAN joining from Bridgepoint as Partner to lead operations there. The firm also announced the hire of Hans HADERER, formerly a Senior Partner with BC Partners in Hamburg, to lead the DACH region from their Dusseldorf office
  • Healthcare investor ArchiMed has closed its mid-market MED Platform I fund at EUR 1 billion, exceeding its initial target of EUR 800 million. The firm has also hired Anna IGOSHEVA, Jefferies, Associate, Investment Banking, Healthcare, London, as a Private Equity Investment Professional
  • Bridgepoint has held the final close of its European mid-market Bridgepoint Development Capital IV fund at the hard cap of GBP 1.5 billion, having had an initial target of GBP 1 billion at launch
  • London-based VC Dawn Capital has closed its fourth fund at USD 400 million, the largest to date for the software-focused investor
  • Nassau Corporate Credit has opened a London office to focus on the European CLO markets, with Paul MELOCHE and Hekeani MATHIEU joining as Portfolio Managers in London from Ellington Management Group, reporting to Alexander JACKSON, Chief Investment Officer, New York

On The Move

  • Rohin JAIN, Triton Partners, Investment Professional, London, and Nishant NAYYAR, Apax Partners, Principal, London, have joined H.I.G. Capital as Managing Director and Principal in London
  • Gabrielle GALLI, Bank of America Merrill Lynch, Vice President, Leveraged Finance, London, has joined Aleph Capital Partners as a Director, Private Equity, London
  • Stephan PRYM, Alpina Partners, Investment Manager, Munich, has joined SIlverfleet Capital as an Investment Executive, Munich
  • Theodore KOROSIDIS, Black Diamond, Associate, Par, Stressed, & Distressed Debt, London, has joined SVPGlobal as an Associate, Distressed Debt & Private Equity, London
  • Alexandre KARAM, Digital Bridge, Investment Associate, London, has joined Asterion Industrial Partners Private Equity team in Madrid
  • Michael HLAVAC, Silver Lake, Investment Professional, London, has joined Greyhound Capital in an equivalent position
  • Michael WIELONDEK, Credit Suisse, Analyst, Investment Banking, Financial Sponsors, London, has joined Sprints Capital as an Investment Associate, London
  • Lilia KYUCHUKOVA, Goldman Sachs, Associate, Investment Banking, TMT, London, has joined Oakley Capital as a Private Equity Associate, London
  • Anfisa TUKHVATULLINA, JP Morgan, Associate, Investment Banking, TMT, London, has joined Kinnevik AB as a Venture & Growth Investor, London
  • Evgeny DEREVYAGA, Lazard, Associate, Investment Banking, Industrials & Business Services, London, has joined BC Partners as an Associate, London
  • Natalie TJAKRAWINATA, Nomura, Associate, Acquisition & Leveraged Finance, London, has joined the Macquarie Group as a Private Equity Analyst, London
  • Adrien LEPIC, Rothschild, Associate, Investment Banking, Technology, Paris, has joined Groupe Chevrillon as an Investment Manager, Paris

SWFs & Pension Funds

Fund News

  • Ontario Teachers Pension Plan Board has signed a USD 350 million agreement with Indian Edelweiss Group to invest in performing and distressed private credit in the Indian market

On The Move

  • Christian LINDSTROM LAGE, Chief Executive Officer or Danish Pension Fund PFA Asset Management, has left
  • Tobias MEISNER, Abu Dhabi Investment Authority, Associate, EMEA Private Equity, Abu Dhabi, has left to join Permira as an Investment Professional, Stockholm
  • Anis BASHIR, Credit Suisse, Associate, Investment Banking, MENA, Dubai, has joined the Abu Dhabi Investment Office as a Senior Associate, Abu Dhabi
  • Justin LANDIS, Morgan Stanley, Associate, Investment Banking, London, has joined GIC as an Associate in New York
  • Swamit MEHTA, formerly Bridgepoint, Investment Professional, San Francisco, has joined Mubadala as an Investment Professional, Technology, Manufacturing & Mining, New York
  • Siddig SIDDIG, RBC Capital Market, Analyst, Investment Banking, Healthcare & Biotechnology, San Francisco, has joined Mubadala as a Venture Capital Investor, San Francisco

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