Thursday, November 7, 2024

BlackRock boosts personal credit score staff with senior Goldman rent

BlackRock has expanded its European personal debt staff with a senior rent in France.

Camille de Lamotte has joined the asset supervisor as co-head of personal debt origination in France and head of origination in Spain. He joins Guillaume Claire, co-head of France, in Paris and can give attention to sourcing and executing mid-market direct lending offers.

Learn extra: BlackRock names new personal credit score lead for India

De Lamotte was most lately with Goldman Sachs, the place he was head of direct lending in France and Spain. Previous to that he labored as head of leveraged finance for GE Capital.

BlackRock’s personal debt staff is comprised of greater than 30 folks in 4 international locations. It launched its European mid-market direct lending technique in 2017 and has since invested over €13bn in additional than 100 corporations.

Learn extra: BlackRock sees alternative for personal credit score in asset-based financing

“Non-public debt continues to develop in Europe, as a variety of long-term buyers now more and more flip to direct lending to entry the revenue alternatives introduced by middle-market corporations,” commented Stephan Caron, head of EMEA personal debt at BlackRock.

“We’re happy to welcome Camille de Lamotte to BlackRock. Camille brings precious experience throughout a number of market cycles.  We stay up for collaborating with Camille to finance on behalf of our shoppers small and mid-sized corporations which might be the spine of French and Spanish economies.”

Learn extra: BlackRock hires world co-heads of actual property


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