AlbaCore Capital Group has appointed former Goldman Sachs govt Luke Gillam as accomplice, head of senior direct lending.
Gillam (pictured) has greater than 25 years expertise in European leveraged and structured finance. He was beforehand head of EMEA credit score capital markets and co-chairman of the credit score capital market committee at Goldman Sachs.
At AlbaCore, Gillam will lead the sourcing, underwriting and execution of senior direct lending transactions and can handle the senior direct lending group. He’ll work alongside Invoice Ammons, a accomplice and portfolio supervisor at AlbaCore.
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“I’m delighted to turn into a part of the AlbaCore group and capitalise on the rising alternative set within the European senior direct lending market,” stated Gillam.
“AlbaCore’s present European platform throughout personal and liquid credit score, robust fame out there and deep relationships with sponsors, banks and advisors present buyers with a really engaging providing.
“There continues to be an actual progress alternative for senior direct lending in Europe, which can lead to personal lending financing a a lot greater a part of higher mid to massive cap companies’ capital constructions.
“I’m trying ahead to constructing a devoted senior direct lending platform for AlbaCore and develop its function as a key supplier of financing options in Europe.”
AlbaCore Capital Group specialises in personal capital options, direct lending, opportunistic and dislocated credit score, CLOs, and structured merchandise.
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The agency stated that Gillam’s appointment will permit AlbaCore to leverage its present capabilities and supply a broader product vary focusing on particular components of corporates’ capital constructions, from senior direct lending and CLO tranches to junior capital options.
“Luke’s expertise and relationships throughout credit score markets will complement and reinforce the experience of AlbaCore’s senior funding group,” stated David Allen, managing accomplice and chief funding officer at AlbaCore.
“Luke joins AlbaCore at a time after we are well-positioned to capitalise on the rising alternatives within the European senior direct lending market.
“I’m excited to work alongside him as we construct upon our expertise in European senior direct lending to deliver a devoted technique to market.”
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